Niarchos Foundation Pledges $238 Million for Greek Health Sector

Niarchos Foundation Pledges $238 Million for Greek Health Sector

The Stavros Nicholas Foundation (SNF) has announced a commitment of more than $238 million in support of the health sector in Greece.

With the commitment, SNF will fully fund four major projects identified by the Greek Ministry of Health as high priorities — construction of a new building for the General Hospital of Komotini, one of the oldest hospitals in Greece; construction of a children's hospital in Thessaloniki; renovation of the Nursing Sisters' building at Evangelismos Hospital, which will house the chair of the university's faculty of nursing; and capacity-building assistance for the National Center for Emergency Care's (EKAV) air ambulance services, including the procurement of two new helicopters and the repair and upgrade of its existing helicopters. The funding for the latter is in addition to SNF's previous support for upgrades to and procurement of a hundred and forty-three ambulances.

In consultation with the health ministry, SNF also will support upgrades to existing hospital services, new medical equipment, and education-related projects.

"With the recent completion of the Stavros Niarchos Foundation Cultural Center (SNFCC) and its delivery to Greek society, which has already embraced it...we have decided to embark on a new grant initiative, this time focusing on the crucial sector of health, which is a fundamental pillar of our society," said SNF co-president Andreas Dracopoulos. "As our experience from the development of the SNFCC has proven, with this new grant initiative for the support of the Greek health sector, we are looking forward to the multiple benefits that a transparent collaboration between the private and public sector has to offer, especially when it concerns a philanthropic cause."