Iordanou Family Foundation
Iordanou Family Foundation is a private foundation, based in Marco Island, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 7 grants totaling $104K. Net investment income was $80K.
Iordanou Family Foundation at a glance
In short: Iordanou Family Foundation gave $104K across 7 grants in 2024 (avg $15K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $103,500
- +107.0% vs 2023
- Grants made (2024)
- 7
- +600.0% vs 2023
- Average grant
- $14,786
- -70.4% vs 2023
- Median grant
- $10,000
- Total assets
- $1,425,029
- +28.5% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Iordanou Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Our Lady of Lourdes School ($25K). Together the top 7 received $104K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 15 grants of 16 (94%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Iordanou Family Foundation gives
- Giving grew 196% from 2021 to 2024. Method
- In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $35K (2021) to $104K (2024). In 2024 it made 7 grants totaling $104K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Our Lady of Lourdes School New York, NY | Unrestricted | $25,000 |
| Trinity School New York, NY | Unrestricted | $25,000 |
| Eleftheria Pancyprian Soccer Club Astoria, NY | Unrestricted | $22,500 |
| Hellenic American Bankers Association New York, NY | Unrestricted | $10,000 |
| St Barbara Greek Orthodox Church New York, NY | Unrestricted | $10,000 |
| Holy Trinity Greek Orthodox Church New Rochelle, NY | Unrestricted | $10,000 |
| Transfiguration Church Mattituck, NY | Unrestricted | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,425,029 | $429,488 | $113,760 | $103,500 | 7 | $108,225 | $79,796 | $99,253 |
| 2023 | $1,109,301 | $379,296 | $50,960 | $50,000 | 1 | $50,000 | $55,064 | $63,393 |
| 2022 | $780,965 | $712,000 | $95,405 | $95,000 | 5 | $95,000 | $67,944 | $25,663 |
| 2021 | $164,370 | $4,881 | $35,036 | $35,000 | 3 | $35,000 | $27,052 | $9,594 |
| 2020 | $194,525 | $194,525 | — | — | — | — | — | $1,720 |
Under IRS private-foundation payout rules, Iordanou Family Foundation reported a distributable amount of $99K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Iordanou Family Foundation is led by Michael Iordanou, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Michael Iordanou
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Iordanou Family Foundation
How much does Iordanou Family Foundation give each year?
Iordanou Family Foundation gave $104K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 1 grant.
What is Iordanou Family Foundation's typical grant size?
Iordanou Family Foundation's median grant in 2024 was $10,000, and its average grant was $14,786, across 7 grants on its 2024 IRS Form 990-PF.
Where does Iordanou Family Foundation give grants?
Iordanou Family Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (4 grants).
Does Iordanou Family Foundation give general operating support?
Yes: 100% of Iordanou Family Foundation's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Iordanou Family Foundation's largest grantees?
Iordanou Family Foundation's largest 2024 grantees include Our Lady of Lourdes School ($25,000), Trinity School ($25,000) and Eleftheria Pancyprian Soccer Club ($22,500), according to its 2024 IRS Form 990-PF. Together they received 70% of its itemized 2024 grant dollars.
How large is Iordanou Family Foundation?
Iordanou Family Foundation reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $108K in qualifying distributions that year, against a required minimum of $99K (roughly 5% of its investment assets).
What is Iordanou Family Foundation's EIN?
Iordanou Family Foundation's EIN (Employer Identification Number) is 85-1420046. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Iordanou Family Foundation funds
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