Hungarian-American Enterprise is a private foundation focused on Education, based in SOUTH PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. Net investment income was $1.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+25.8% YoY
Revenue
$1
-96.6% YoY
Net Investment Income
$1
-96.6% YoY
Expenses
$7K
-15.9% YoY
Under IRS private-foundation payout rules, Hungarian-American Enterprise reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.
About Hungarian-American Enterprise
Based on IRS filings
Hungarian-American Enterprise is a private foundation focused on Education, based in SOUTH PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. Net investment income was $1.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,365,194 | $1,085,517 | $1,090,332 |
| Revenue | $1 | $29 | $15 |
| Expenses | $6,648 | $7,909 | $6,431 |
| Qualifying Distributions | — | $4,844 | $4,661 |
| Net Investment Income | $1 | $29 | $15 |
| Distributable Amount | $68,123 | $55,490 | $55,732 |
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 |
|---|---|---|---|
| Ryan M Schwarz | Chairman & Director | 2 | — |
| Andras Simonyi | Director | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hungarian-American Enterprise?
Hungarian-American Enterprise is a nonprofit organization focused on Education, based in SOUTH PORTLAND, ME. It holds $1.4M in total assets as of 2024.
How large is Hungarian-American Enterprise?
As of 2024, Hungarian-American Enterprise holds $1.4M in total assets with $1 in annual revenue.
How much is Hungarian-American Enterprise required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hungarian-American Enterprise reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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