The man who introduced United Way and the 1% tax aid system

Issues

Non-profit organization United Way Hungary is urging individuals to keep in mind that under a 1996 tax law it was instrumental in establishing, 1% of income taxes can be allocated and donated to a charity of your choice.

When Richard N. Aft came to Budapest 25 years ago, he helped establish the first United Way office in Hungary, expanding the United Way Worldwide network. “He also took the initiative and coached Hungarian government officials to adopt a formula similar to what was used in the United States to encourage individual charitable giving,” the charity said. “To this day, the 1% Law remains extremely important for the sustainability and development of the Hungarian civil society. We are proud to have made such a significant contribution to the development of the civic sector in Hungary.” Aft is now retired, and residing in Ohio.

United Way Hungary says it works to instill positive change and development throughout the community. By enabling volunteers in “take action” initiatives and supporting local NGOs, the organization facilitates education and hands-on learning for young people with disadvantages. Operating to high global standards, United Way Hungary says it guarantees absolute transparency of all donations.

“Your donation will support programs and initiatives in Hungary that help children and youth gain equal chances to obtain the skills and competencies needed to meet the challenges of life in the 21st century and become responsible adults,” said United Way Hungary CEO Kincső Adriány.

To learn more about donating to United Way Hungary, visit their website here.

ADVERTISEMENT

Czech economic confidence weakens in September Analysis

Czech economic confidence weakens in September

Parl't extends pandemic legal provisions Parliament

Parl't extends pandemic legal provisions

Energy Efficiency: End-users, Energy Traders and Other Stake... Inside View

Energy Efficiency: End-users, Energy Traders and Other Stake...

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.