List of Public Trust Funds Performing a Public Function 21 May 2021
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List of Public Trust Funds Performing a Public Function 21 May 2021 1. Budapesti Gazdasági Egyetemért Alapítvány • Objective: Exercising the ownership and maintenance rights of the Budapest University of Economics (Budapesti Gazdasági Egyetem), higher education, research, talent management through the university. • Board of Trustees: First members are to be appointed by the Minister of Education;1 their identities are yet to be published. After August 1, 2021, appointment rights are transferred to the Board of Trustees.2 • Rights of the Founder: In the course of establishing the Foundation, the Minister of Education exercises the rights of founder3 which are to be transferred to the Board of Trustees from August 1, 2021.4 2. Dunaújvárosi Egyetemért Alapítvány • Objective: Exercising the ownership and maintenance rights of the Dunaújváros University of Economics (Dunaújvárosi Egyetem), higher education, research, talent management through the university. • Board of Trustees: First members are to be appointed by the Minister of Education;5 their identities are yet to be published. After August 1, 2021, appointment rights are transferred to the Board of Trustees.6 • Rights of the Founder: In the course of establishing the Foundation, the Minister of Education exercises the rights of founder7 which are to be transferred to the Board of Trustees from August 1, 2021.8 3. Gróf Tisza István Debreceni Egyetemért Alapítvány • Objective: Exercising the ownership and maintenance rights of the University of Debrecen (Debreceni Egyetem), higher education, research, talent management through the university. • Board of Trustees: First members are to be appointed by the Minister of Education;9 their identities are yet to be published. After August 1, 2021, appointment rights are transferred to the Board of Trustees.10 • Rights of the Founder: In the course of establishing the Foundation, the Minister of Education exercises the rights of founder11 which are to be transferred to the Board of Trustees from August 1, 2021.12 4. Hauszmann Alapítvány • Objective: Maintenance of the cultural heritage of Alajos Hauszmann, education, cultural programs. • Board of Trustees: First members are to be appointed by the Minister for Cultural Heritage,13 their identities are yet to be published. • Rights of the Founder: To be transferred to the Foundation in the Articles of Foundation.14 1 Given that the Foundation is founded until August 1, 2021. That seems to be the scenario the lawmaker envisioned as the amendment of the provisions re. the appointment are included in the original text of the Act, not introduced later as an amendment. See § 1 (3) and §§ 7-9. of Act X of 2021. 2 § 1 (4) of Act X of 2021. effective from August 1, 2021. 3 § 1 (3) of Act X of 2021. 4 § 1 (4) of Act X of 2021. effective from August 1, 2021. 5 Given that the Foundation is founded until August 1, 2021, see above. 6 1. § (4) of Act XI of 2021. effective from August 1, 2021. 7 § 1 (2) of Act XI of 2021. 8 § 1 (4) of Act XI of 2021. effective from August 1, 2021. 9 § 1 (5) of Act XIII of 2021, given that the Foundation is founded until August 1, 2021, see above. 10 1. § (4) of Act XIII of 2021. effective from August 1, 2021. 11 § 1 (2) of Act XIII of 2021. 12 § 1 (4) of Act XIII of 2021. effective from August 1, 2021. 13 § 1 (2) of Act XIV of 2021. 14 § 1 (3) of Act XIV of 2021. 5. Jövő Nemzedék Földje Alapítvány • Objective: Conservation of cultivated land for future generations, ownership of the national stud farm conglomerate (Nemzeti Ménesbirtok és Tangazdaság Zrt.), agricultural education. • Board of Trustees: First members are to be appointed by the Minister for Social Policy Coordination,15 their identities are yet to be published. • Rights of the Founder: To be transferred to the Foundation in the Articles of Foundation.16 6. Közép-európai Épített Örökség Megőrző Alapítvány • Objective: Conservation of cultural and monumental heritage of Central Europe with Hungarian relevance, education, promotion. • Board of Trustees: President: Levente Magyar17, members: Gergely Jákli,18 Péter Kiss- Parciu,19 Pacsay-Tommasich Orsolya Márta dr,20 Zsolt Virág dr; all appointments are in force from February 26, 2021 without term limit.21 • Rights of the Founder: Vested with the Board of Trustees as per the amended Articles of Foundation.22 7. Közép-európai Oktatási Alapítvány • Objective: Establishment and operation of an institution with credentials to issue Middle Years Programme and Diploma Programme degrees as per the International Baccalaureate Organization, furthering cultural relations. • Board of Trustees: First members are to be appointed by the Minister for Foreign Affairs,23 their identities are yet to be published. • Rights of the Founder: To be transferred to the Board of Trustees in the Articles of Foundation.24 8. Maecenas Universitatis Corvini Alapítvány • Objective: Exercising the ownership and maintenance rights of the Corvinus University of Economics (Budapesti Corvinus Egyetem), higher education, research, talent management through the university. • Board of Trustees: President: Zsolt Hernádi,25 members: János Martonyi dr,26 Lánczi András dr,27 Dániel Palotai,28 László György dr.29; all appointments are in force from April 23, 2020 without term limit. • Rights of the Founder: Transferred to the Board of Trustees in the Articles of Foundation.30 15 § 1 (2) of Act XV of 2021. 16 § 1 (3) of Act XV of 2021. 17 Secretary of State, Ministry of Foreign Affairs and Trade, https://kormany.hu/kulgazdasagi-es-kulugyminiszterium/magyar- levente 18 CEO, Chairman of the Board of Directors, EXIM Hungary (the official export credit agency of Hungary, supervised by the Ministry of Foreign Affairs and Trade), https://exim.hu/en/exim-en/management 19 Deputy Secretary of State for Regional and Cross-border Economic Cooperation, Ministry of Foreign Affairs and Trade, https://kormany.hu/kulgazdasagi-es-kulugyminiszterium/helyettes-allamtitkarok 20 Secretary of State, Ministry of Foreign Affairs and Trade, https://kormany.hu/kulgazdasagi-es-kulugyminiszterium/pacsay- tomassich-orsolya 21 Court resolution no. Pk.60.060/2021/7. 22 § 1 (5) of Act XCIII of 2020. 23 § 1 (2) of Act CXLIII of 2020. 24 § 1 (3) of Act CXLIII of 2020. 25 Chairman of the MOL Group 26 Minister of Foreign Affairs during the first and second Orbán-governments 27 Among others, rector of Corvinus University, previous head of pro-government think-tank Századvég 28 Former executive director, Hungarian National Bank, member of the board of directors, IMF, https://www.mnb.hu/sajtoszoba/sajtokozlemenyek/2020-evi-sajtokozlemenyek/palotai-daniel-szemelyeben-eloszor-kerult- magyar-szakember-az-imf-donteshozo-testuletebe 29 State Secretary for Economic Strategy and Regulation of the Ministry of Innovation and Technology, https://www.uni- corvinus.hu/main-page/about-the-university/maecenas-universitatis-corvini-foundation/foundation-leadership/board-of- trustees/?lang=en 30 Court order no. 9.Pk.60.240/2019/6. 2 9. Magyar Agrár- és Élettudományi Egyetemért Alapítvány • Objective: Exercising the ownership and maintenance rights of the Hungarian University of Agricultural and Life Sciences (Magyar Agrár- és Élettudományi Egyetem), higher education, research, talent management through the university. • Board of Trustees: President: Sándor Csányi,31 dr; members: Zoltán Géza Bedő, dr;32 János Lázár dr;33 István Nagy dr;34 Péter Horn;35 all appointments are in force from April 4, 2021 without term limit. • Rights of the Founder: In the course of establishing the Foundation, the Minister of Information Technology exercises the rights of founder36 with a possibility to transfer those rights to the Board of Trustees.37 10. Magyar Kultúráért Alapítvány • Objective: Financing programmes of education and culture through a nonprofit Ltd. (Petőfi Irodalmi Ügynökség Nonprofit Kft.) • Board of Trustees: Yet to be appointed by the Minister of Culture.38 • Rights of the Founder: Mandatorily transferred to the Board of Trustees in the Articles of Foundation, appointment of members of the Board of Trustees remains with the minister.39 11. Magyar Táncművészeti Egyetemért Alapítvány • Objective: Exercising the ownership and maintenance rights of the Hungarian University of Dance (Magyar Táncművészeti Egyetem), higher education, research, talent management through the university. • Board of Trustees: Yet to be appointed by the Minister of Education.40 • Rights of the Founder: Mandatorily transferred to the Board of Trustees in the Articles of Foundation after August 1, 2021.41 12. Makovecz Campus Alapítvány • Objective: Development of human research opportunities, establishing a national educational and cultural center, development for teachers and healthcare workers, national identity. • Board of Trustees: Yet to be appointed by the Minister for Social Policy Coordination.42 • Rights of the Founder: Mandatorily transferred to the Board of Trustees in the Articles of Foundation with the appointment rights remaining with the Minister.43 13. Marek József Alapítvány • Objective: Exercising the ownership and maintenance rights of the University of Veterinary Medicine (Állatorvostudományi Egyetem), higher education, research, talent management through the university. • Board of Trustees: President: Gábor Náray-Szabó dr;44 members: István Bajkai dr,45 Sándor Fazekas dr,46 Gábor Márton Gönczi dr,47 Péter Tamás Sótonyi dr;48 all appointments in force since July 3, 2020 without term limit. 31 Chairman of the Board of Directors, Chairman, CEO, OTP Bank, https://www.otpbank.hu/portal/en/IR/CorporateGovernance/SeniorManagement 32 Member of the Hungarian Academy of Sciences 33 Minister of the Prime Minister’s Office (2014-2018), MP for Fidesz 34 Minister of Agriculture, 2018- 35 Member of the Hungarian Academy of Sciences 36 § 1 (5) of Act CXLII of 2020. 37 § 1 (4) of Act CXLII of 2020. 38 § 1 (4) of Act XVI of 2011. 39 § 1 (3) and (4) of Act XVI of 2011. 40 § 1 (4) of Act XVII of 2011. 41 § 1 (3) of Act XVI of 2011. 42 § 1 (4) of Act XVIII of 2021.