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Gerondelis Foundation Inc.


Last Updated: 2016-07-27

At A Glance

Gerondelis Foundation Inc.

56 Central Ave., Ste. 201

Lynn, MA United States 01901-1112

Telephone: (781) 595-3311

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $27,319,522

Total giving: $1,068,200






Established in 1966 in MA

Purpose and Activities

Giving primarily for higher education and for educational scholarships to students who are of at least one-fourth Greek lineage, reside or attend school in Essex County, MA, rank in the upper 15 percent of their class or have achieved a combined verbal math score of at least 1200 on the SAT I test, and officially be admitted to a 4-year college or university.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Scholarships to Essex County, MA, high school graduates who are of at least one half Greek descent and rank in the top 15 percent of their classes.

Fields of Interest

  • Education
  • Higher education
  • University education
International Interests
  • Greece
Population Groups
  • Academics
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $27,319,522 (market value)

Expenditures: $1,348,847

Total giving: $1,068,200

Qualifying distributions: $1,183,164