Stavros Niarchos Foundation
The Stavros Niarchos Foundation was established in 1996 to honor Greek shipping magnate Stavros Niarchos (1909-1996). Niarchos was one of the world's largest transporters of oil and owned the largest supertanker fleet of his time. Organization. The foundation's board of directors includes: The foundation has staff in Athens, Greece; Monte Carlo, Monaco; and New York City, New York, United States. Since 1996, the Stavros Niarchos Foundation has provided more than 4,700 grants totaling more than $3 billion to non-profit agencies. SNF announced a $100 million global initiative to help alleviate the  effects of the COVID-19 pandemic in April 2020. In 2012, in response to the socio-economic crisis in Greece, SNF announced a grant initiative of additional $130 million (€100 million) over three years to help ease the adverse effects of the deepening crisis. A new initiative, Recharging the Youth, was announced in 2013 to help create new opportunities for Greece's younger generations and committed an additional $130 million (€100 million). Upon the completion of the first phase of the program against the Greek Crisis, a second phase was introduced in June 2015, announcing the allocation  of another $112 million (€100 million), intensifying the efforts against the ongoing crisis in Greece and providing immediate support to the most vulnerable groups of society. SNF's grants include: