John Niamas Scholarship Trust
John Niamas Scholarship Trust is a private foundation focused on Education, based in Bangor, ME. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $524K in total assets. In 2025, it awarded 1 grant totaling $33K. Net investment income was $24K.
John Niamas Scholarship Trust at a glance
In short: John Niamas Scholarship Trust gave $33K across 1 grant in 2025 (avg $33K). Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $33,000
- +0.9% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $33,000
- +0.9% vs 2024
- Median grant
- $33,000
- Total assets
- $524,409
- -2.3% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who John Niamas Scholarship Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Niamas Greek Scholarship Committee ($33K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
How John Niamas Scholarship Trust gives
- Giving held roughly steady from 2022 to 2025 (−7%). Method
- In 2025 it paid out 100% 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 2020 to 2025, annual grant giving ranged from $27K (2021) to $36K (2022). In 2025 it made 1 grant totaling $33K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Niamas Greek Scholarship Committee | Scholarship | $33,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $524,409 | $29,921 | $42,076 | $33,000 | 1 | $35,181 | $23,912 | $35,103 |
| 2024 | $536,491 | $30,529 | $40,607 | $32,700 | 1 | $34,766 | $24,890 | $33,173 |
| 2023 | $546,551 | $8,446 | $39,179 | $32,083 | 1 | $34,460 | $11,056 | $30,828 |
| 2022 | $577,237 | $11,246 | $42,769 | $35,625 | 1 | $40,154 | $7,678 | $32,083 |
| 2021 | $608,811 | $21,368 | $38,656 | $26,793 | 1 | $32,022 | $16,001 | $35,625 |
| 2020 | $626,175 | $104,602 | $31,687 | $27,077 | 1 | — | $102,048 | $28,860 |
Under IRS private-foundation payout rules, John Niamas Scholarship Trust reported a distributable amount of $35K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
John Niamas Scholarship Trust's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Athanasios A. Mayiakas
Co-Trustee
On filings since 2020
2 hrs/week
No compensation reported
Lazardous C. Vandis DMD
Co-Trustee
Do-Trustee → Co-Trustee, 2025
On filings since 2020
2 hrs/week
No compensation reported
Former officers (2)
- Former: Bangor Savings Bank (2020–2022) — Co-Trustee
- Former: Bank FO America NA (2020) — Co-Trustee
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.
Frequently asked questions about John Niamas Scholarship Trust
How much does John Niamas Scholarship Trust give each year?
John Niamas Scholarship Trust gave $33K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $33K across 1 grant.
How large is John Niamas Scholarship Trust?
John Niamas Scholarship Trust reported $524K in total assets on its 2025 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $35K (roughly 5% of its investment assets).
What is John Niamas Scholarship Trust?
John Niamas Scholarship Trust is a private foundation focused on Education, based in Bangor, ME. It holds $524K in total assets as of 2025.
What is John Niamas Scholarship Trust's EIN?
John Niamas Scholarship Trust's EIN (Employer Identification Number) is 06-6354878. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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 May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work John Niamas Scholarship Trust funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in John Niamas Scholarship Trust's focus areas in our free grants database
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