HUNGARY INITIATIVES FOUNDATION INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
HUNGARY INITIATIVES FOUNDATION INC (EIN 46-1789616)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-14
IRS object ID
201933189349308868
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-14T14:06:12-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521855942PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TATE AND TRYONBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12021 L STREET NW SUITE 400AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461789616EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HUNGARY INITIATIVES FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHUNGBusinessNameControlTxt
Phone2026276810PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11455 PENNSYLVANIA AVENUE NW NO 400AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAMBASSADOR APRIL FOLEYPersonNm
Person TitleCHAIR OF THE BOARDPersonTitleTxt
Phone2026276810PhoneNum
Signature2019-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonR MICHAEL SORRELLSPreparerPersonNm
PTINP00001737PTIN
Phone2022932200PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address216.59.105.130IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-14IPDt
IP Tm14:06:09IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id0A779249EE4AB03D4EBCA877230ED83790B34DB8AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAMBASSADOR APRIL H FOLEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11455 PENNSYLVANIA AVENUE NW NO 400AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,243,639GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HUNGARYFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionOUR MISSION IS TO BUILD LASTING VALUE BY REVIVING AND STRENGTHENING THE CULTURAL, EDUCATIONAL, AND EMOTIONAL BONDS BETWEEN THE UNITED STATES AND HUNGARY AS WELL AS THE LARGE AND DIVERSE HUNGARIAN AMERICAN COMMUNITY AND ITS MOTHER NATION. 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.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$894,405PYInvestmentIncomeAmt
CY Investment Income$619,894CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$894,405PYTotalRevenueAmt
CY Total Revenue$619,894CYTotalRevenueAmt
PY Grants And Similar Paid$577,590PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$595,409CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$87,894PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$110,680CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$166,046PYOtherExpensesAmt
CY Other Expenses$115,268CYOtherExpensesAmt
PY Total Expenses$831,530PYTotalExpensesAmt
CY Total Expenses$821,357CYTotalExpensesAmt
PY Revenues Less Expenses$62,875PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$201,463CYRevenuesLessExpensesAmt
Total Assets BOY$17,194,195TotalAssetsBOYAmt
Total Assets EOY$15,343,792TotalAssetsEOYAmt
Total Liabilities BOY$34,001TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,063TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$17,160,194NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$15,327,729NetAssetsOrFundBalancesEOYAmt
MissionTO STRENGTHEN THE UNDERSTANDING AND COOPERATION BETWEEN HUNGARY AND THE UNITED STATES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$317,609ExpenseAmt
Grant$317,609GrantAmt
DescLEADERSHIP TRAINING: TO PROVIDE THE NEXT GENERATION OF HUNGARIAN LEADERS WITH PROFESSIONAL NETWORKING, INTERNSHIP AND FELLOWSHIP OPPORTUNITIES IN THE US.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$190,000ExpenseAmt
Grant$190,000GrantAmt
DescEDUCATION AND RESEARCH: TO PROMOTE HUNGARIAN-U.S. RELATIONS BY GENERATING INTERNSHIPS, SCHOLARSHIPS, AND ACADEMIC EXCHANGE PROGRAMS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$87,800ExpenseAmt
Grant$87,800GrantAmt
DescCULTURE AND ART: TO PRESERVE AND PROMOTE AN APPRECIATION OF HUNGARIAN CULTURE, ART, SCIENCE IN THE UNITED STATES BY RAISING THE PUBLIC AWARENESS OF HUNGARIAN HISTORY, ARTS, CULTURE, AND ACADEMIC ACHIEVEMENTS ACROSS THE UNITED STATES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$595,409TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2026276810PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11455 PENNSYLVANIA AVENUE NW NO 400AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
AMBASSADOR APRIL H FOLEY
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
HON TAMAS FELLEGI
TRUSTEE1.00Yes (X)$0$0$0
HON GEORGE PATAKI
TRUSTEE1.00Yes (X)$0$0$0
EDITH K LAUER
TRUSTEE1.00Yes (X)$0$0$0
AMBASSADOR KURT VOLKER
TRUSTEE1.00Yes (X)$0$0$0
JANOS CSAK
TRUSTEE (TIL JAN 2018)1.00Yes (X)$0$0$0
ANNA SMITH LACEY
EXECUTIVE DIRECTOR20.00Yes (X)$71,000$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$71,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$397,673TotalRevenueColumnAmt
Exclusion$397,673ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$845,966SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$623,745SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$222,221SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$222,221TotalRevenueColumnAmt
Exclusion$222,221ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$619,894TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$619,894ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$477,409TotalAmt
Program Services$477,409ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$78,000TotalAmt
Program Services$78,000ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$40,000TotalAmt
Program Services$40,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$71,000TotalAmt
Management And General$71,000ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$30,000TotalAmt
Management And General$30,000ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,279TotalAmt
Management And General$1,279ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,401TotalAmt
Management And General$8,401ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$165TotalAmt
Management And General$165ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$38,994TotalAmt
Management And General$38,994ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$30,166TotalAmt
Management And General$30,166ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$233TotalAmt
Management And General$233ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,174TotalAmt
Management And General$4,174ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,098TotalAmt
Management And General$5,098ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,679TotalAmt
Management And General$2,679ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$21,780TotalAmt
Management And General$21,780ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,100TotalAmt
Management And General$4,100ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$982TotalAmt
Management And General$982ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,897TotalAmt
Management And General$6,897ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$821,357TotalAmt
Program Services$595,409ProgramServicesAmt
Management And General$225,948ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,522BOYAmt
EOY$5,054EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$602BOYAmt
EOY$605EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,180BOYAmt
EOY$8,300EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$45,046LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$42,949LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,078BOYAmt
EOY$2,097EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,181,213BOYAmt
EOY$15,324,136EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,600BOYAmt
EOY$3,600EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$17,194,195BOYAmt
EOY$15,343,792EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,001BOYAmt
EOY$6,063EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$20,000BOYAmt
EOY$10,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$34,001BOYAmt
EOY$16,063EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$17,160,194BOYAmt
EOY$15,327,729EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,160,194BOYAmt
EOY$15,327,729EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,194,195BOYAmt
EOY$15,343,792EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$201,463ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,631,002NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Public Support Total170$0PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$377,812CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$358,207CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$377,836CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$382,610CurrentTaxYearMinus1YearAmt
Current Tax Year$397,673CurrentTaxYearAmt
Total$1,894,138TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$51CurrentTaxYearMinus2YearsAmt
Total$51TotalAmt
FieldValueIRS element (for citing)
Total Support$1,894,189TotalSupportAmt
Public Support CY1700.00000PublicSupportCY170Pct
Public Support PY1700.92930PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests PY170Yes (X)ThirtyThrPctSuprtTestsPY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationMISCELLANEOUS INCOMEExplanationTxt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$45,046OtherCostOrOtherBasisAmt
Depreciation$42,949DepreciationAmt
Book Value$2,097BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,097TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt-$1,041,274TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,631,002NetUnrealizedGainsInvstAmt
Revenue Not Reported-$1,631,002RevenueNotReportedAmt
Revenue Subtotal$589,728RevenueSubtotalAmt
Investment Expenses Not Incld$30,166InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$30,166RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$619,894TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$791,191TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$791,191ExpensesSubtotalAmt
Investment Expenses Not Incld2$30,166InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$30,166ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$821,357TotalExpensesPerForm990Amt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionEUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMRegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedSCHOLARSHIPTypeOfActivitiesConductedTxt
Region Total Expenditures$40,000RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$40,000SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$40,000TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionEUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMRegionTxt
Purpose Of GrantSCHOLARSHIPSPurposeOfGrantTxt
Cash Grant$40,000CashGrantAmt
Manner Of Cash DisbursementWIREMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Total Other Org1TotalOtherOrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFOR GRANTS LESS THAN 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% HAS TO BE PREAPPROVED BY THE FOUNDATION BEFORE EXPENDITURES ARE MADE.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ATLANTIC COUNCIL
1030 15TH STREET NW 12TH FLOORWASHINGTONDC20005520742294501(C)(3)$55,000LEADERSHIP TRAINING/FELLOWSHIP SUPPORT
MOBILENGINE
745 ATLANTIC AVENUEBOSTONMA02111FOR PROFIT$44,000ARTS AND CULTURE/COMMUNITY BUILDING
AMERICAN HUNGARIAN EDUCATORS ASSOCIATION
P O BOX 7377MONROE TOWNSHIPNJ08831237454055501(C)(3)$35,000ARTS AND CULTURE/COMMUNITY BUILDING
MAVEN 7 NETWORK RESEARCH INC
111 HUNTINGTON AVEBOSTONMA02199FOR PROFIT$39,000EDUCATION AND RESEARCH
HUNGARIAN AMERICAN COALITION
PO BOX 57135WASHINGTONDC20037521768656501(C)(3)$80,000LEADERSHIP TRAINING/FELLOWSHIP SUPPORT
QUINNIPIAC UNIVERSITY
275 MT CARMEL AVENUEHAMDENCT06518060646701501(C)(3)$26,000EDUCATION AND RESEARCH
THE FUND FOR AMERICAN STUDIES
1706 NEW HAMPSHIRE AVE NWWASHINGTONDC20009136223604501(C)(3)$78,000LEADERSHIP TRAINING/FELLOWSHIP SUPPORT
CALIFORNIA EUROPEAN CULTURAL INITIATIVE
524 MORAGA WAYORINDACA94563464227145501(C)(3)$7,000ARTS AND CULTURE/COMMUNITY BUILDING
MERIDIAN HOUSE
1630 CRESCENT PLACE NWWASHINGTONDC20009530259663501(C)(3)$39,609LEADERSHIP TRAINING/FELLOWSHIP SUPPORT
CENTER FOR EUROPEAN POLICY ANALYSIS
1225 19TH STREET NW SUITE 450WASHINGTONDC20036208247530501(C)(3)$65,000LEADERSHIP TRAINING/FELLOWSHIP SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org8Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient13RecipientCnt
Cash Grant$78,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFOR GRANTS LESS THAN YEAR, RECIPIENTS ARE ASKED TO SEND A FINAL NARRATIVE AND FINANCIAL REPORT WITHIN A MONTH OF THE END OF THE PROGRAM. IF MULTI-YEAR, RECIPIENTS ARE REQUIRED TO FILE BOTH OF THESE REPORTS ANNUALLY. ANY CHANGES TO THE PROGRAM BUDGET OVER 20% HAS TO BE PREAPPROVED BY THE FOUNDATION BEFORE EXPENDITURES ARE MADE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION PROVIDES A COPY OF THE FORM 990 TO ALL MEMBERS OF THE BOARD FOR REVIEW PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CA 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, PART VI, SECTION B, LINE 15THE 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 AN OFFICER'S COMPENSATION, THE OFFICER SHOULD NOT BE PRESENT IN THE MEETING. THE BOARD SHALL OBTAIN AND CONSIDER APPROPRIATE DATA CONCERNING COMPARABLE COMPENSATION PAID TO SIMILAR OFFICERS IN LIKE CIRCUMSTANCES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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