The Lazari family announced the establishment of the Christos Lazari Foundation in honour of the Greek Cypriot businessman Christos Lazari that took place on the occasion of the second anniversary of his passing on Thursday the 27th July 2017 the event was held at one of the family’s prestigious properties in Berkeley Square. Christos was a generous philanthropist throughout his whole life and his plans included the establishment of a Foundation to further his charitable work. The family have established the foundation in order that Christos’ ambition is fulfilled.
Christos who was born in Dora, Limassol arrived in Britain at 16 years old In the early seventies he started working in the dress business eventually owning his own dress manufacturing business Drendie Girl before entering in the property investment business
Christos Lazari was also a member of the Radiomarathon children in need charity committee where he was well known for his philanthropic work.
The Lazari family have decided to initially provide the gift of an income producing investment property valued at £3.25m free of debt to the new foundation. The family is not seeking any external contributions but does intend to grow the Charity in the forthcoming years by providing further gifts from their own resources at appropriate times.
The Foundation will be granting donations to causes which were close to the heart of Christos Lazari
including: —Charitable organisations associated with the UK and Cyprus. Medical Scientific Research
in the UK, Faith organisations including the Greek Orthodox Church
—Other worthy causes as determined by the Trustees.
Members of the Foundation will include his wife Maritsa Lazari and his three children Leonida (Len), Nicholas and Andrie. The four family members will be joined by two experienced independent trustees Mr Nicos Petoussis and Mr Xenophon Protopapas. It is hoped that the Trustees will be able to both evaluate and approve the first charitable donations in the autumn of this year.
At the reception there was His Eminence Archbishop Gregorios of Thyateira and Great Britain, who spoke and gave a blessing First Lady Mrs Andrie Anastasiades representing the President of Cyprus Mr Nicos Anastasiades also made a speech. Also in attendance was Theresa Villiers Member of Parliament (MP) for Chipping Barnet. Villiers was the Secretary of State for Northern Ireland from 2012 to 2016 who spoke and welcomed the idea of the charity. Speeches were also made by Christos Lazaris children Leonidas who spoke about his father’s dream and philosophy, Andria who outlined what the Foundation was about and also their father’s legacy. And lastly Christos Lazari’s son Nicholas thanked the guests for attending and said that the foundation will be there to help within the ethos of their late father.