First Hungarian Literary Society Inc is a private foundation focused on Arts, Culture & Humanities, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.1M in total assets. In 2024, it made $118K in qualifying distributions. Net investment income was $109K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.1M
+0.4% YoY
Revenue
$184K
+6.3% YoY
Qualifying Distributions
$118K
Expenses
$188K
+4.3% YoY
Under IRS private-foundation payout rules, First Hungarian Literary Society Inc reported a distributable amount of $253K for 2024 — the minimum it must pay out in qualifying distributions.
About First Hungarian Literary Society Inc
Based on IRS filings
First Hungarian Literary Society Inc is a private foundation focused on Arts, Culture & Humanities, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.1M in total assets. In 2024, it made $118K in qualifying distributions. Net investment income was $109K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,102,085 | $12,059,341 | $12,037,838 |
| Revenue | $184,063 | $173,164 | $19,362 |
| Expenses | $187,903 | $180,190 | $146,718 |
| Qualifying Distributions | $117,769 | — | — |
| Net Investment Income | $109,149 | $170,871 | $17,563 |
| Distributable Amount | $253,179 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRED LEVINE | Secretary | 20 | — |
| LOUIS ALLAN | President | 20 | — |
| JULIET GLUCK | Treasurer | 20 | — |
| EDINA ZSARNAI | Vice President | 20 | — |
| VERA LOEWY | Chairman | 20 | — |
| SUSAN LEVINE | Secretary | 20 | — |
| VERONICA HAVAS | Trustee | 20 | — |
| LIZ SUGAR | Chairman | 20 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is First Hungarian Literary Society Inc?
First Hungarian Literary Society Inc is a private foundation focused on Arts, Culture & Humanities, based in NEW YORK, NY. It holds $12.1M in total assets as of 2024.
How large is First Hungarian Literary Society Inc?
As of 2024, First Hungarian Literary Society Inc holds $12.1M in total assets with $184K in annual revenue.
How much is First Hungarian Literary Society Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, First Hungarian Literary Society Inc reported a distributable amount of $253K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is First Hungarian Literary Society Inc's EIN?
First Hungarian Literary Society Inc's EIN (Employer Identification Number) is 13-3844615. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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