2023-07-11T15:49:55-04:00 2022-12-31 521373858 DELEON & STANG CPAS AND ADVISORS 150 S EAST ST STE 103 FREDERICK MD 217016175 990 2022-01-01 461789616 HUNGARY FOUNDATION HUNG 2026276810 1455 PENNSYLVANIA AVENUE NW STE 400 WASHINGTON DC 20004 AMBASSADOR APRIL H FOLEY CHAIR 2026276810 2023-05-14 true APRIL FOLEY XXX-XX-XXXX false CLINT LEHMAN CPA P00840525 3019489825 2023-07-11 2022 2023-04-26 12:10:37Z AMBASSADOR APRIL H FOLEY 1455 PENNSYLVANIA AVENUE NW WASHINGTON DC 20004 462418 false X WWW.HUNGARYFOUNDATION.ORG X 2012 DC 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. 6 6 2 0 22120 53913 0 451704 408505 0 473824 462418 667366 781099 0 168631 139210 0 0 406199 257330 1242196 1177639 -768372 -715221 22519032 17609861 119797 118327 22399235 17491534 X TO STRENGTHEN THE UNDERSTANDING AND COOPERATION BETWEEN HUNGARY AND THE UNITED STATES OF AMERICA. false false 176743 140500 LEADERSHIP TRAINING: TO PROVIDE THE NEXT GENERATION OF HUNGARIAN LEADERS WITH PROFESSIONAL NETWORKING, INTERNSHIP, AND FELLOWSHIP OPPORTUNITIES IN THE UNITED STATES OF AMERICA. 82000 82000 EDUCATION AND RESEARCH: TO PROMOTE HUNGARIAN-U.S. RELATIONS BY GENERATING INTERNSHIPS, SCHOLARSHIPS, AND ACADEMIC EXCHANGE PROGRAMS. 110875 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. 597818 558599 ALUMNI PROGRAMS 597818 558599 967436 true false false false false false false false false false true false false false false true true false false false true true false false false false false true true false false false false false false false false false false false false false false false false false false true 4 0 2 true false false false false false false false false X 6 6 false false false false false false false true true false false false true true true false true true true false X ANNA SMITH-LACEY 2026276810 1455 PENNSYLVANIA AVE WASHINGTON DC 20004 AMBASSADOR APRIL H FOLEY CHAIR 1.00 X X 0 0 0 HON TAMAS FELLEGI TRUSTEE 1.00 X 0 0 0 HON GEORGE PATAKI TRUSTEE 1.00 X 0 0 0 EDITH K LAUER TRUSTEE 1.00 X 0 0 0 AMB KURT VOLKER TRUSTEE 1.00 X 0 0 0 JANOS MARTONYI TRUSTEE 1.00 X 0 0 0 ANNA SMITH LACEY EXECUTIVE DI 40.00 X 85500 0 0 85500 false false false 53913 53913 408505 408505 462418 408505 200000 200000 448724 448724 132375 132375 85500 39535 45965 42635 19714 22921 11075 5121 5954 330 330 43111 12960 30151 34074 34074 28105 26000 2105 4062 628 3434 23512 14607 8905 6970 80 6890 24857 7433 17424 33567 17822 15745 6280 6280 9160 9160 PROGRAM EXPENSES 28369 28369 FIELD TRIPS 14064 14064 BANKING FEES 859 859 MISCELLANEOUS EXPENSES 10 4 6 1177639 967436 210203 0 50178 109054 7904 23743 63886 60222 9944 3664 22447406 17469742 3600 3658 22519032 17609861 119797 118327 119797 118327 X 22399235 17491534 22399235 17491534 22519032 17609861 X -715221 -4192480 X false true X true false X 1000000 204101 22120 53913 1280134 1000000 204101 22120 53913 1280134 1280134 397673 433050 385055 451704 408505 2075987 3356121 204101 0.38140 0.33270 X PART II, LINE 10 MISCELLANEOUS INCOME 0 63886 60222 3664 3664 X -3814536 -4192480 -50400 -4242880 428344 34074 34074 462418 1093165 1093165 34074 50400 84474 1177639 SCHEDULE D, PAGE 3, PART X THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. SCHEDULE D, PAGE 4, PART XII, LINE 4B RETURNED GRANT FUNDS 50,400 true EUROPE (INCLUDING ICELAND & GREENLAND) EDUCATION & RESEARCH CONFERENCE SUPPORT 30000 WIRE CULTURE & ART 67375 WIRE CULTURE & ART 30000 WIRE 5 5 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 FOR GRANTS LESS THAN ONE YEAR, IN ORDER TO BE FUNDED, RECIPIENTS ARE ASKED TO SEND A FINAL NARRATIVE AND FINANCIAL REPORT WITHIN A MONTH OF THE END OF THE GRANT CYCLE. IF MULTI-YEAR, RECIPIENTS ARE REQUIRED TO FILE BOTH OF THESE REPORTS ANNUALLY. ANY CHANGES TO THE PROGRAM BUDGET OVER 20% MUST BE PREAPPROVED BY THE FOUNDATION BEFORE EXPENDITURES ARE MADE. SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 true HUDSON INSTITUTE 1201 PENNSYLVANIA AVE NW 400 WASHINGTON DC 20004 131945157 501C3 82000 EDUCATION & RESEARCH CENTER FOR IMMIGRATION STUDIES 1629 K STREET WASHINGTON DC 20006 521449368 501C3 118000 EDUCATION & RESEARCH 2 EDUCATION AND RESEARCH 2 219070 ARTS AND CULTURE 2 8000 LEADERSHIP TRAINING 1 36243 CONFERENCE SUPPPORT 3 44411 JUNIOR FELLOWS 4 98500 SENIOR FELLOWS 1 42000 OTHER 1 500 SCHEDULE I, PAGE 1, PART I, LINE 2 FOR GRANTS LESS THAN ONE YEAR, IN ORDER TO BE FUNDED, RECIPIENTS ARE ASKED TO SEND A FINAL NARRATIVE AND FINANCIAL REPORT WITHIN A MONTH OF THE END OF THE GRANT CYCLE. IF MULTI-YEAR, RECIPIENTS ARE REQUIRED TO FILE BOTH OF THESE REPORTS ANNUALLY. ANY CHANGES TO THE PROGRAM BUDGET OVER 20% MUST BE PREAPPROVED BY THE FOUNDATION BEFORE EXPENDITURES ARE MADE. FORM 990, PAGE 2, PART III, LINE 4D ALUMNI PROGRAMS FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION PROVIDES A COPY OF THE FORM 990 TO ALL MEMBERS OF THE BOARD FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 12C A TRUSTEE OR OFFICER SHALL DISCLOSE A CONFLICT OF INTEREST: (A) PRIOR TO VOTING ON OR OTHERWISE DISCHARGING HIS DUTIES WITH RESPECT TO ANY MATTER INVOLVING THE CONFLICT WHICH COMES BEFORE THE BOARD OR ANY COMMITTEE; (B) PRIOR TO ENTERING INTO ANY CONTRACT OR TRANSACTION INVOLVING THE CONFLICT; (C) AS SOON AS POSSIBLE AFTER THE TRUSTEE OR OFFICER LEARNS OF THE CONFLICT; AND (D) ON THE ANNUAL DISCLOSURE FORM. THE SECRETARY OF THE CORPORATION SHALL DISTRIBUTE ANNUALLY TO ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES (AS IDENTIFIED BY THE CORPORATION), A FORM SOLICITING THE DISCLOSURE OF ALL CONFLICTS OF INTEREST, INCLUDING SPECIFIC INFORMATION CONCERNING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE CORPORATION AND WHETHER THE PROCESS FOR APPROVAL SET FORTH IN THIS POLICY WAS USED. SUCH DISCLOSURE FORM MAY REQUIRE DISCLOSURE OF OTHER RELATIONSHIPS THAT MAY NOT CONSTITUTE AN ACTUAL CONFLICT OF INTEREST, BUT WHICH ARE REQUIRED TO BE DISCLOSED IN ORDER FOR THE CORPORATION TO COMPLY WITH ITS ANNUAL REPORTING REQUIREMENTS. THE EXECUTIVE COMMITTEE SHALL REVIEW THE DISCLOSURE STATEMENTS AND ADVISE THE BOARD OF ANY RELEVANT INFORMATION THAT MAY ASSIST THE BOARD'S ACTION WITH RESPECT TO POTENTIAL CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF TRUSTEES MUST APPROVE IN ADVANCE THE AMOUNT OF ALL COMPENSATION FOR OFFICERS OF THE CORPORATION. BEFORE APPROVING THE COMPENSATION OF AN OFFICER, THE BOARD SHALL DETERMINE THAT THE TOTAL COMPENSATION TO BE PROVIDED BY THE CORPORATION TO THE OFFICER IS REASONABLE IN AMOUNT IN LIGHT OF THE POSITION, RESPONSIBILITY, AND QUALIFICATION OF THE OFFICER FOR THE POSITION HELD, INCLUDING THE RESULT OF AN EVALUATION OF THE OFFICER'S PRIOR PERFORMANCE FOR THE CORPORATION, IF APPLICABLE. IN MAKING THE DETERMINATION, THE BOARD SHALL CONSIDER TOTAL COMPENSATION TO INCLUDE THE SALARY AND THE VALUE OF ALL BENEFITS PROVIDED BY THE CORPORATION TO THE INDIVIDUAL IN PAYMENT FOR SERVICES. AT THE TIME OF THE DISCUSSION AND DECISION CONCERNING AND OFFICER'S COMPENSATION, THE OFFICER SHOULD NOT BE PRESENT IN THE MEETING. THE BOARD SHALL OBTAIN AND CONSIDER APPROPRIATE DARA CONCERNING COMPARABLE COMPENSATION PAID TO SIMILAR OFFICERS IN LIKE CIRCUMSTANCES. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF TRUSTEES MUST APPROVE IN ADVANCE THE AMOUNT OF ALL COMPENSATION FOR OFFICERS OF THE CORPORATION. BEFORE APPROVING THE COMPENSATION OF AN OFFICER, THE BOARD SHALL DETERMINE THAT THE TOTAL COMPENSATION TO BE PROVIDED BY THE CORPORATION TO THE OFFICER IS REASONABLE IN AMOUNT IN LIGHT OF THE POSITION, RESPONSIBILITY, AND QUALIFICATION OF THE OFFICER FOR THE POSITION HELD, INCLUDING THE RESULT OF AN EVALUATION OF THE OFFICER'S PRIOR PERFORMANCE FOR THE CORPORATION, IF APPLICABLE. IN MAKING THE DETERMINATION, THE BOARD SHALL CONSIDER TOTAL COMPENSATION TO INCLUDE THE SALARY AND THE VALUE OF ALL BENEFITS PROVIDED BY THE CORPORATION TO THE INDIVIDUAL IN PAYMENT FOR SERVICES. AT THE TIME OF THE DISCUSSION AND DECISION CONCERNING AND OFFICER'S COMPENSATION, THE OFFICER SHOULD NOT BE PRESENT IN THE MEETING. THE BOARD SHALL OBTAIN AND CONSIDER APPROPRIATE DARA CONCERNING COMPARABLE COMPENSATION PAID TO SIMILAR OFFICERS IN LIKE CIRCUMSTANCES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 RECOVERIES OF PRIOR YEAR GRANTS -50,400 RETURNED GRANT FUNDS 50,400