Gerondelis Foundation Inc
Gerondelis Foundation Inc is a private foundation based in Lynn, Massachusetts. Its 2025 filing reports grants to organizations including churches, educational and youth organizations, and community-service organizations, as well as scholarship funding.
Gerondelis Foundation Inc at a glance
In short: Gerondelis Foundation Inc gave $2.1M across 82 grants in 2025 (avg $25K), mostly in Massachusetts. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,070,634
- +10.6% vs 2024
- Grants made (2025)
- 82
- +28.1% vs 2024
- Average grant
- $25,252
- -13.7% vs 2024
- Median grant
- $10,000
- Total assets
- $6,722,154
- -4.5% vs 2024
- New grantees (estimate)
- 40% first-time grantees (31 of 77, 2025)
- Primary geography
- Massachusetts (74% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Gerondelis Foundation Inc
- How to Apply
-
The filing lists Gregory C. Demakis as the contact and written letters as the application materials. It gives no deadline. The filing also states that the foundation does not restrict giving to preselected organizations and lists scholarship funding for people of Greek heritage as a restriction on awards.
- Contact
Application contact: Gregory C Demakis
Mailing address: 56 Central Avenue Suite 201, Lynn, MA 01901
Phone: (781) 595-3311
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Gerondelis Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Saint Vasilios Greek Orthodox Churc ($250K). Together the top 10 received $1.1M.
Organizations only. It also paid 1 individual scholarship ($5,000), which are not listed by name.
Grant Size Distribution
337 grants across all recorded years
The most common grant size was under $50K: 282 grants of 337 (84%).
Geographic Focus
Where this funder awards grants
In 2025, Massachusetts recipients received 74% of grant dollars. Florida and California each received 5%, an individual recipient received 4%, and Washington, DC received 2%.
Grant Distribution by State
Share of 2025 grant dollars across all 82 itemized grants.
States
Cities
Is Gerondelis Foundation Inc open to new grantees?
40%
first-time grantees, 2025
In 2025, 31 of 77 grantees (40%) were first-time recipients. First grants averaged $21K; repeat grants $31K. How we count
Medians: $10K first-time, $18K repeat.
- 48% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+1%). Method
- In 2025 it paid out 118% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $1.4M (2023) to $2.1M (2025). In 2025 it made 82 grants totaling $2.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Saint Vasilios Greek Orthodox Churc Peabody, MA | For Funding | $250,000 |
| High School Scholarships Lynn, MA | Scholarship | $105,000 |
| Greek Orthodox Metropolis of Boston Brookline, MA | For Funding | $100,000 |
| Boys and Girls Club of Lynn Lynn, MA | For Funding | $100,000 |
| Gregg Neighborhood House Associatio Lynn, MA | For Funding | $100,000 |
| Pasedena Community Foundation Pasedena, CA | For Funding | $100,000 |
| Saint George Classical Academy Boxford, MA | For Funding | $100,000 |
| YMCA Metro North Saugus, MA | For Funding | $100,000 |
| St George Greek Orthodox Church Lynn, MA | For Funding | $55,000 |
| Nemours Children's Health Melbourne, FL | For Funding | $50,000 |
Ready to take the next step with Gerondelis Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $6,722,154 | $2,125,436 | $3,815,968 | $2,070,634 | 82 | $2,070,634 | $1,888,768 | $1,748,069 |
| 2024 | $7,038,867 | $2,416,815 | $2,380,155 | $1,871,735 | 64 | $1,871,735 | $2,206,395 | $1,746,031 |
| 2023 | $6,860,777 | $2,156,758 | $1,914,363 | $1,378,680 | 66 | $1,378,680 | $1,914,895 | $1,410,780 |
| 2022 | $6,402,585 | $2,079,079 | $2,372,248 | $2,056,416 | 74 | $2,056,416 | $1,882,867 | $1,413,461 |
| 2021 | $6,658,134 | $2,111,170 | $1,197,034 | $1,575,357 | 51 | $1,575,357 | $1,917,493 | $1,433,132 |
| 2020 | $6,527,096 | $2,050,168 | $1,447,977 | $1,379,750 | 65 | — | $1,970,814 | $1,392,932 |
Under IRS private-foundation payout rules, Gerondelis Foundation Inc reported a distributable amount of $1.7M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The filing does not state a mission. The 2025 grants show support for a range of organizations. For example, Community Action Inc describes its work as helping people and communities overcome poverty through education, training, advocacy, prevention, and basic-needs services. LEO Inc says it works to strengthen the Greater Lynn community by providing resources and services for children, families, and individuals. Camp Fire North Shore Inc describes its programs as offering youth opportunities for personal development and informal education.
Other 2025 recipients include Greater Lynn Senior Services Inc, whose stated mission emphasizes collaboration and community impact, and LEAP for Education Inc, which says it provides academic, postsecondary, and career services to underserved students in grades 6–16. The grantee descriptions also include mental-health support, housing for veterans with psychiatric disabilities, and creative opportunities for underserved youth.
Grantmaking
In 2025, the foundation reported 82 grants totaling $2,070,634. Grants ranged from $5,000 to $250,000, with a median of $10,000. Among the largest were $250,000 to Saint Vasilios Greek Orthodox Church; $105,000 for high school scholarships; and $100,000 each to the Greek Orthodox Metropolis of Boston, Boys and Girls Club of Lynn, Gregg Neighborhood House Association, Pasadena Community Foundation, Saint George Classical Academy, and YMCA Metro North.
Other 2025 grants included $50,000 each to Community Action Inc and LEO Inc, $33,334 to Camp Fire North Shore Inc, $25,000 each to Greater Lynn Senior Services Inc and LEAP for Education Inc, and $20,000 each to Here Tomorrow Inc and Habitat Plus Inc.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Gregory C. Demakis, Esq., as president and Thomas C. Demakis, Esq., as treasurer. Directors listed are Paul C. Demakis, Esq.; Thomas L. Demakis; John N. Demakis; T Phillip Comenos; Arthur Kourkoulis; Joanna Demakis; Nicholas T. Zervas; Irene C. Duros; and Christopher Scangas.
Gerondelis Foundation Inc is led by Gregory C. Demakis Esq., President on every filing since 2020; all 10 officers listed in 2025 are compensated.
Officers on the 2025 filing
Gregory C. Demakis Esq.
President
On filings since 2020
$8K (2020) → $8K (2025)
Arthur Kourkoulis
Director
On filings since 2020
$8K (2020) → $8K (2025)
Christopher Scangas
Director
On filings since 2020
$8K (2020) → $8K (2025)
Irene C. Duros
Director
On filings since 2020
$8K (2020) → $8K (2025)
Joanna Demakis
Director
On filings since 2020
$8K (2020) → $8K (2025)
John N. Demakis
Director
On filings since 2020
$8K (2020) → $8K (2025)
Paul C. Demakis Esq.
Director
On filings since 2020
$8K (2020) → $8K (2025)
T. Phillip Comenos
Director
On filings since 2020
$8K (2020) → $8K (2025)
Thomas L. Demakis
Treasurer & Director
On filings since 2020
$8K (2020) → $8K (2025)
Nicholas T. Zervas
Director
On filings since 2021
$6K (2021) → $2K (2025)
Former officers (1)
- Former: Nondas Lagonakis (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $8K, to Thomas C Demakis ESQ (Treasurer). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Gerondelis Foundation Inc
How much does Gerondelis Foundation Inc give each year?
Gerondelis Foundation Inc gave $2.1M across 82 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.9M across 64 grants.
What is Gerondelis Foundation Inc's typical grant size?
Gerondelis Foundation Inc's median grant in 2025 was $10,000, and its average grant was $25,252, across 82 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Gerondelis Foundation Inc that year got $21K on average.
Where does Gerondelis Foundation Inc give grants?
Gerondelis Foundation Inc gives mostly in Massachusetts: 74% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (5%) and California (5%). The most frequent recipient cities were Lynn, MA (15 grants), Boston, MA (7 grants), Salem, MA (4 grants) and New York, NY (4 grants).
Does Gerondelis Foundation Inc give general operating support?
Not in 2025: none of the 82 grants with a stated purpose on Gerondelis Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "For Funding" (47 grants) and "Scholarship" (35 grants).
Who are Gerondelis Foundation Inc's largest grantees?
Gerondelis Foundation Inc's largest 2025 grantees include Saint Vasilios Greek Orthodox Churc ($250,000), Greek Orthodox Metropolis of Boston ($105,000 across 2 grants) and High School Scholarships ($105,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($5,000), which are not listed by name. Together they received 22% of its itemized 2025 grant dollars.
How large is Gerondelis Foundation Inc?
Gerondelis Foundation Inc reported $6.7M in total assets on its 2025 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets).
What does Gerondelis Foundation Inc fund?
The filing does not state a mission. The 2025 grants show support for a range of organizations. For example, Community Action Inc describes its work as helping people and communities overcome poverty through education, training, advocacy, prevention, and basic-needs services. See mission & focus areas ↑
How do I apply for a grant from Gerondelis Foundation Inc?
The filing lists Gregory C. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Gerondelis Foundation Inc's EIN?
Gerondelis Foundation Inc's EIN (Employer Identification Number) is 04-6130871. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 5, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Gerondelis Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/gerondelis-foundation-inc-morg_d1b50a0991f941eb8dae2fa1443e1569
BibTeX
@misc{grantable_046130871_2026,
author = {{Grantable}},
title = {{Gerondelis Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/gerondelis-foundation-inc-morg_d1b50a0991f941eb8dae2fa1443e1569},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Gerondelis Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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