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 1973.
History
Aristotle Onassis died in 1975, and had directed in his will that half of his estate should be transferred upon his own death to a foundation to be established in his son's name.[1] 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 public benefit foundation is based in Vaduz.[6] Aristotle's daughter, Christina Onassis, served as the first president of the foundation until her death in 1988.[7] She was succeeded by Stelios Papadimitriou, Aristotle Onassis' lawyer, who died in 2005.[8]Anthony S. Papadimitriou, the latter's son, serves as the current president and chair of the Board of Directors.[9]
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.[7] 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.
Activities & projects
The Foundation is active in the fields of health, education, and culture, supporting a continuous connection with Greece and contemporary Greek culture.
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.[7][10]
The Onassis Cultural Center (now Onassis Stegi), Foundation's venue, was built in Athens in 2004 and opened in December 2010.[11][12][13] Onassis Stegi's artistic programming addresses issues of democracy, social and environmental justice, racial and gender equality, and LGBTI+ rights.[14]
The Foundation's US presence (Onassis USA) is in the Olympic Tower on Fifth Avenue, which was built in 1976 and combines offices, shops and luxury apartments. It is also home to the Onassis Cultural Center,[15] which has been open intermittently for exhibits and other programming, but as of 2018 is no longer regularly open to the public. From 2020 to 2022, the Onassis USA also maintained operations through its branch in Los Angeles (Onassis LA, aka OLA House) under Paul Holdengräber, mainly during COVID-19 pandemic.[16]
In the fields of health, the Foundation donated the Onassio Cardiac Surgery Centre (OCSC) to Greece in 1992. Close to it, the Onassis National Transplant Centre (ONTC), is under construction and is expected to be delivered to the Greek State c. 2025.[31][32] In 2018, Onassis Foundation reconstructed the Melanoma and Skin Cancer Center at the Andreas Syngros Hospital in Athens.[33] Moreover, the Foundation provided financial support to organizations such as ELPIDA and the Hellenic Society for the Protection and Rehabilitation of Disabled Children (ELEPAP).[34][35] In 2020, it implemented donations related to the response to the COVID-19 pandemic in Greece.[36]
Education
In 1978, the Onassis Foundation launched scholarships for studies in Greece and abroad. Nowadays emphasis is given on fields such as robotics, artificial intelligence, biotechnology, and bio-innovation.[37] The same year (1978) the Foundation established international awards, which were handed out to individuals and organizations in the fields of culture, social achievement and the environment. Since 2008 the awards were redesigned and expanded as the Onassis International Prize for Shipping, Trade, and Finance in partnership with Bayes Business School, University of London, and the City of London.[38][39][40]
Since 2010, the Onassis Foundation has implemented a series of educational programs for children, adolescents, schools, adults, and teachers, including creative music courses, digital applications, seminars, mixed dance lessons for people with and without disabilities etc.[41] Moreover, the Foundation has been organizing nationwide workshops and various educational activities for children with either motor difficulties or autism spectrum disorder (ASD).[42] Also the Foundation supports educational institutions (like universities, colleges and schools) in about 40 countries.[43]
References
^Ioannidis, Paul (2015). Destiny Prevails: My Life with Aristotle, Alexander, Christina Onassis and her daughter, Athina. New York: Significance Press-paperback or kindle edition. ISBN978-0990757474.
Χαρλαύτη, Τζελίνα, ed. (2023). Ιστορία των επιχειρήσεων Ωνάση (in Greek). Heraklion: Crete University Press. Alexander S. Onassis Foundation. Institute for Mediterranean Studies - Foundation for Research and Technology (FORTH). ISBN978-960-524-918-2.