Civic Intelligence

Ecumenical Patriarch Bartholomew Foundation

EIN 83-3599880 • 501(c)3 • New York, NY

Profile

To support the patriarchate of constantinople and its religious, educational and philanthropic institutions.

8 East 79th StreetNew York, NY 10075

bartholomew.foundation

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

11th percentile

0.01x

Higher debt load relative to revenue than 11% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

82nd percentile

20%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

75%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$24,051,295

Up $3,976,872 (+20%) from 2023

Liabilities

Up

$42,933

Up $1,323 (+3.2%) from 2023

Net Assets

Up

$24,008,362

Up $3,975,549 (+20%) from 2023

Operations
Liabilities / Revenue11th percentileNet Margin97th percentile

Revenue

Up

$3,786,770

Up $1,617,642 (+75%) from 2023

Expenses

Up

$554,764

Up $320,846 (+137%) from 2023

Net Income

Up

$3,232,006

Up $1,296,796 (+67%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2020: $1,558,564Liabilities 2020: $17,500Net Assets 2020: $1,541,0642020Assets 2021: $17,813,813Liabilities 2021: $55,000Net Assets 2021: $17,758,8132021Assets 2022: $17,272,842Liabilities 2022: $55,042Net Assets 2022: $17,217,8002022Assets 2023: $20,074,423Liabilities 2023: $41,610Net Assets 2023: $20,032,8132023Assets 2024: $24,051,295Liabilities 2024: $42,933Net Assets 2024: $24,008,3622024

Highlighted filing

2024

Assets$24,051,295
Liabilities$42,933
Net Assets$24,008,362
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0Revenue 2020: $1,558,564Expenses 2020: $17,500Net Income 2020: $1,541,0642020Revenue 2021: $16,309,489Expenses 2021: $91,740Net Income 2021: $16,217,7492021Revenue 2022: $2,576,486Expenses 2022: $214,638Net Income 2022: $2,361,8482022Revenue 2023: $2,169,128Expenses 2023: $233,918Net Income 2023: $1,935,2102023Revenue 2024: $3,786,770Expenses 2024: $554,764Net Income 2024: $3,232,0062024

Highlighted filing

2024

Revenue$3,786,770
Expenses$554,764
Net Income$3,232,006
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,051,295
Liabilities
$42,933
Net assets
$24,008,362
Revenue
$3,786,770
Expenses
$554,764
Net income
$3,232,006
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.1$0.04$24.0$3.79$0.55$3.23
2023Detailed filing. Detailed filing data is available for this year.$20.1$0.04$20.0$2.17$0.23$1.94
2022Detailed filing. Detailed filing data is available for this year.$17.3$0.06$17.2$2.58$0.21$2.36
2021Detailed filing. Detailed filing data is available for this year.$17.8$0.06$17.8$16.3$0.09$16.2
2020Detailed filing. Detailed filing data is available for this year.$1.56$0.02$1.54$1.56$0.02$1.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$7,449,666
Mission and Program Overview

Mission

To support the patriarchate of constantinople and its religious, educational and philanthropic institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,642,806$16,103,041▲ $5,460,235
Pledges and Grants Receivable$7,781,298$7,191,661▼ $589,637
Cash and Non-Interest-Bearing Accounts$1,650,319$740,273▼ $910,046
Prepaid Expenses and Deferred Charges-$2,090-
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$20,074,423$24,051,295▲ $3,976,872
Other Assets Total$0$14,230▲ $14,230
Liabilities
Accounts Payable and Accrued Expenses$41,610$42,933▲ $1,323
Other Liabilities$0$0→ $0
Total Liabilities$41,610$42,933▲ $1,323
Net Assets / Fund Balance
Net Assets With Donor Restrictions$20,032,813$24,008,362▲ $3,975,549
Total Net Assets Fund Balance$20,032,813$24,008,362▲ $3,975,549
Total Liabilities and Net Assets / Fund Balance$20,074,423$24,051,295▲ $3,976,872

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$0---$0
2023$0---$0
2022$0---$0
2021$0---$0
2020$0---$0
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Anthony J Limberakis MdChair
George E SafiolVice Chair
Aphrodite SkeadasBoard Member
Archbishop ElpidophorosBoard Member
Carl R HollisterBoard Member
Chirstopher Stratakis EsqBoard Member
FR ALEXANDER KarloutsosBoard Member
Frank D CatrickesBoard Member
Hon B Theodore BozonelisBoard Member
John S KoudounisBoard Member
John a CatsimatidisBoard Member
Maria AllwinBoard Member
Markos K LagosBoard Member
Michael G PsarosBoard Member
Thomas E Constance EsqBoard Member
Thomas S Cappas EsqBoard Member
Andreas D Comodromos CPAAssistant Treasurer
Peter Kakoyiannis EsqSecretary
Chris E Tsamutalis CPATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,260,114
Program Service Revenue
$0
Investment Income
$526,656
Other Revenue
$0
All Other Contributions
$3,260,114
Change in Net Assets
$3,232,006

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,702,307
Revenue Not Reported on Financial Statements
$84,463
Revenue Not Reported on Form 990
$912,686
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$4,614,993
Total Revenue per Form 990
$3,786,770
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$354,764
Grants and Similar Amounts Paid$200,000
Total Fundraising Expense$106,716
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$200,000--$200,000
Advertising--$105,655$105,655
Fees for Services Accounting-$98,218-$98,218
Fees for Service Investment Mgmnt Fees-$84,463-$84,463
Fees for Services Other$0$36,000$0$36,000
Office Expenses-$21,867$1,061$22,928
Fees for Services Legal-$7,500-$7,500
Total Functional Expenses$200,000$248,048$106,716$554,764

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$639,444
Total Expenses per Form 990$554,764
Expenses per Audited Statements$470,301
Expenses Not Reported on Form 990$169,143
Expenses Not Reported on Financial Statements$84,463
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The 990 is reviewed by the treasurer and audit chair and approved by the board prior to filing. Any questions are discussed with the preparer prior to filing.”

Form 990, Part VI, Line 12C Conflict of interest policy

“The foundation's conflict of interest policy's purpose is to protect the foundation's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the foundation or might result in a pollable excess benefit transaction. Each officer/director/board member of the foundation must sign and date a conflict of interest statement. In the event of conflict, the conflicted officer or director recuses his or her self from the discussion or vote.”

Form 990, Part VI, Line 19 Required documents available to the public

“The organization's governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Ecumenical Patriarch Bartholomew Foundation Inc
EIN
83-3599880
Phone
2127740444
Address
8 EAST 79TH STREET, NEW YORK, NY 10075

Signing Officer

Name
Chris Tsamutalis
Title
Treasurer
Phone
2127740444
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
2019
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
19

Preparer

Firm
Forvis Mazars LLP
Address
135 West 50th Street, New York, NY 10020
Preparer
Aaron Shapiro
Phone
2128127000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

“Estimated loss for uncollectible contributions - -169143; Total - -169143;”

Financial Statement Notes

Schedule D, Part X, Line 2 ASC 740 FOOTNOTE

“Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.”

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

“Estimated loss for uncollectible contributions - 169143 -”

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