Funding policy

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Please, read carefully our funding policy before sending us a project proposal.

Funding guidelines

  • In order to be funded, projects and programs must have clear and substantive fit within one or more of the Foundation’s policy focus areas.
  • The prospective grantee must be a US-based 501(c)(3) organization, educational institution. Individuals are only given grants as part of an internship, scholarship, or exchange program. The Executive Director has the discretionary right to make exceptions in individual cases, provided that the recipient organization meets all the requirements set by the IRS for such cases.
  • As a matter of principle the Foundation does not provide full funding for programs and projects. Applicants must demonstrate a commitment to the program through a meaningful contribution of their own human and/or financial resources.
  • Funding limits for the program categories and individual projects will be determined in the annual program policy guidelines approved by the full Board of Trustees. Funding is always provided for individual projects or, in the case of multi-year programs, up to three years with annual grant and progress reports on the funded programs and projects.
  • The Foundation contributes to the maintenance of organizations through:
    • The funding of programs and projects; and
    • Recognizing an acceptable level of overhead, up to an allowable 15 percent of direct costs.
  • The Foundation does not take over the organization and management of funded programs, unless:
    • The funded organization ceases to exist or cannot continue its operation; or
    • If similar programs of different organizations are merged in consensus with the organizations.
  • In case of funded projects and programs, the acknowledgment of The Hungary Initiatives Foundation’s support must appear at all times, on every communications platform, with the final approval of the Foundation.
  • Any and all organizations across the United States can submit applications for funding for programs and projects. Eligibility criteria will be determined by the Executive Committee and tailored to the specific program category.
  • All funded organizations must submit a grant report to the Foundation within 60 days of the end of a project or the expiration of the funding and return any unused fund to the Foundation. The Executive Committee must approve the report before the organization can re-apply for another grant for continuation of same program/project.
  • Organizations can apply for funding simultaneously with different programs and projects provided that it keeps the grant and progress report deadlines.
  • The Foundation does not provide retroactive funding in case of already ended programs / projects.

The Hungary Initiatives Foundation does not provide funding for:

  • Activities outside the Foundation’s policy focus areas;
  • Personal needs;
  • Debt or mortgage payment;
  • Business assistance;
  • General operational expenses, beyond the approved level of overhead;
  • Institutions that discriminate on the basis of race, creed, gender, national or ethnic origin, age, disability or sexual orientation in policy or in practice;
  • Equipment purchases, unless part of a community outreach program or a program designed to provide such assistance;
  • Lobbying, electioneering, or political activities; and
  • Any litigation that is underway, contemplated, or completed.

Prohibited use of assets and grants

Notwithstanding any of the foregoing, Foundation assets, including the grants provided by the Foundation to any Grantee, are strictly prohibited from being used to carry on propaganda, or attempt to influence legislation or the outcome of any public election, or to undertake any “political activities” as defined under the Foreign Agents Registration Act, 22 U.S.C. § 611(o).  Foundation assets may not be used to support any organization that is registered under FARA.