NonprofitsHungary Initiatives Foundation Inc

Arts, Culture & Humanities

Hungary Initiatives Foundation Inc

WASHINGTON, DC

Total revenue

$464K

Total expenses

$1.0M

Net assets

$22.0M

Grants received

EIN

461789616

Tax year

2024

Mission

Our mission is to build lasting value by reviving and strengthening the bonds between the united states and hungary. We promote cooperation and understanding between our great nations, thereby fostering democracy, freedom, human rights, and human dignity, the dearest values of our history and our peoples.

Programs

3 programs

Education and research: to promote hungarian-u.s. Relations by generating internships, scholarships, and academic exchange programs.

Expenses: $702KGrants: $272K

Culture and art: to preserve and promote and appreciation of hungarian culture, art, and science in the u.s. By raising the public awareness of hungarian history, arts, culture, and academic achievements across the united states of america.

Expenses: $11KGrants: $11K

Alumni programs

Expenses: $25KGrants: $25K

Financials

FY 2024

Revenue

Contributions & grants$3K
Program service revenue
Investment income$461K
Other revenue
Total revenue$464K

Expenses

Grants paid$349K
Salaries & benefits$202K
Fundraising
Other expenses$458K
Total expenses$1.0M
Total assets$22.1M
Net assets$22.0M

People

7 listed

NameRoleCompensation

ANNA SMITH LACEY

EXECUTIVE DI

Board

$92K

40 hrs/wk

AMBASSADOR APRIL H FOLEY

CHAIR

Board

1 hrs/wk

HON TAMAS FELLEGI

TRUSTEE

Board

1 hrs/wk

HON GEORGE PATAKI

TRUSTEE

Board

1 hrs/wk

EDITH K LAUER

TRUSTEE

Board

1 hrs/wk

AMB KURT VOLKER

TRUSTEE

Board

1 hrs/wk

JANOS MARTONYI

TRUSTEE

Board

1 hrs/wk

Details

EIN461789616
NTEE codeA23
Subsection03
Ruling date2014-07
Formed2012
Employees2
HUNGARY INITIATIVES FOUNDATION INC — Mission, Financials & Grants Received | Grantivo