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EIN 04-6130871

Gerondelis Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Lynn
State
Massachusetts
Year formed
1993
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Gerondelis Foundation is a private foundation located in Lynn, MA that supports organizations within the Metro North region. Last year, they made 65 grants to various organizations, including the YMCA Metro North. The trustees are Thomas C Demakis Esq, Gregory C Demakis Esq, and Paul C Demakis Esq.
Total revenues
$2,156,758
2023
Total expenses
$1,914,363
2023
Total assets
$6,860,777
2023
Num. employees
0
2023

Grants made by Gerondelis Foundation

GranteeGrant descriptionAmount
American College of Greece (ACG)For Funding$50,000
North Shore Community Development CoalitionFor Funding$50,000
Lynn Economic Opportunity (LEO)For Funding$50,000
...and 28 more grants made totalling $592,500

Personnel at Gerondelis Foundation

NameTitleCompensation
Gregory C DemakisPresident$8,000

Financials for Gerondelis Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$44,006
Net rental income$2,067,918
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$44,834
Total revenues$2,156,758

Form 990s for Gerondelis Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-21990PFView PDF
2022-122023-07-27990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-07-20990PFView PDF
2019-122021-06-14990PFView PDF
...and 8 more Form 990s
Data update history
August 26, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 7, 2022
Posted financials
Added Form 990PF for fiscal year 2019
October 10, 2021
Posted financials
Added Form 990PF for fiscal year 2020
March 3, 2021
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
56 Central Ave Ste 201
Lynn, MA 01901
Metro area
Boston-Cambridge-Newton, MA-NH
County
Essex County, MA
Phone
(781) 595-3311
IRS details
EIN
04-6130871
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1993
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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