Pancretan Endowment Fund
- Assets
- $560.7k
- Revenue
- $17.3k
- Investments
- $554.4k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/1990
- Data as of
- 12/2023
- EIN
- 36-3685805
Organization Overview
Pancretan Endowment Fund is located in Chicago, IL. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pancretan Endowment Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Pancretan Endowment Fund generated $17.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $29.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Pancretan Endowment Fund has awarded 19 individual grants totaling $285,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PANCRETAN ENDOWMENT FUND PEF ESTABLISHES EDUCATIONAL PROGRAMS SUMMER COURSES INTERNSHIPS SEMINARS AND BI-LATERAL STUDENT EXHANGE PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Giannoulias Chairman | 15 | $0 | |
John Kypriotakis Treasurer | 2 | $0 | |
Olga Panagakis Secretary | 2 | $0 | |
Penelope Theodorakis Trustee | 2 | $0 | |
Maria Lialios Vavourakis Trustee | 2 | $0 | |
Tony Gianoulis Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $12,274 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,996 |
| Capital Gain Net Income | $4,996 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,273 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $619 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $3,694 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $29,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,321 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $560,725 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Pancretan Endowment Fund has awarded $26,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TECHNICAL UNIVERSITY OF CRETE PURPOSE: EDUCATIONAL | $18,000 |
MEDICAL SCHOOL UNIVERSITY OF CRETE PURPOSE: EDUCATIONAL | $8,000 |