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Reka Darida Foundation
New York, NY · EIN 852568150 · Form 990PF · FY2025 · NTEE A24 · Arts, Culture & Humanities · Large ($10M-$50M)
revenue
$12.3M
expenses
$2.2M
net assets
$32.1M
employees
—
profile · synthesized from sources

The Reka Darida Foundation is a New York-based private foundation focused on supporting arts, culture, and Hungarian heritage initiatives. It primarily funds organizations and individuals engaged in folk art, music, opera, cultural festivals, and related programming. The foundation makes grants to both institutions and individual artists across the United States and internationally.

named programs · 5 · from sources

What they call their work

CLICK! A Kertesz Opera
Individual grant-funded opera project supporting artistic expression in Hungarian-American communities
Enemies of the People
Individual grant-funded artistic project exploring Hungarian-American narratives
Hungarian Heritage Festival AZ
Cultural festival in Arizona promoting Hungarian traditions and community engagement
Hungary L!ve Festival
Annual festival celebrating Hungarian culture through art and music, supported by multi-year grants
Resonant Diaspora: A Transatlantic Folk-Modern Composition Initiative
Supports folk-modern musical compositions bridging Hungarian and American traditions
activities · 7 groups

What they do

  • Performing Arts Production Support 3 activities
    • Funding a Hungarian heritage concert
      Provides support to Wallingford Symphony Society Inc for the 2026 Wallingford Symphony Orchestra's Hungarian Heritage Concert.
    • Funding the "CLICK! A Kertesz Opera" project
      Awards a grant to Steven Bramson to support the production and realization of the "CLICK! A Kertesz Opera" project.
    • Funding the 2025 American Liszt Society conference
      Supports The American Liszt Society by providing funding for its 2025 conference.
  • Historic Preservation Support Grants 1 activity
    • Funding "The Wild Saints of Emeric Park" literary project
      Awards a grant to Grant W Currier to support the development of "The Wild Saints of Emeric Park: Hungarian American Lives in Fiction".
  • Private K–12 School Support 1 activity
    • Funding rent support for a Hungarian school
      Grants support to the Hungarian Parent Teacher Association (HPTA) to cover rent expenses for a Hungarian school.
  • Human Rights Advocacy Funding 1 activity
    • Funding the "Enemies of the People" project
      Provides grant support to Erika Marozsan for the "Enemies of the People" project.
  • Art Museum Funding and Support 1 activity
    • Funding the "Glitches & Glory" digital art exhibition
      Supports Art Wall JCPowerhouse Arts & Wine Festival LLC for the exhibition "Glitches & Glory: The Digitally Rewired Art of David Szaude".
  • Artist Support Grants 1 activity
    • Funding the "Resonant Diaspora" music initiative
      Awards a grant to Julien Chang to support "Resonant Diaspora: A Transatlantic Folk-Modern Composition Initiative".
  • Uncategorized 4 activities
    • Funding folk art and real estate development programs
      Funds the Carpathian Foundation to support real estate development and professional programs in folk art.
    • Funding the Hungarian American Coalition gala event
      Provides a donation to the Hungarian American Coalition (HAC) to support its gala event.
    • Funding the Hungarian Heritage Festival AZ 2026
      Provides funding to The Hungarian Cultural Association of Phoenix for the organization and execution of the Hungarian Heritage Festival AZ 2026.
    • Funding the Hungary L!ve Festival
      Provides financial support to the Hungary Lve Art Foundation for the production of the 3rd annual Hungary L!ve Festival.
financials · form 990PF · fy2025
revenue
Total revenue$12.30M
Contributions & grants$12.01M98%
Program service revenue——
Investment income$298K2%
Other revenue—
expenses
Total expenses$2.19M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$280K
Grants paid out$226K
balance sheet
Total assets$32.34M
Cash—
Investments—
Liabilities—
Net assets$32.11M
6 years on record · 2020–2025 · YoY revenue -9.4%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
Monika Krausz Executive Director 50 $280K
board members · 1
  • Edward Schmidt — President, Director, Member
relationships · 12

Who they work with

  • Art Wall JCPowerhouse Arts & Wine Festival LLC Partner — Receives support for "Glitches & Glory: The Digitally Rewired Art of David Szaude".
  • Carpathian Foundation Partner — Receives grant funding for real estate development and professional programs in folk art.
  • Erika Marozsan Partner — Receives individual grant for "Enemies of the People" project.
  • Grant W Currier Partner — Receives individual grant for "The Wild Saints of Emeric Park: Hungarian American Lives in Fiction" project.
  • Hungarian American Coalition Partner — Receives gala donation.
  • Hungarian Parent Teacher Association HPTA Partner — Receives rent support for a Hungarian school.
  • Hungary Lve Art Foundation Partner — Receives support for the 3rd annual Hungary L!ve Festival.
  • Julien Chang Partner — Receives individual grant for "Resonant Diaspora: A Transatlantic Folk-Modern Composition Initiative".
  • Steven Bramson Partner — Receives individual grant for "CLICK! A Kertesz Opera" project.
  • The American Liszt Society Partner — Receives support for the 2025 ALS conference.
  • The Hungarian Cultural Association of Phoenix Partner — Receives funding for Hungarian Heritage Festival AZ 2026.
  • Wallingford Symphony Society Inc Partner — Receives support for the 2026 Wallingford Symphony Orchestra's Hungarian Heritage Concert.