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John Niamas Scholarship Fund is a private trust based in BANGOR, ME. The foundation received its IRS ruling in 1995. The principal officer is Advest Bank. It holds total assets of $536K. Annual income is reported at $58K. Total assets have grown from $380K in 2011 to $547K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, John Niamas Scholarship Fund has made 3 grants totaling $95K, with a median grant of $32K. The foundation has distributed between $27K and $36K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $36K distributed across 1 grants. Individual grants have ranged from $27K to $36K, with an average award of $32K. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
John Niamas Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 3 grants.
John Niamas Scholarship Fund has distributed a total of $95K across 3 grants. The median grant size is $32K, with an average of $32K. Individual grants have ranged from $27K to $36K.
John Niamas Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
John Niamas Scholarship Fund is headquartered in BANGOR, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bangor Savings Bank | CO-TRUSTEE | $4K | $0 | $4K |
| Lazardous C Vandis Dmd | DO-TRUSTEE | $0 | $0 | N/A |
| Athanasios A Mayiakas | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$39K
Total Assets
$547K
Fair Market Value
$654K
Net Worth
$547K
Grants Paid
$32K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$31K
Total: $513K
Total Grants
3
Total Giving
$95K
Average Grant
$32K
Median Grant
$32K
Unique Recipients
1
Most Common Grant
$27K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Niamas Greek Scholarship CommitteeSCHOLARSHIP | Thessaloniki | $32K | 2023 |