SNF Temporarily Pauses Submission of New Grant Requests for Projects in Greece
The Stavros Niarchos Foundation (SNF) announced that temporarily pauses submission of new grant requests for projects in Greece, “taking a step back in order to assess where we are and where we need to be going.”
Follows SNF’s announcement:
“The Stavros Niarchos Foundation (SNF) has evolved significantly since its birth in 1996. Over the last few years, as a result of factors including the severe socioeconomic crisis in Greece, SNF’s grant commitments in the home country of our late founder have increased many times over. Since the beginning, in addition to making grants around the world, the SNF has made grant commitments in Greece alone totaling $1.7 billion.
“We have launched and implemented a variety of grant initiatives in Greece significant both in terms of scope and of financial commitment. These include, among others, the Grants Against the Greek Crisis and Recharging the Youth, which respond, to the extent possible, to urgent needs in Greek society and provide hope for a better future. The Stavros Niarchos Foundation Cultural Center (SNFCC), the SNF’s largest single grant to date, was completed and donated to the Greek people by the Foundation during the same period of time, and SNF continues to provide significant financial support to the SNFCC.
“Additionally, ongoing major initiatives and new projects under consideration require extensive attention. These include the SNF Health Initiative; a recent grant to the Hellenic Fire Department; a potential grant to support the Greek National Opera in its international and domestic outreach efforts; a new grant to the Mobile Medical Units to help the organization expand access to its critical healthcare services to additional islands and numerous mainland locations; a grant for the completion of the renovation and expansion of the Greek National Gallery; a grant to the Hellenic Army Academy for the complete renovation of its five dormitory buildings and for the Academy’s educational programs; the launch of a new nonprofit organization, iMEdD, that will function as an incubator of new media ideas and endeavors; and a new initiative featuring targeted sports and wellness programs for young people in Greece...