Hungarian-American Enterprise
Hungarian-American Enterprise is a private foundation focused on Education, based in Boston, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 1 grant totaling $63K. Net investment income was $1.
Hungarian-American Enterprise at a glance
In short: Hungarian-American Enterprise gave $63K across 1 grant in 2025 (avg $63K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $63,000
- Grants made (2025)
- 1
- Average grant
- $63,000
- Median grant
- $63,000
- Total assets
- $1,060,029
- -22.4% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Hungarian-American Enterprise funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was CIEE Inc ($63K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Hungarian-American Enterprise gives
- In 2025 it paid out 551% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $31K (2019) to $63K (2025). In 2025 it made 1 grant totaling $63K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CIEE Inc Boston, MA | Grant to develop and implement HAESF alumni programming. | $63,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,060,029 | $-225,519 | $83,196 | $63,000 | 1 | $79,646 | $1 | $14,461 |
| 2024 | $1,365,194 | $1 | $6,648 | — | — | — | $1 | $68,123 |
| 2023 | $1,085,517 | $29 | $7,909 | — | — | $4,844 | $29 | $55,490 |
| 2022 | $1,090,332 | $15 | $6,431 | — | — | $4,661 | $15 | $55,732 |
| 2021 | $1,867,403 | $2 | $1,593 | — | — | — | $2 | $104,111 |
| 2020 | $1,874,664 | $19 | $11,606 | — | — | — | $19 | $105,209 |
| 2019 | $1,860,916 | $30,058 | $92,612 | $30,852 | 13 | — | $30,058 | $100,692 |
Under IRS private-foundation payout rules, Hungarian-American Enterprise reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Hungarian-American Enterprise is led by Ryan M Schwarz, Chairman & Director on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ryan M Schwarz
Chairman & Director
On filings since 2019
2 hrs/week
No compensation reported
Andras Simonyi
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Former officers (4)
- Former: George D Gould (2019–2022) — Past Director
- Former: Tim Propp (2019–2022) — Past Treasurer, Secretary & CFO
- Former: Eriberto Scocimara (2019–2021) — Past Director
- Former: Robert C Odle Jr. (2019) — Past Counsel
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Hungarian-American Enterprise
How much does Hungarian-American Enterprise give each year?
Hungarian-American Enterprise gave $63K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is Hungarian-American Enterprise?
Hungarian-American Enterprise reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $80K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).
What is Hungarian-American Enterprise?
Hungarian-American Enterprise is a private foundation focused on Education, based in Boston, MA. It holds $1.1M in total assets as of 2025.
Where does Hungarian-American Enterprise operate?
Hungarian-American Enterprise has awarded grants in Massachusetts, Maine.
What is Hungarian-American Enterprise's EIN?
Hungarian-American Enterprise's EIN (Employer Identification Number) is 20-0490204. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 17, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Hungarian-American Enterprise funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Hungarian-American Enterprise's focus areas in our free grants database
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