x

Politics

Stavros Niarchos Foundation Donates $25 Million to Astoria’s St. Demetrios Day School

ASTORIA – The Stavros Niarchos Foundation (SNF) has donated $25 million to the St. Demetrios Cathedral Day School in Astoria. This donation will secure the School’s longterm survival and allow it to advance to a state-of-the-art educational institution with a Hellenic and Orthodox identity.

On October 30, SNF co-President Andreas Dracopoulos and Director of Programs and Strategic Initiatives Stelios Vasilakis visited the School, where they were warmly received by School Board President Nick Andtriotis, Principal Anastasios Koularmanis, Parish Council President Van Christakos, and St. Demetrios Presiding Priest Very Rev. Archimandrite Nektarios Papazafiropoulos.

Video by TNH/Costas Bej

Dracopoulos and Vasilakis expressed satisfaction for the progress the School has made as discussed in previous meetings, and more was discussed regarding additional steps scheduled so that this, the largest donation in the history of Hellenic Paideia in the United States would be completed. Dracopoulos said “there are no hidden agendas. Here we all have a common purpose to advance the School of St. Demetrios.”

Koularmanis said “we shouldn’t miss this opportunity.”

The funds, which Dracopoulos described as “not a donation, but an investment,” will go to bolster infrastructure, operations, and faculty personnel. To date, the School received about $500,000 of the pledged donation, which was used for improving specific infrastructure, and improving computer technology.

To date, the School received about $500,000 of the pledged donation, which was used for improving specific infrastructure, and improving computer technology.

Dracopoulos told The National Herald that “the funding will be immediate in the very near future and of course it will include the establishment of a Fund. We believe that in the next few months the entire donation of $25 million will be completed. This auspicious development is due to the efforts of the Foundation, the community, the church, Nick Andriotis, Anastasios Koularmanis, and all who were involved.” Vasilakis characterized the progress as “impressive.”

He said “big steps were made and great efforts from the people involved.” He said careful viability studies were made that allowed SNF to proceed with its donation to ensure the School’s future is secured. He said that as “the School is advancing to another level, it doesn’t lose its Hellenic identity and character.”

Koularmanis also noted that “the School remains Greek and it doesn’t lose its Greek-Orthodox character. He said “it wasn’t only Andreas Dracopoulos and Stelios Vasilakis, who believed in the School’s potential. Prior to them an independent company was hired and did a thorough study and its officials recognized the value of St. Demetrios. SNF’s donation guarantees that the School will remain open for many generations to come.”

Andriotis called the donation the “best gift” just in time for the school’s 40th graduation next year. He praised Dracopoulos’ vision for the School’s new age. “Mr. Dracopoulos played the most important role. He visited our School for the first time many years ago.. Since then, he showed his interest in a practical way, and today’s meeting produced the outcome that in a few days or weeks the process will be completed and the funds will be deposited to a proper organization that will manage the endowment fund.”

 

RELATED

An ethnic Greek jailed in Albania after being elected Mayor of the seaside town of Himare said Prime Minister Edi Rama is behind it and controls the courts who sentenced him over the protests of Greece.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Immigrant Families Rejoice over Biden’s Expansive Move Toward Citizenship, While Some are Left Out

HOUSTON (AP) — Hundreds of thousands of immigrants had reason to rejoice when President Joe Biden unveiled a highly expansive plan to extend legal status to spouses of U.

AUSTIN, TX - There’s big sandwiches and then there’s those served at Joey Polychronis’ Atlas Sandwich Company in the college town of Austin, Texas, served from his food truck and offering a Greek take on traditional sandwiches untraditional.

WASHINGTON (AP) — Human-caused climate change dialed up the thermostat and turbocharged the odds of this month's killer heat that has been baking the Southwestern United States, Mexico and Central America, a new flash study found.

ATHENS - Greece’s railway system, whose safety flaws were exposed in a February 2023 train wreck that killed 57, still is a danger to passengers because the government hasn’t yet installed systems designed to reduce the risks, the Union of Train Drives (PEPE) said.

ATHENS - Noted criminal lawyer Apostolos Lytras, whose release from detention after he admitted savagely beating his wife - also his law partner - drew outrage, turned himself in to police to face charges of sending her threatening text messages.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.