Current form of several public foundations to be terminated in Hungary
Significant changes are ahead for public foundations in Hungary. According to a government decision, several organizations, including the Mathias Corvinus Collegium (MCC), the Batthyány Lajos Foundation, and the Blue Planet Foundation, will cease to operate in their current form as of August 31.
The announcement was made by Prime Minister Péter Magyar, who emphasized that the decision is aimed at restructuring the foundations. The purpose of these changes is to make the use of public funds more efficient and to make organizational structures more transparent in the future.
The affected foundations have received significant state support in recent years and have funded numerous educational, research, and environmental projects. Under the current decision, the legal framework of their operations will fundamentally change following the August deadline.
Further information regarding the details of the government decision and the potential establishment of successor organizations is expected in the coming weeks. According to experts, the move is part of a comprehensive reform of the public foundation sector, the effects of which will be felt by both the staff of the affected institutions and the participants of the supported programs.