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← ENDOWMENT FUND FOR ORTHODOX MISSIONS

Form 990 for tax year 2024

Filed by ENDOWMENT FUND FOR ORTHODOX MISSIONS.

Totals

Total revenue
$43,665
Total expenses
$41,512
Contributions and grants received
$30,200
Grants paid
$29,500
Program service revenue
$7,016
Investment income
$6,449
Other revenue
$0
Total assets, end of year
$580,985
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$580,985
Program services expenses (Part IX)
$38,972
Management and general expenses
$2,450
Fundraising expenses
$90
Program service expenses (Part III)
$38,972

Program services were 93.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $30,200

  • 2a · Program service revenue: INCREASE LIFE INS CSV

    total $7,016 · excluded $7,016

  • 3 · Investment income

    total $1,559 · excluded $1,559

  • 7a · Gross sales of assets other than inventory

    securities $10,692

  • 7b · Less cost or other basis and sales expenses

    securities $5,802

  • 7c · Gain or loss

    securities $4,890

  • 7d · Net gain or loss

    total $4,890 · excluded $4,890

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $29,500 · program services $29,500

  • 11c · Fees: accounting

    total $2,450 · management and general $2,450

  • 23 · Insurance

    total $475 · program services $475

  • 24a · Other expenses: LIFE INSURANCE PREMIUMS

    total $8,944 · program services $8,944

  • 24b · Other expenses: STATE REGISTRATION FEES

    total $90 · fundraising $90

  • 24c · Other expenses: BANK SERVICE CHARGE

    total $53 · program services $53

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $16,871 · end of year $17,808

  • 11 · Investments: publicly traded securities

    beginning of year $61,037 · end of year $64,774

  • 15 · Other assets

    beginning of year $491,386 · end of year $498,403

  • 31 · Retained earnings, endowment or other funds

    beginning of year $569,294 · end of year $580,985

Mission and programs · 2024

Mission

PROVIDE FINANCIAL ASSISTANCE TO STUDENTS AND PROFESSORS OF MISSIONS OF THE HOLY CROSS GREEK ORTHODOX SCHOOL OF THEOLOGY INC IN BROOKLINE, MASSACHUSETTS AND ASSISTANCE TO GREEK ORTHODOX MISSIONS AS STATED IN THE ORGANIZATION'S BYLAWS.

  • THE ENDOWMENT FUND FOR ORTHODOX MISSIONS PROVIDES FINANCIAL ASSISTANCE TO STUDENTS AND PROFESSORS OF MISSIONS OF THE HOLY CROSS GREEK ORTHODOX SCHOOL OF THEOLOGY, INC. IN BROOKLINE, MASSACHUSETTS. IN APRIL 2010, 1,000,000 WAS CONTRIBUTED TO THE HELLENIC COLLEGE/HOLY CROSS GREEK ORTHODOX SCHOOL OF THEOLOGY TO ESTABLISH THE MISSIONS INSTITUTE OF CHRISTIAN ORTHODOXY WITHIN THAT ENTITY, WITH THE PURPOSE OF FURTHER PROMOTING THE GOALS OF THE ENDOWMENT FUND FOR ORTHODOX MISSIONS.

    Expenses $38,972 · Grants $29,500 · Revenue $7,016

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Helen Nicozisis

    PRESIDENT/TR

    Total calculated
    $0
    Hours/week
    2
  • Fr Luke Veronis

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    0.25
  • Pearl Veronis

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
3 June 2025
IRS schema version
2024v5.0
Source object
202531679349300608

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