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Alexander S. Onassis Foundation
The Alexander S. Onassis Foundation (Greek: Κοινωφελές Ίδρυμα Αλέξανδρος Σ. Ωνάσης), commonly known as Onassis Foundation (Greek: Ίδρυμα Ωνάση) is a public benefit foundation based in Vaduz, Liechtenstein. It was established by Aristotle Onassis in his will in Liechtenstein in order to honor the memory of his son Alexander, who died at age 24 in an airplane crash in Athens in 1973.
Aristotle Onassis died in 1975, and had directed in his will that half of his estate should be transferred upon his death to a foundation to be established in his son's name. In 1975, the executors of the estate accordingly established a pair of foundations, incorporated in Vaduz, Liechtenstein: the Business Foundation, which acts as a holding company for the underlying business interests, and the Alexander S. Onassis Public Benefit Foundation, which is the sole beneficiary of the Business Foundation.
The executors and original members of the Board of Directors, appointed in 1975 by Aristotle Onassis in his will, were his executives and business associates, including Nikos Kokkinis, Michael Dologlou, Stelios Papadimitriou, Paul Ioannidis, Apostolos Zambelas and Creon Brown. In time, other persons were added, such as Theodoros Gavriilidis.
The public benefit foundation is based in Vaduz. Aristotle's daughter, Christina Onassis, served as the first president of the foundation until her death in 1988. She was succeeded by Stelios Papadimitriou, Aristotle Onassis' lawyer, who died in 2005. Anthony S. Papadimitriou, the latter's son, serves as the current president and chair of the board of directors.
The foundation is one of the largest in Europe, using its assets to create scholarship and prize programs, build the $75 million Onassis Cardiac Surgery Center in Athens (designed by London-based hospital architect Llewelyn Davies), endow Greek studies chairs at universities, and support other projects. All activities of the Alexander S. Onassis Public Benefit Foundation, from the time of its establishment to the present, are funded exclusively by the profits of the Business Foundation, which engages mainly in shipping and real estate investments.
The Foundation is active in the fields of health, education, and culture, supporting a continuous connection with Greece and contemporary Greek culture.
The Foundation aims at promoting Greek culture and civilization throughout the world and in Greece. The first international affiliate Onassis Foundation, now known as OnassisUSA, was established in New York City to disseminate information about Hellenic civilization throughout North and South America.
The Onassis Cultural Center (now Onassis Stegi), Foundation's venue, was built in Athens in 2004 and opened in December 2010. Onassis Stegi's artistic programming addresses issues of democracy, social and environmental justice, racial and gender equality, and LGBTI+ rights.
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Alexander S. Onassis Foundation
The Alexander S. Onassis Foundation (Greek: Κοινωφελές Ίδρυμα Αλέξανδρος Σ. Ωνάσης), commonly known as Onassis Foundation (Greek: Ίδρυμα Ωνάση) is a public benefit foundation based in Vaduz, Liechtenstein. It was established by Aristotle Onassis in his will in Liechtenstein in order to honor the memory of his son Alexander, who died at age 24 in an airplane crash in Athens in 1973.
Aristotle Onassis died in 1975, and had directed in his will that half of his estate should be transferred upon his death to a foundation to be established in his son's name. In 1975, the executors of the estate accordingly established a pair of foundations, incorporated in Vaduz, Liechtenstein: the Business Foundation, which acts as a holding company for the underlying business interests, and the Alexander S. Onassis Public Benefit Foundation, which is the sole beneficiary of the Business Foundation.
The executors and original members of the Board of Directors, appointed in 1975 by Aristotle Onassis in his will, were his executives and business associates, including Nikos Kokkinis, Michael Dologlou, Stelios Papadimitriou, Paul Ioannidis, Apostolos Zambelas and Creon Brown. In time, other persons were added, such as Theodoros Gavriilidis.
The public benefit foundation is based in Vaduz. Aristotle's daughter, Christina Onassis, served as the first president of the foundation until her death in 1988. She was succeeded by Stelios Papadimitriou, Aristotle Onassis' lawyer, who died in 2005. Anthony S. Papadimitriou, the latter's son, serves as the current president and chair of the board of directors.
The foundation is one of the largest in Europe, using its assets to create scholarship and prize programs, build the $75 million Onassis Cardiac Surgery Center in Athens (designed by London-based hospital architect Llewelyn Davies), endow Greek studies chairs at universities, and support other projects. All activities of the Alexander S. Onassis Public Benefit Foundation, from the time of its establishment to the present, are funded exclusively by the profits of the Business Foundation, which engages mainly in shipping and real estate investments.
The Foundation is active in the fields of health, education, and culture, supporting a continuous connection with Greece and contemporary Greek culture.
The Foundation aims at promoting Greek culture and civilization throughout the world and in Greece. The first international affiliate Onassis Foundation, now known as OnassisUSA, was established in New York City to disseminate information about Hellenic civilization throughout North and South America.
The Onassis Cultural Center (now Onassis Stegi), Foundation's venue, was built in Athens in 2004 and opened in December 2010. Onassis Stegi's artistic programming addresses issues of democracy, social and environmental justice, racial and gender equality, and LGBTI+ rights.