[20][21] In an effort to honor on Greek athletes, celebrities, philanthropists, entertainers, and other notable individuals internationally, Psinakis created the Medal of the Legion of Marathon in 2015.
[23] [24] Subsequent recipients of the award have been Ecumenical Patriarch Bartholomew,[25] Hollywood director James Cameron, Jim Gianopulos of 20th Century Fox, actors Tom Hanks and Rita Wilson, and thirty-seven foreign ambassadors from around the world.
[28][29] [30] Psinakis established the non-profit Marathon Foundation in order to further tourism, sports, and culture in the region as well as promote charitable events for the needy that provide food, water and medical care throughout Greece.
[33][34][35][36][37][38][39] In an effort to revitalize Marathon, Psinakis has worked with Greek and Chinese investors to create a Riviera-style attraction and international tourist destination.
Part of Psinakis' plan for Marathon's future is constructing an entertainment center that includes a casino, marina, hotels, villas, and a golf course.
[43] In cooperation with the Regional Governor of Attica, the culture minister, and the mayor of Lavrio, Psinakis is also working on a scuba diving park that would be centered around the Evian Gulf.
[44] Other efforts toward making his city a tourist destination include a trip made by Psinakis to China in May 2016, where he took part in investment negotiations for the construction of a history museum in Marathon.