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Hungary Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461789616 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Hungary Foundation?

The Hungary Foundation, located at 1455 Pennsylvania Avenue NW, Suite 400, Washington DC 20004, is a nonprofit organization dedicated to fostering cooperation and mutual understanding between Hungary and the United States. Their primary mission is to provide professional networking, internship, and fellowship opportunities to the next generation of Hungarian leaders in the USA. This aim is integral to their objective of reviving and strengthening the connection between the two nations, promoting democracy, freedom, human rights, and human dignity, which are cherished values shared by both countries. The foundation, with a staff of two, is committed to this mission.


Official website here: www.hungaryfoundation.org

Is Hungary Foundation legitimate?

Hungary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hungary Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $85,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,635

For more financial information, click here


Official website here: www.hungaryfoundation.org

What is the mission statement of Hungary Foundation?

The Hungary Foundation's mission is centered around fostering a strong bond between Hungary and the United States. This is achieved by promoting cooperation and understanding between the two nations, thereby upholding democratic values, freedom, human rights, and human dignity, which are deeply rooted in both histories and cultures. To further this objective, the foundation offers professional networking, internship, and fellowship opportunities in the United States to nurture the next generation of Hungarian leaders.


Official website here: www.hungaryfoundation.org

Who is the CEO of Hungary Foundation?

Ambassador April H Foley is the Chair of Hungary Foundation.


Official website here: www.hungaryfoundation.org

What is the revenue of Hungary Foundation?

Hungary Foundation's revenue in 2022 was $462,418.


Official website here: www.hungaryfoundation.org

Who are the executives of Hungary Foundation and what are their salaries?

The average compensation at Hungary Foundation during 2022 was $64,068. There are 2 employees at Hungary Foundation.

Here are 7 key members and their salaries:

    Anna Smith Lacey (Executive Di)
  • Compensation: $85,500
  • Related: $0
  • Other: $0

    • Ambassador April H Foley (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Tamas Fellegi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon George Pataki (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edith K Lauer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amb Kurt Volker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janos Martonyi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hungaryfoundation.org

    Where can I find the form 990 for Hungary Foundation?

    The Hungary Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hungaryfoundation.org

    Learn more at the official website: www.hungaryfoundation.org

    Mission Statement of Hungary Foundation

    The Hungary Foundation, a nonprofit organization, is dedicated to fostering a strong relationship and mutual understanding between Hungary and the United States of America. Their mission is to revive and strengthen the bonds between these two nations, promoting cooperation and unity. This mission is driven by the shared values of democracy, freedom, human rights, and human dignity, which are cherished by both countries and their peoples.

    In pursuit of this mission, the Hungary Foundation offers leadership training opportunities. This program aims to prepare the next generation of Hungarian leaders by providing them with professional networking, internship, and fellowship experiences in the United States. This initiative is designed to equip these future leaders with the skills and experiences necessary to contribute positively to the relationship between their home country and the United States.

    Impact

    This information is meant to be a general summary of Hungary Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Hungary Foundation's impact lies in building lasting value by reviving and strengthening the bonds between the United States and Hungary. They promote cooperation and understanding between these great nations, fostering democracy, freedom, human rights, and human dignity – values deeply ingrained in the histories and cultures of both countries. Through leadership training programs, the foundation provides the next generation of Hungarian leaders with professional networking, internship, and fellowship opportunities in the United States. By focusing on strengthening understanding and cooperation between Hungary and the United States, the foundation plays a crucial role in shaping the future relationship between these two nations.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $408,505
  • Program Service Revenue: $0
  • Gross Receipts: $462,418

    • Assets and Liabilities:
  • Total Assets: $17,609,861
  • Total Liabilities: $118,327
  • Net Assets: $17,491,534
  • Organization Details

    Founding Year

    2012

    Principal Officer

    Ambassador April H Foley

    Main Address

    1455 PENNSYLVANIA AVENUE NW STE 400, WASHINGTON, DC, 20004

    NTEE Category

    Code: A23 - Arts

    If you are a representative of Hungary Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.