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Hungarian-American Enterprise Scholarship Fund

Profile

Last Updated: 2016-07-28

At A Glance

Hungarian-American Enterprise Scholarship Fund

300 Fore St.

Portland, ME United States 04101-4110

Telephone: (207) 553-4194

URL: www.haesf.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-09-30)

Assets: $4,997,859

Total giving: $851,162

EIN

200490204

BRIDGE Number

1333867983

Additional Contact Information

Contact for application, acceptance and pre-departure information and questions: Karoly Kopasz, Andrassy ut 61., I/5, Budapest 1062, Hungary, tel.: (36-1) 413-0018, fax: (36-1) 413-0019, e-mail: info@haesf.org; Contact for Fellowship placement questions and support-related issues: Maggie Ivanova at Portland, ME, address, tel., fax and e-mail

Purpose and Activities

Giving to promote free enterprise and development in Hungary and to continue to strengthen ties between the United States and Hungary by creating opportunities for accomplished Hungarians and those of great promise to gain professional experience in the United States.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Entrepreneurship Development Program

Endowed by U.S. Treasury funds, this program grants fully funded four to six month traineeships at prominent American companies to the most accomplished young talent from Hungary. The goal of the program is to provide promising future entrepreneurs of Hungary an opportunity to have a meaningful international training experience, with the intention of enhancing their contribution to their home country and its development upon their return. Selected participants will be placed in traineeships that further their professional and personal development, provide them with leadership and entrepreneurial acumen, improve their English language acquisition, and help them grow their businesses as they return to their home country. See web site for additional information.

Grants to Individuals Program

Scholarships, fellowships, awards and exchange programs between the U.S. and Hungary to outstanding individuals for the senior leaders and scholarship fellowship and for the professional internship programs.

Professional Internship Program

Endowed by U.S. Treasury funds, this program grants fully funded six to twelve month internships at prominent American companies to the most accomplished young talent from Hungary. The goal of the program is to provide promising future leaders of Hungarian society an opportunity to have a meaningful international training experience, with the intention of enhancing their contribution to their home country and its development upon their return. Selected Fellows will be placed in career-related internships that further their professional and personal development, provide them with leadership and cross-cultural communication skills, improve their English language acquisition and help them advance as they attend graduate school and enter the work force at home. See web site for additional information.

Senior Leaders & Scholars Fellowship

Endowed by U.S. Treasury funds, this program provides fully funded three to twelve month long Fellowships to accomplished professionals and leaders from Hungary. The program provides significant funding to distinguished mid-level and senior-level Hungarian professionals in business, public administration, research, non-profit organizations and academia enabling them to pursue independently organized projects in the United States. At the heart of the program, it is meant to foster the exchange of ideas between Hungarians and Americans and to stimulate international collaboration and research efforts. It promotes interchange, mutual enrichment, and experiential sharing, further strengthening ties between the nations and providing invaluable career and personal development opportunities for participants to leverage in their leadership roles upon their return to Hungary. See web site for additional information.

Fields of Interest

Subjects
  • Education
  • Goodwill promotion

Financial Data

Year ended 2014-09-30

Assets: $4,997,859 (market value)

Expenditures: $976,511

Total giving: $851,162

Qualifying distributions: $1,396,771