Hellenic Advancement of Education & Culture Inc
HELLENIC ADVANCEMENT OF EDUCATION & is a private foundation based in Long Island City, New York. Its 2025 filing reports 21 grants totaling $175,676 to charitable organizations.
Key facts about Hellenic Advancement of Education & Culture Inc
In short: Hellenic Advancement of Education & Culture Inc gave $176K across 21 grants in 2025 (avg $8K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 57-1138560
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $175,676
- Grants made (2025)
- 21
- Average grant
- $8,366
- Median grant
- $3,550
- Total assets
- $158,656
- Primary geography
- New York (88% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$159K
-52.5% YoY
Annual Giving
$176K
-44.5% YoY
Grant Count
21
+0.0% YoY
Avg Grant Size
$8K
-44.5% YoY
Under IRS private-foundation payout rules, Hellenic Advancement of Education & Culture Inc reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.
How Hellenic Advancement of Education & Culture Inc gives
- 62% of 2025 grantees were also funded in 2024. Method
- Giving grew 216% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants went to organizations including churches, universities, schools, and cultural and community organizations. Among the grantees described in their own words, Fordham University says it is committed to research and education; Pancyprian Association Inc. describes itself as a nonprofit providing community services; and Amorgos Foundation Inc. says it provides financial support to charitable and other organizations. These are the grantees’ descriptions, not the foundation’s mission.
Grantmaking
In 2025, the foundation made 21 grants totaling $175,676. Grants ranged from $1,000 to $59,000, with a median of $3,550.
The largest reported grants included $59,000 to St Demetrios Church, $21,800 to Holy Cross Greek Orthodox Church, $21,280 to City College of New York, and $12,500 to Federation of Cypriot Americans. Other notable awards were $10,000 to the Trustees of the University of Pennsylvania, $8,000 to SUNY Upstate, and $5,700 to Harrisburg University. Fordham University received $5,000, Pancyprian Association Inc. received $2,000, and Amorgos Foundation Inc. received $1,000.
How to Apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with Hellenic Advancement of Education & Culture Inc?
Geographic Focus
Where this funder awards grants
In 2025, the reported share of grant dollars by recipient state was New York 88%, Pennsylvania 9%, Virginia 3%, and South Carolina 1%.
Grant Distribution by State
Share of 2025 grant dollars across all 21 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $51K (2021) to $316K (2024). In 2025 it made 21 grants totaling $176K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was St Demetrios Church ($59K). Together the top 10 received $153K.
Grant Size Distribution
77 grants across all recorded years
The most common grant size was under $50K: 74 grants of 77 (96%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Demetrios Church Astoria, NY | Charitable Contribution to Benefit IRS Approved Charity | $59,000 |
| Holy Cross Greek Orthodox Church Whitestone, NY | Charitable Contribution to Benefit IRS Approved Charity | $21,800 |
| City College of New York New York, NY | Charitable Contribution to Benefit IRS Approved Charity | $21,280 |
| Federation of Cypriot Americans Old Brookville, NY | Charitable Contribution to Benefit IRS Approved Charity | $12,500 |
| The Trustees of the University of Pennsylvania Philadelphia, PA | Charitable Contribution to Benefit IRS Approved Charity | $10,000 |
| SUNY Upstate Syracuse, NY | Charitable Contribution to Benefit IRS Approved Charity | $8,000 |
| Harrisburg University Harrisburg, PA | Charitable Contribution to Benefit IRS Approved Charity | $5,700 |
| Pan-Laconian Foundation Fairfax, VA | Charitable Contribution to Benefit IRS Approved Charity | $5,000 |
| Fordham University Bronx, NY | Charitable Contribution to Benefit IRS Approved Charity | $5,000 |
| Dalton School New York, NY | Charitable Contribution to Benefit IRS Approved Charity | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $158,656 | $2,070 | $179,378 | $175,676 | 21 |
| 2024 | $333,964 | $10,953 | $320,103 | $316,367 | 21 |
| 2023 | $643,114 | $36,801 | $122,787 | $119,003 | 18 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $158,656 | $333,964 | $643,114 |
| Revenue | $2,070 | $10,953 | $36,801 |
| Expenses | $179,378 | $320,103 | $122,787 |
| Qualifying Distributions | $175,676 | $316,367 | $119,003 |
| Net Investment Income | — | $7,328 | $8,017 |
| Distributable Amount | $12,131 | $23,959 | $33,680 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Kyriakos Karabelas and Stamatiki Valiotis as directors, Efstathios Valiotis as president, and Sophia Mavroudis as secretary/treasurer.
Hellenic Advancement of Education & Culture Inc is led by Efstathios Valiotis, President since 2022 (on filings since 2020); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Efstathios Valiotis
President
Officer → President, 2022
On filings since 2020
No compensation reported
Kyriakos Karabelas
Director
On filings since 2020
No compensation reported
Stamatiki Valiotis
Director
On filings since 2022
No compensation reported
Sophia Mavroudis
Secretary & Treasurer
On filings since 2022
No compensation reported
Former officers (1)
- Former: Nick Androitis (2020–2021) — Officer
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.
Contact
Mailing address: 31-10 37Th Ave 500, Long Island City, NY 11101
Phone: (718) 267-0300
Frequently asked questions about Hellenic Advancement of Education & Culture Inc
How much does Hellenic Advancement of Education & Culture Inc give each year?
Hellenic Advancement of Education & Culture Inc gave $176K across 21 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $316K across 21 grants.
What is Hellenic Advancement of Education & Culture Inc's typical grant size?
Hellenic Advancement of Education & Culture Inc's median grant in 2025 was $3,550, and its average grant was $8,366, across 21 grants on its 2025 IRS Form 990-PF.
Where does Hellenic Advancement of Education & Culture Inc give grants?
Hellenic Advancement of Education & Culture Inc gives mostly in New York: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (9%). The most frequent recipient cities were Astoria, NY (6 grants) and New York, NY (4 grants).
Who are Hellenic Advancement of Education & Culture Inc's largest grantees?
Hellenic Advancement of Education & Culture Inc's largest 2025 grantees include St Demetrios Church ($59,000), Holy Cross Greek Orthodox Church ($21,800) and City College of New York ($21,280), according to its 2025 IRS Form 990-PF. Together they received 58% of its itemized 2025 grant dollars.
How large is Hellenic Advancement of Education & Culture Inc?
Hellenic Advancement of Education & Culture Inc reported $159K in total assets on its 2025 IRS Form 990-PF. It paid out $176K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
What does Hellenic Advancement of Education & Culture Inc fund?
No mission statement for the foundation is provided. Its 2025 grants went to organizations including churches, universities, schools, and cultural and community organizations. See mission & focus areas ↑
How do I apply for a grant from Hellenic Advancement of Education & Culture Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hellenic Advancement of Education & Culture Inc's EIN?
Hellenic Advancement of Education & Culture Inc's EIN (Employer Identification Number) is 57-1138560. IRS Form 990 filing data is available on this page for 2020–2025.
Does Hellenic Advancement of Education & Culture Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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