OVERVIEW: The Angelakis Family Foundation primarily funds grantmaking related to education, youth, the arts, health, and human services. It also earmarks funds for environmental, religious, and Greek causes.
IP TAKE: The foundation keeps a low public profile, which limits information available on its grantmaking priorities and activities.
PROFILE: The Angelakis Family Foundation was established in 2005. It was founded by former Comcast CFO and Vice Chairman Michael J. Angelakis and his wife Christine who are based in Gladwyne, Pennsylvania outside of Philadelphia. Michael Angelakis went on to found Atairos, an independent private company focused on supporting growth-oriented businesses across a wide range of industries, with offices in New York and Bryn Mawr, Pennsylvania. The foundation does not maintain a website, which restricts further information on its grantmaking strategies. Tax filings suggest that the Angelakis Family Foundation funds grantmaking related to education, youth, the arts, health, and human services. It also earmarks funds for environmental, religious, and Greek causes.
The couple support their mutual alma mater Babson College, where Christine sits on the board. The family strongly support William Penn Charter School. The couple are parents and Christine is an overseer of William Penn's board.
Grants range from $150 to $250,000. In a recent fiscal year the foundation gave away around $850,000. Past grantees include UPenn (the couple's son Luke graduated from the school); Big Brothers Big Sisters Southeastern PA; Philadelphia Museum of Art; Children’s Hospital of Philadelphia Foundation; and St. Christopher's Church.
The foundation keeps a low profile and does not accept unsolicited proposals.
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Angelakis Family Foundation
1250 Lafayette Road
Gladwyne, PA 190335