The Massachusetts State Capitol

Form 990-PFTax year 2025EIN 04-6130871

Gerondelis Foundation Inc

A private foundation in Lynn, MA. Its return for tax year 2025 lists 82 grants and $2.1 million paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Gregory C Demakis
56 Central Avenue Suite 201
Lynn, MA 01901
(781) 595-3311
Form and materials
Written letters
Deadlines
None
Restrictions
For funding of scholarship for people of greek heritage

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $2,070,634

    Grants listed
    82
    Assets, end of year
    $6,722,154
  • Tax year 2024

    $1,871,735

    Grants listed
    64
    Assets, end of year
    $7,038,867
  • Tax year 2023

    $1,378,680

    Grants listed
    66
    Assets, end of year
    $6,860,777
  • Tax year 2022

    $2,056,416

    Grants listed
    74
    Assets, end of year
    $6,402,585
  • Tax year 2021

    $1,575,357

    Grants listed
    51
    Assets, end of year
    $6,658,134
  • Tax year 2020

    $1,379,750

    Grants listed
    65
    Assets, end of year
    $6,527,096
  • Tax year 2019

    $1,504,500

    Grants listed
    67
    Assets, end of year
    $6,271,935
  • Tax year 2018

    $1,918,203

    Grants listed
    77
    Assets, end of year
    $6,072,458

Grants paid in 2025

82 grants, largest first

As listed on the return.

  1. Saint Vasilios Greek Orthodox ChurcPeabody, MA

    For funding

    $250,000
  2. High School ScholarshipsLynn, MA

    Scholarship

    $105,000
  3. Greek Orthodox Metropolis of BostonBrookline, MA

    For funding

    $100,000
  4. Boys and Girls Club of LynnLynn, MA

    For funding

    $100,000
  5. Gregg Neighborhood House AssociatioLynn, MA

    For funding

    $100,000
  6. Pasedena Community FoundationPasedena, CA

    For funding

    $100,000
  7. Saint George Classical AcademyBoxford, MA

    For funding

    $100,000
  8. YMCA Metro NorthSaugus, MA

    For funding

    $100,000
  9. St George Greek Orthodox ChurchLynn, MA

    For funding

    $55,000
  10. Nemours Children's HealthMelbourne, FL

    For funding

    $50,000
  11. United Services OrganizationWashington, DC

    For funding

    $50,000
  12. American College of GreeceBoston, MA

    For funding

    $50,000
  13. Community Action IncHaverhill, MA

    For funding

    $50,000
  14. Leo IncLynn, MA

    For funding

    $50,000
  15. Camp Fire North ShoreLynn, MA

    For funding

    $33,334
  16. Columbia UniversityNew York, NY

    Scholarship

    $30,000
  17. University of FloridaGainesville, FL

    Scholarship

    $30,000
  18. Dormition of the Virgin Mary GreekSomerville, MA

    For funding

    $25,000
  19. Leap for EducationSalem, MA

    For funding

    $25,000
  20. North Shore Community DevelopmentSalem, MA

    For funding

    $25,000
  21. Suffolk UniversityBoston, MA

    For funding

    $25,000
  22. City of LynnLynn, MA

    For funding

    $25,000
  23. Greater Lynn Senior ServicesLynn, MA

    For funding

    $25,000
  24. United WayBoston, MA

    For funding

    $25,000
  25. The Catholic Schools Foundation IncBoston, MA

    For funding

    $20,000
  26. Boston UniversityBoston, MA

    Scholarship

    $20,000
  27. Habitat Plus IncLynn, MA

    For funding

    $20,000
  28. Here Tomorrow IncNeptune Beach, FL

    For funding

    $20,000
  29. Transfiguration of Our Savior GreekLowell, MA

    For funding

    $20,000
  30. University of Illinois Urbana ChamChampaign, IL

    Scholarship

    $20,000
  31. La Vida ScholarsLynn, MA

    For funding

    $15,000
  32. Georgia Institute of TechnologyAtlanta, GA

    Scholarship

    $15,000
  33. New York UniversityNew York, NY

    Scholarship

    $15,000
  34. Purdue UniversityLafayette, IN

    For funding

    $15,000
  35. Raw Art WorksLynn, MA

    For funding

    $15,000
  36. University of PennsylvaniaPhiladelphia, PA

    Scholarship

    $15,000
  37. University of Texas at AustinAustin, TX

    Scholarship

    $15,000
  38. University of Wisconsin-MadisonMadison, WI

    Scholarship

    $15,000
  39. BridgewellPeabody, MA

    For funding

    $12,300
  40. CenterboardLynn, MA

    For funding

    $10,000
  41. Boston Firefighters Burn FoundationDorchester, MA

    For funding

    $10,000
  42. CenterboardLynn, MA

    For funding

    $10,000
  43. Chicago School of Professional PsycChicago, IL

    Scholarship

    $10,000
  44. Columbia Law SchoolNew York, NY

    Scholarship

    $10,000
  45. Emory UniversityAtlanta, GA

    Scholarship

    $10,000
  46. Haven ProjectLynn, MA

    For funding

    $10,000
  47. Massachusetts Institute of TechnoloCambridge, MA

    Scholarship

    $10,000
  48. Pathways Adut Education & TrainingLynn, MA

    For funding

    $10,000
  49. Raising A ReaderBoston, MA

    For funding

    $10,000
  50. Ruths WayEast Boston, MA

    For funding

    $10,000
  51. Texas A&MCollege Station, TX

    Scholarship

    $10,000
  52. The Salem PantrySalem, MA

    For funding

    $10,000
  53. Third Sector New EnglandBoston, MA

    For funding

    $10,000
  54. Yale UniversityNew Haven, CT

    Scholarship

    $10,000
  55. California Institute of TechnologyPasadena, CA

    Scholarship

    $5,000
  56. Care DimensionsDanvers, MA

    For funding

    $5,000
  57. Carnegie Mellon UniversityPittsburgh, PA

    Scholarship

    $5,000
  58. Casa MariposaSalem, MA

    For funding

    $5,000
  59. Cornell UniversityIthaca, NY

    Scholarship

    $5,000
  60. Fisher College of BusinessColumbus, OH

    Scholarship

    $5,000
  61. Florida Atlantic UniversityBoca Raton, FL

    Scholarship

    $5,000
  62. Florida International UniversityMiami, FL

    Scholarship

    $5,000
  63. Greek Orthodox Metropolis of BostonBrookline, MA

    For funding

    $5,000
  64. Harvard Business SchoolCambridge, MA

    For funding

    $5,000
  65. Harvard College FundCambridge, MA

    For funding

    $5,000
  66. Icahn School of Medicine at Mount SNew York, NY

    Scholarship

    $5,000
  67. Ladybug Love IncPeabody, MA

    For funding

    $5,000
  68. Loyola UniversityChicago, IL

    For funding

    $5,000
  69. Mission of Deeds IncReading, MA

    For funding

    $5,000
  70. Northshore Community CollegeDanvers, MA

    For funding

    $5,000
  71. Rennselaer Polytechnic InstituteTroy, NY

    Scholarship

    $5,000
  72. School of the Art Institute of ChicChicago, IL

    Scholarship

    $5,000
  73. Stony Brook UniversityStony Brook, NY

    Scholarship

    $5,000
  74. SUNY FredoniaFredonia, NY

    Scholarship

    $5,000
  75. University of Alabama at BirminghamBirmingham, AL

    Scholarship

    $5,000
  76. University of California Santa CruSanta Cruz, CA

    Scholarship

    $5,000
  77. University of CincinnatiCincinnati, OH

    Scholarship

    $5,000
  78. University of Illinois at ChicagoChicago, IL

    Scholarship

    $5,000
  79. University of MarylandMaryland, MD

    Scholarship

    $5,000
  80. University of PennsylvaniaPhiladelphia, PA

    Scholarship

    $5,000
  81. University of Texas at ArlingtonArlington, TX

    Scholarship

    $5,000
  82. University of UtahSalt Lake City, UT

    Scholarship

    $5,000

Approved for future payment

13 grants

Approved in 2025 and not yet paid.

  1. Boys and Girls Club of LynnLynn, MA

    For funding

    $400,000
  2. Gregg Neighborhood House AssociatioLynn, MA

    For funding

    $400,000
  3. Saint George Classical AcademyBoxford, MA

    For funding

    $400,000
  4. YMCA Metro NorthSaugus, MA

    For funding

    $400,000
  5. Transfiguration of Our Savior GreekLowell, MA

    For funding

    $80,000
  6. United WayBoston, MA

    For funding

    $75,000
  7. Camp Fire North ShoreLynn, MA

    For funding

    $66,666
  8. American College of GreeceBoston, MA

    For funding

    $50,000
  9. Community Action IncHaverhill, MA

    For funding

    $50,000
  10. CenterboardLynn, MA

    For funding

    $40,000
  11. Raw Art WorksLynn, MA

    For funding

    $30,000
  12. Pathways Adut Education & TrainingLynn, MA

    For funding

    $20,000
  13. The Salem PantrySalem, MA

    For funding

    $10,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education11 grants $160,00025% of the total
  2. Youth development2 grants $133,33421% of the total
  3. Religion2 grants $105,00016% of the total
  4. Community development2 grants $60,0009% of the total
  5. Human services2 grants $55,0008% of the total
  6. International aid1 grant $50,0008% of the total
  7. 5 other causes7 grants $85,00013% of the total

By State

Grants to organizations with a US address, latest year.

  1. Massachusetts44 grants $1,530,634
  2. California3 grants $110,000
  3. Florida5 grants $110,000
  4. New York8 grants $80,000
  5. District of Columbia1 grant $50,000
  6. Illinois5 grants $45,000
  7. Texas3 grants $30,000
  8. Georgia2 grants $25,000
  9. Pennsylvania3 grants $25,000
  10. Indiana1 grant $15,000

Officers, directors and trustees

11 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Thomas C Demakis EsqTREASURER Hours 0Pay $8,000
  • Gregory C Demakis EsqPRESIDENT Hours 0Pay $8,000
  • Paul C Demakis EsqDIRECTOR Hours 0Pay $8,000
  • Thomas L DemakisDIRECTOR Hours 0Pay $8,000
  • John N DemakisDIRECTOR Hours 0Pay $8,000
  • T Phillip ComenosDIRECTOR Hours 0Pay $8,000
  • Arthur KourkoulisDIRECTOR Hours 0Pay $8,000
  • Joanna DemakisDIRECTOR Hours 0Pay $8,000
  • Nicholas T ZervasDIRECTOR Hours 0Pay $2,000
  • Irene C DurosDIRECTOR Hours 0Pay $8,000
  • Christopher ScangasDIRECTOR Hours 0Pay $8,000

The return

More foundations

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Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

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  2. Berkshire Bank Foundation IncPittsfield, MA 478 grants Accepts applications $2,032,164 giving
  3. Egan Family Charitable FoundationBoston, MA 26 grants Preselected only $2,015,500 giving
  4. William E Schrafft and Bertha E Schrafft Charitable TrustBoston, MA 100 grants Accepts applications $2,156,000 giving
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