Hungary Initiatives Foundation Inc
Donations deductibleRevenue
$509k
year to 31 December 2025
Expenses
$1.1m
year to 31 December 2025
Total assets
$25m
$193k liabilities
Net assets
$24.8m
assets less liabilities
Directors and trustees
6
8.1y av
Staff
2
employees, year to 31 December 2025
Chair observed
≥6 yrs
Ambassador April H Foley
Left since last filing
0
no seats appear to have opened
Hungary Initiatives Foundation Inc's network
6 people1 organisationi6 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (6). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
6 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 6 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Ambassador April H Foley Chair | Chair | 2018 | 8 yrs |
| AMB Kurt Volker | Trustee | 2019 | 7 yrs |
| Edith K Lauer | Trustee | 2018 | 8 yrs |
| Hon George Pataki | Trustee | 2018 | 8 yrs |
| Hon Tamas Fellegi | Trustee | 2018 | 8 yrs |
| Janos Martonyi | Trustee | 2019 | 7 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Anna Smith Lacey | Executive Director | since 2018 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Anna Smith Lacey | Executive Di | 20 | $94k | ||
| Ambassador April H Foley | Chair | 1 | $0 | ||
| Hon Tamas Fellegi | Trustee | 1 | $0 | ||
| Hon George Pataki | Trustee | 1 | $0 | ||
| Edith K Lauer | Trustee | 1 | $0 | ||
| Amb Kurt Volker | Trustee | 1 | $0 | ||
| Janos Martonyi | Trustee | 1 | $0 |
About
- Legal name
- Hungary Initiatives Foundation Inc
- EIN
- 461789616
- Address
- 1455 Pennsylvania Avenue Nw Suite 4, Washington, DC, 20004-1008
- State
- District of Columbia
- Mission
- To strengthen the understanding and cooperation between hungary and the united states of america. (as filed on the Form 990)
- Activity (NTEE)
- A23 Arts, culture and humanities
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Arts, Culture & Humanities
- Size band
- 8 (IRS master file code)
- Formed
- 2012
- Principal officer
- Ambassador April H Foley (as named on the Form 990)
- IRS ruling date
- 1 July 2014
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsAmbassador April H Foley
≥8years on the filingsEdith K Lauer
≥8years on the filingsHon George Pataki
≥8years on the filingsHon Tamas Fellegi
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $25m
- Total liabilities
- $193k
- Net assets or fund balances
- $24.8m
- Contributions and grants received
- $2k
- Program service revenue
- $0
- Grants and similar paid out
- $649k
- Employees
- 2
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $464k | $1m | Deficit $545k |
As filed on the IRS Form 990. US dollars.
Grants paid
2 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| The Fund for American Studies | Leadership training | $75k |
| California European Cultural Initia | Arts & culture | $25k |