Sterea Hellas Foundation of

Private foundation · Grantmaker Olmsted Falls, OH EIN: 30-0259998

Sterea Hellas Foundation of is a private foundation based in Olmsted Falls, Ohio. Its website identifies the Nafpaktian Cultural Foundation as a private foundation whose membership includes immigrants, descendants, and relatives from Sterea Ellas, Greece.

Sterea Hellas Foundation of at a glance

In short: Sterea Hellas Foundation of gave $10K across 15 grants in 2025 (avg $633.333), mostly in Ohio. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$9,500
+46.2% vs 2024
Grants made (2025)
15
+0.0% vs 2024
Average grant
$633
+46.2% vs 2024
Median grant
$500
Total assets
$1,535,535
+3.7% vs 2024
Primary geography
Ohio (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Sterea Hellas Foundation of

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.

Contact

Mailing address: 7890 Brookside Drive, Olmsted Falls, OH 44138
Phone: (440) 899-4000

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Sterea Hellas Foundation of funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

St Gregory Palamas Monestary: $400St Gregory Palamas Monestary$400Greater Cleveland Food Bank: $400Greater Cleveland Food Bank$400City Mission: $400City Mission$400St Herman's Focus on Cleveland: $400St Herman's Focus on Cleveland$400Greek Cultural Garden Assoc of CLE: $400Greek Cultural Garden Assoc ofCLE$400

The largest 2025 recipient was St Gregory Palamas Monestary ($400). Together the top 5 received $2K.

Organizations only. It also paid 10 individual scholarships ($7,500), which are not listed by name.

Grant Size Distribution

74 grants across all recorded years

74<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 74 grants of 74 (100%).

Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in Ohio. The foundation’s website describes its charitable contribution activity as serving Northeast Ohio. Its scholarship eligibility information names Cuyahoga, Geauga, Lake, Lorain, Medina, Portage, and Summit counties.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 15 itemized grants.

States

Cities

ClevelandRocky RiverCleveland HeightsNorth RoyaltonLorainPerrysvilleBay VillageBrunswickMassillonMiddleburg HeightsNorth RidgevilleOlmstead FallsOlmsted FallsParmaStrongsvilleWestlake

How Sterea Hellas Foundation of gives

  • Giving grew 73% from 2022 to 2025. 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

$0$2.5K$5K$7.5K$10K13 grants2020 14 grants2021 16 grants2022 14 grants2023 15 grants2024 15 grants2025

From 2020 to 2025, annual grant giving ranged from $5K (2023) to $10K (2021). In 2025 it made 15 grants totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
10 individual scholarships Recipients not named —$7,500
St Gregory Palamas Monestary Perrysville, OHFeed and Clothe the Homeless$400
Greater Cleveland Food Bank Cleveland, OHFeed the Homeless and Poor$400
City Mission Cleveland, OHClothe and Fee the Homeless$400
St Herman's Focus on Cleveland Cleveland, OHClothe & Feed the Homeless$400
Greek Cultural Garden Assoc of CLE Cleveland, OHCommunity Programs$400
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2025$1,535,535$212,499$94,334$9,50015$78,846$175,976
2024$1,480,776$121,712$123,742$6,50015$110,265$37,125
2023$1,351,786$64,022$79,270$4,50014$66,689$26,847
2022$1,252,255$55,310$80,118$5,50016$67,521$10,630
2021$1,386,402$31,487$56,501$9,75014$43,347$11,806
2020$1,292,041$23,645$38,468$5,00013—$17,810

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The foundation’s website states that it supports qualifying charities and organizations in Northeast Ohio, preserves and educates others about the history and culture of Sterea Ellas, and provides scholarships to qualified students in Northeast Ohio. Its website describes scholarships for students of Greek ancestry who permanently reside in specified Ohio counties, including programs for high school, college or technical/trade school students, STEMM students, and students with ancestry from Sterea Hellas.

Its 2025 grants included scholarships to individual recipients and contributions to organizations addressing homelessness and hunger. The Greater Cleveland Food Bank, which received $400, describes its own mission as providing nutritious food and essential resources to neighbors facing hunger.

Grantmaking

In 2025, the foundation reported 15 grants totaling $9,500. Grant amounts ranged from $400 to $1,000, with a median of $500. The largest grants were five $1,000 scholarships to individual recipients. Other listed grants included $400 to St. Gregory Palamas Monastery to feed and clothe homeless people and $400 to the Greater Cleveland Food Bank to feed homeless and poor people.

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation’s 2025 filing lists George Mastrokostas as president, Nicki Mitchell as vice president, Nick Tsengas as secretary, Nick Dionisos as treasurer, and Nick Pallas as assistant secretary. The website’s 2026–2027 board page lists the same officers.

Sterea Hellas Foundation of is led by George Mastrokostas, President on every filing since 2020; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • George Mastrokostas

    President

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Nick Dionisos

    Treasurer

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Nick Pallas

    Assistant Se

    On filings since 2022

    4 hrs/week

    No compensation reported

  • Nick Tsengas

    Secretary

    On filings since 2023

    4 hrs/week

    No compensation reported

  • Nicki Mitchell

    Vice President

    New on the 2025 filing

    4 hrs/week

    No compensation reported

Former officers (4)
  • Former: John Tsigas (2020–2024) — Vice President
  • Former: Katerina Kanis (2022) — Secretary
  • Former: Elaine Asimakis (2020–2021) — Assistant Se
  • Former: Vickie Douzos (2020–2021) — Secretary

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 Sterea Hellas Foundation of

How much does Sterea Hellas Foundation of give each year?

Sterea Hellas Foundation of gave $10K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $7K across 15 grants.

What is Sterea Hellas Foundation of's typical grant size?

Sterea Hellas Foundation of's median grant in 2025 was $500, and its average grant was $633, across 15 grants on its 2025 IRS Form 990-PF.

Where does Sterea Hellas Foundation of give grants?

Sterea Hellas Foundation of gives mostly in Ohio: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cleveland, OH (4 grants).

Does Sterea Hellas Foundation of give general operating support?

Not in 2025: none of the 15 grants with a stated purpose on Sterea Hellas Foundation of's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (10 grants).

Who are Sterea Hellas Foundation of's largest grantees?

Sterea Hellas Foundation of's largest 2025 grantees include St Gregory Palamas Monestary ($400), Greater Cleveland Food Bank ($400) and City Mission ($400), according to its 2025 IRS Form 990-PF. It also paid 10 individual scholarships ($7,500), which are not listed by name. Together they received 13% of its itemized 2025 grant dollars.

How large is Sterea Hellas Foundation of?

Sterea Hellas Foundation of reported $1.5M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $212K.

What does Sterea Hellas Foundation of fund?

The foundation’s website states that it supports qualifying charities and organizations in Northeast Ohio, preserves and educates others about the history and culture of Sterea Ellas, and provides scholarships to qualified students in Northeast Ohio. See mission & focus areas ↑

How do I apply for a grant from Sterea Hellas Foundation of?

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 Sterea Hellas Foundation of's EIN?

Sterea Hellas Foundation of's EIN (Employer Identification Number) is 30-0259998. IRS Form 990 filing data is available on this page for 2020–2025.

Does Sterea Hellas Foundation of 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 October 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 19, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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Figures come from Sterea Hellas Foundation of'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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