The Stavros Niarchos Foundation in Athens has announced grants totaling €33.3 million ($37.7 million) in support of its core program areas and its ongoing response to the economic crisis in Greece.
Grants were awarded to a hundred and eleven nonprofit organizations around the world in the areas of arts and culture ($3.8 million), education ($14.86 million), health and sports ($11.23 million), and social welfare ($7.75 million). A number of the grants were awarded as part of the second cycle of the foundation's Initiative Against the Greek Crisis, which is aimed at alleviating the severe consequences of the country's socioeconomic crisis, and its Recharging the Youth program, which works to create opportunities for future generations. Recipients of those grants include the National Theatre of Greece, the Research Center for the Humanities, VisionSpring, and Antigone – Information And Documentation Center On Racism, Ecology, Peace And Non-Violence.
"Through its latest grants cycle, the Stavros Niarchos Foundation aims to provide substantial support to programs and organizations, which — regardless of the sector in which they operate — revolve around one common ground: they address the growing challenges that modern societies are called upon to face, as a whole," said SNF co-president Andreas Dracopoulos. "Our principal goal was — and still is — to support initiatives that will contribute to social development, both in Greece that is currently striving, as well as in the rest of the world, while creating the prerequisites for a better future for the generations to come."