2014-11-17T16:29:08-06:00 2013-12-31 MITCHELL & TITUS LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2013-01-01 455301968 Hellenic Initiative Inc C/O Kirkland & Ellis LLP % NICK TSISMENAKIS/C/O MY STRA HELL 2128988721 655 Fifteenth ST NW Suite Washington DC 200055793 George P Stamas Co-President 2129093239 2014-11-17 true FREDERICK DAVIS P00446023 2129093239 2013 2015-11-30 17:44:51Z George P Stamas 601 Lexington Ave Floor 35 New York NY 10022 3590924 false X www.thehellenicinitiative.org X 2012 DE Hellenic Initiative, Inc. was formed to undertake charitable and humanitarian acts and services in Greece. 32 32 0 33 0 1401395 3424768 0 0 -2196 8890 0 -178201 1399199 3255457 0 861000 0 0 0 0 0 20000 24542 66981 165769 66981 1046769 1332218 2208688 1416568 3896857 66981 309502 1349587 3587355 X THE HELLENIC INITIATIVE (THI) IS A GLOBAL, NON-PROFIT, NON-GOVERNMENTAL SECULAR INSTITUTION WHOSE VISION, THROUGH THE GENEROSITY OF THE GREEK DIASPORA AND PHILHELLENE COMMUNITY, IS TO PROVIDE CRITICAL PRAGMATIC ENCOURAGEMENT AND FINANCIAL SUPPORT TO SUSTAIN ORGANIZATIONS AND PROGRAMS THAT INSPIRE BUSINESS DEVELOPMENT TO EMPOWER THE GREEK PEOPLE TO STRENGTHEN THEIR NATION'S LONG TERM PROSPERITY. true false 156000 156000 0 PRAKSIS - Antipoverty campaign 300000 300000 0 International Orthodox Christian Charities (IOCC) - Greek Fresh Food Project 10000 10000 0 TiE Global - Greece Start-Up Boot Camp for Hellenic entrepreneurs 195000 195000 0 ASHOKA 135000 200000 0 SOS Children's Villages Greece 36995 0 994 OTHER 431995 395000 994 897995 true true false false false false false false false false false false false false false true true false false true true true false true true false false false false false false false false false false false false false true false false false false false false false false true 1 0 0 false false false false false true true false false false false X 32 32 false false false false false false false true true false false false true true true false false false false false NY X NICK TSISMENAKISCO MY STRA 5162408400 377 OAK ST 4TH FLOOR Garden City NY 11530 X X George P Stamas Co-Founder 15.0 0.0 X 0 0 0 Andrew Liveris Co-Founder 1.0 0.0 X 0 0 0 George A David Co-Founder 1.0 0.0 X 0 0 0 Muhtar Kent Co-Founder 0.5 0.0 X 0 0 0 John Pappajohn Board Member 1.0 0.0 X 0 0 John Koudounis Board Member 0.5 0.0 X 0 0 0 Nicholas Lazares Board Member 1.0 0.0 X 0 0 0 George Sakellaris board Member 0.5 0.0 X 0 0 0 George Svokos Board Member 1.0 0.0 X 0 0 0 Harry Wilson Board Member 0.5 0.0 X 0 0 0 Achilles Constantakopoulos Board Member 0.5 0.0 X 0 0 0 Dean Dakolias Board Member 1.0 0.0 X 0 0 0 GEORGE M LOGOTHETIS BOARD MEMBER 1.0 0.0 X 0 0 0 DENNIS MEHIEL BOARD MEMBER 2.0 0.0 X 0 0 0 ALEXANDER NAVAB BOARD MEMBER 1.0 0.0 X 0 0 0 MARIA ALLWIN BOARD MEMBER 0.5 0.0 X 0 0 0 DOUGLAS BAND BOARD MEMBER 0.5 0.0 X 0 0 0 DRAKE BEHRAKIS BOARD MEMBER 1.0 0.0 X 0 0 0 ARIS CANDRIS BOARD MEMBER 0.5 0.0 X 0 0 0 JEREMY DOWNWARD BOARD MEMBER 2.0 0.0 X 0 0 0 ARIANNA HUFFINGTON BOARD MEMBER 0.5 0.0 X 0 0 0 CONSTANTINE KARIDES BOARD MEMBER 1.0 0.0 X 0 0 0 DECLAN KELLY BOARD MEMBER 0.5 0.0 X 0 0 0 AMB ELENI KOUNALAKIS BOARD MEMBER 0.5 0.0 X 0 0 0 TED LEONSIS BOARD MEMBER 0.5 0.0 X 0 0 0 GEORGE MARCUS BOARD MEMBER 0.5 0.0 X 0 0 0 PANOS MARINOPOULOS BOARD MEMBER 0.5 0.0 X 0 0 0 CORINNE MENTZELOPOULOS BOARD MEMBER 1.0 0.0 X 0 0 0 NICK MITAROS BOARD MEMBER 0.5 0.0 X 0 0 0 NIKOS MOUYIARIS BOARD MEMBER 1.0 0.0 X 0 0 0 NICHOLAS G PAPPAS BOARD MEMBER 0.5 0.0 X 0 0 0 OLGA J TSUNIS BOARD MEMBER 0.5 0.0 X 0 0 0 MYLES PRESLER INTERIM CEO 40.0 0.0 X 0 0 0 0 0 0 0 false false false 0 1651778 1772990 25444 3424768 0 8890 8890 0 0 0 0 0 0 156272 1651778 335467 -179195 -179195 0 0 OTHER INCOME 900099 994 994 994 3255457 994 -170305 0 0 861000 861000 0 0 0 0 0 0 0 0 0 30000 30000 0 20000 20000 0 81972 36995 44977 0 0 9969 9969 0 0 0 11943 11943 0 0 0 0 18064 18064 0 OPERATIONS 1018 1018 OTHER EXPENSES 12803 8261 4542 1046769 897995 124232 24542 1146491 1873240 0 0 252708 449000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1525200 0 0 0 0 17369 36127 0 13290 1416568 3896857 66981 39502 0 270000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 66981 309502 X 1349587 3462355 0 125000 0 0 1349587 3587355 1416568 3896857 2208688 -7742 36822 X false true X true false X 0 0 0 1401395 3424768 4826163 0 0 0 0 0 1401395 3424768 4826163 0 4826163 2 8890 8892 0 994 994 4836049 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 4462113 -7742 1035203 179195 1206656 3255457 3255457 2224345 998381 179195 1177576 1046769 1046769 FORM 990, Schedule D, Part X, Line 2 - FIN48 FOOTNOTE U.S. GAAP requires management to evaluate uncertain tax positions taken by the Corporation. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Corporation and has concluded that as of December 31, 2013, there were no uncertain positions taken or expected to be taken. The Corporation has recognized no interest or penalties related to uncertain tax positions. The Corporation is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. Form 990, Schedule D, Part XI & XII, Line 2d Fundraising direct expenses - $ 179,195 true Europe (Including Iceland and Greenland) 1 Grantmaking 861000 1 1 861000 861000 Europe (Including Iceland and Greenland) Start-up boot camp sponsorship 10000 Europe (Including Iceland and Greenland) Fresh food aid program 300000 Europe (Including Iceland and Greenland) social and medical support 156000 Europe (Including Iceland and Greenland) Food aid and Psychological support 200000 Europe (Including Iceland and Greenland) promote social entrepreneurship 195000 5 0 false false false false false false Form 990, Schdeuld F, Part I, Line 2 THI has contracted a Program Director on the ground in Greece who is responsible overseeing the distribution of the grants properly. Depending on the agreement with the specific NGO in Greece, we receive monthly and quarterly reports explaining the expenses with receipts, and whether or not the number of people served has been met. Our grants are performance based, meaning that if specific criteria are not met, subsequent awards is not granted. X X X X X true Poulos Brothers Inc 236 Encore Blvd Eastport NY 11941 see Part IV false 1808050 20000 1788050 1808050 20000 1788050 NY banquet 1808050 1651778 156272 156272 179195 0 1808050 1651778 156272 156272 179195 335467 -179195 Schedule G, Part I, Line 2b, Col (ii) Fundraiser activities - Peter Poulos assisted in developing major donors target list as well as soliciting these targets through mail, email, and telephone. X 726 25444 Selling Price false false false Form 990, Part III, LINE 2 SOS Children's Villages Greece - Fresh food aid program to Greek families as well as special education, psychological and welfare services, protective services, foster care, preventative services for abused children. Form 990, Part VI, Line 12c BOARD MEMBERS ARE REQUIRED TO DISCLOSE ALL CONFLICTS OF INTEREST AS THEY ARISE, INCLUDING IF A CONFLICT IS EQUIVOCAL. THE CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL NEW BOARD MEMBERS. BOARD MEMBERS SHALL NOT PARTICIPATE IN THE DECISION OF ANY MATTER IN WHICH THEY MAY HAVE A CONFLICT OF INTERST; NOR SHALL THEY PARTICIPATE IN THE DISCUSSION OF SUCH A MATTER UNLESS THE NATURE OF THE CONFLICT HAS FIRST BEEN DISCLOSED to the OTHER PARTICIPANTS IN THE DISCUSSION. THE USUAL PROCEDURE SHOULD BE THAT THE MEMBER AFFECTED BY THE CONFLICT OF INTEREST ANNOUNCES THE EXISTENCE OF THE CONFLICT AND THE MINUTES REFLECT THE FACT THAT THE MEMBER DID NOT PARTICIPATE IN THE DECISION OF THE MATTER, NOR IN THE DISCUSSION, IF THAT BE THE CASE. MINUTES REFLECT THE FACT THAT THE MEMBER DID NOT PARTICIPATE IN THE DECISION OF THE MATTER, NOR IN THE DISCUSSION, IF THAT BE THE CASE. Form 990, Part VI, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AS REQUESTED AND ARE PROVIDED VIA MAIL OR ELECTRONIC COPY AS APPROPRIATE.