Saturday, May 25, 2024

      Subscribe Now!


GreeceBusinessStavros Niarchos Foundation:  Grant Initiative Totaling Over $238 million to Further Enhance...

Stavros Niarchos Foundation:  Grant Initiative Totaling Over $238 million to Further Enhance and Upgrade Greece’s Health Sector

Hellenic News
Hellenic News
The copyrights for these articles are owned by HNA. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of HNA and its representatives.

Latest articles


ATHENS, September 6, 2017 – At the initiative of the Stavros Niarchos Foundation (SNF), and in close co-operation with the Greek Ministry of Health, the SNF announced today its intention to proceed with major grants to support the Health sector in Greece with an initial budget expected to exceed $238 million.

Following discussions between the two parties, the Ministry of Health indicated to the SNF the most pressing, prioritized, needs of the Greek Health sector and the SNF intends to undertake the task of fully funding the following projects.

The new grants include, primarily, four major interventions throughout the country. However, the main projects outlined below are expected to be complemented by additional upgrades in existing hospital services, new medical equipment and education-related projects, all relevant to the Health sector, and following further consultation with the Ministry.

The core projects include the following:

Thanks for reading Hellenic News of America
  • The construction and outfitting of a new building for the General Hospital of Komotini

It is one of the oldest hospitals in Greece, with equally old infrastructure.


  • The construction and outfitting of a Children’s Hospital in Thessaloniki

The establishment of a Pediatric Hospital in Thessaloniki, in response to the decades-long need of the population in the wider region, will act as a major health service and treatment hub for the whole of Northern Greece and Thessaly.


  • The reconstruction and complete outfitting of the Nursing Sisters’ building at Evangelismos Hospital, with the purpose of operating as the Chair of the University’s Faculty of Nursing.


  • Strengthening the capability and efficiency of the National Center for Emergency Care’s (EKAV) air ambulance services, with the aim of achieving comprehensive coverage of the entire country. The grant initially focuses on the procurement of 2 new helicopters and the repair/upgrade of the older ones. This particular grant comes as an addition to a previous SNF grant to EKAV, currently under implementation, which covers, among others, the procurement of 143 state-of-the-art ambulances as well as their full service and maintenance for a period of 8 years and the digital upgrade of its operations center, totaling $14.5 million.

The Co-President of the SNF, Mr. Andreas Dracopoulos, stated: “With the recent completion of the Stavros Niarchos Foundation Cultural Center (SNFCC) and its delivery to Greek society, which has already embraced it, and while we never ceased—not even for a moment—our regular grant making activities in Greece and internationally all these years, we have decided to embark on a new grant initiative, this time focusing on the crucial sector of Health, which is a fundamental pillar of our society. As our experience from the development of the SNFCC has proven, with this new grant initiative for the support of the Greek Health sector, we are looking forward to the multiple benefits that a transparent collaboration between the private and public sector has to offer, especially when it concerns a philanthropic cause.  The construction of the General Hospital in Komotini is, on its own merit, a project of national significance. The importance of the establishment of a Children’s Hospital in Thessaloniki is self-evident. Health and education, as exemplified by the establishment of the Chair of the University’s Faculty of Nursing in Evangelismos hospital, are the foundation for every advanced society. The reinforcement of EKAV’s fleet with new and upgraded helicopters will provide national coverage, with enhanced speed and accuracy. We believe that, with the completion of the above grants, as well as with other infrastructure and education projects in the Health sector, which will in time complement the initiative that begins today, in addition to the hundreds of grants the SNF has already carried out in previous years in Greece, citizens and visitors of Greece will feel even more part of a true Social Welfare Society.”

Since 1996, when the SNF began its grant making activity, the SNF has provided grants totaling $149 million for the support of the Greek Health sector.

With the completion of the SNFCC and its delivery to Greek society, as well as with the continued support of the SNFCC for the next five years, which includes support of the organizations relocated there (Greek National Opera, National Library of Greece) through a grant totaling nearly $914 million, which was developed around the pillar of Culture, the SNF’s new initiative for the upgrade of Health in Greece, which is expected to exceed $238 million, is the second largest single grant of the Foundation to date.

In Greece, other significant grants of the SNF include the two Initiatives Against the Greek Crisis (totaling $242 million), as well as the Initiative for Recharging the Youth (totaling $136 million). These initiatives have almost been completed, contributing significantly to the crucial work implemented on the ground by several worthwhile organizations.

At the same time, the SNF continues to support, through its grant making activity, various projects and programs throughout Greece and internationally, placing equal emphasis on the initiatives of small groups with a local impact, as well as on larger-scale efforts of well-established national and international organizations that seek to bring about long-lasting, positive changes for society, at large.

During the preparation and implementation stages of these new grants, the SNF will continue—as it always does—to engage in an open dialogue with the general public, via its website, and through its social media accounts on  Facebook and on Twitter.

About the Stavros Niarchos Foundation

The Stavros Niarchos Foundation [(SNF) (] is one of the world’s leading private, international philanthropic organizations, making grants in the areas of arts and culture, education, health and sports, and social welfare. Since 1996, and taking into consideration the SNF’s intention to further support the Health sector in Greece with a series of infrastructure and education projects, the SNF will have committed more than $2.4 billion, through almost 4,000 grants to nonprofit organizations in 113 nations around the world. The Foundation funds organizations and projects that are expected to achieve a broad, lasting and positive impact for society at large, and exhibit strong leadership and sound management. The Foundation also supports projects that facilitate the formation of public-private partnerships as an effective means for serving public welfare.

In addition to its standard grants, the SNF has continued to respond to the urgent needs of Greek society, by providing relief against the severe effects of the socioeconomic crisis through three major grant initiatives of $378 million, which have almost been completed.

The Foundation’s largest single gift is the Stavros Niarchos Foundation Cultural Center (SNFCC), in Athens. The project’s total cost is $861 million. The SNFCC is designed by the renowned architectural firm Renzo Piano Building Workshop, and includes the new facilities of the National Library of Greece, and Greek National Opera, as well as the Stavros Niarchos Park. The Center was delivered to the Greek Society on February 23rd, 2017. Following the handover, the SNF announced its commitment to continue supporting the SNFCC for the next five years, through grants totaling up to $53 million. The grants support the implementation of public programming and help cover part of SNFCC’s operational costs. All events funded with SNF support are free to the public.


The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

Get Access Now!