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Also known as: FOUNDATION INC
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Petros And Marina Sabatacakis Foundation Inc. is a private corporation based in EAST HAMPTON, NY. The foundation received its IRS ruling in 2005. The principal officer is Petros Sabatacakis. It holds total assets of $724K. Annual income is reported at $114K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York, Arizona and District of Columbia. According to available records, Petros And Marina Sabatacakis Foundation Inc. has made 33 grants totaling $523K, with a median grant of $300. Annual giving has grown from $72K in 2020 to $107K in 2023. Grantmaking activity was highest in 2022 with $344K distributed across 18 grants. Individual grants have ranged from N/A to $150K, with an average award of $16K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in New York, Arizona, District of Columbia, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$150
Median Grant
$300
Average Grant
$19K
Largest Grant
$150K
Based on 9 grants from the most recent 990-PF filing.
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.
Petros And Marina Sabatacakis Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in NY, AZ, DC.
Petros And Marina Sabatacakis Foundation Inc. has distributed a total of $523K across 33 grants. The median grant size is $300, with an average of $16K. Individual grants have ranged from N/A to $150K.
Petros And Marina Sabatacakis Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Petros And Marina Sabatacakis Foundation Inc. is headquartered in EAST HAMPTON, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Petros Sabatacakis | President | $0 | $0 | N/A |
| Marina Sabatacakis | Secretary/Treas | $0 | $0 | N/A |
| Lanny A Oppenheim | Director | $0 | $0 | N/A |
Total Giving
$115K
Total Assets
$789K
Fair Market Value
$742K
Net Worth
$789K
Grants Paid
$107K
Contributions
N/A
Net Investment Income
$48K
Distribution Amount
$36K
Total: $782K
Total Grants
33
Total Giving
$523K
Average Grant
$16K
Median Grant
$300
Unique Recipients
12
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trustees Of Athens College In GreecGENERAL CHARITABLE PURPOSES | New York, NY | $100K | 2023 |
| The Mint Theater Company IncGENERAL CHARITABLE PURPOSES | New York, NY | $3K | 2023 |
| Americas VetdogsGENERAL CHARITABLE PURPOSES | Smithtown, NY | $3K | 2023 |
| New York Public RadioGENERAL CHARITABLE PURPOSES | New York, NY | $300 | 2023 |
| Friends Of Public Radio ArizonaGENERAL CHARITABLE PURPOSES | Tempe, AZ | $250 | 2023 |
| Wshu Public RadioGENERAL CHARITABLE PURPOSES | Fairfield, CT | N/A | 2023 |
| Roundabout Theater CompanyGENERAL CHARITABLE PURPOSES | New York, NY | $15K | 2022 |
| Evelyn Alexander Wildlife Rescue CenterGENERAL CHARITABLE PURPOSES | Hampton Bays, NY | $3K | 2022 |
| Paralyzed Veterans Of AmericaGENERAL CHARITABLE PURPOSES | Washington, DC | $150 | 2022 |
| Wliw21 New York Public MediaGENERAL CHARITABLE PURPOSES | New York, NY | $150 | 2022 |
| Thirteen WnetGENERAL CHARITABLE PURPOSES | New York, NY | $150 | 2022 |
| Paws Of WarGENERAL CHARITABLE PURPOSES | Nesconset, NY | $100 | 2020 |