(MTI) - The foundation is discontinuing its activity, but it is not terminating its presence as a legal entity, Nagy said, adding that the board had resigned in December 2007.
The SFH closed its office and turned over its equipment to other, similar foundations.
The foundation was set up in 1984 by financier George Soros and had donated some 150 million US dollars to promoting new social institutions in Hungary, MTI learnt from SFH's home page. The organisation acted as a catalyst in the political transformation of the late 1980's and supported cultural, social, health and educational initiatives after 1989.
The Soros network's Open Society Institute and Central European University will continue to operate.
The SFH closed its office and turned over its equipment to other, similar foundations.
The foundation was set up in 1984 by financier George Soros and had donated some 150 million US dollars to promoting new social institutions in Hungary, MTI learnt from SFH's home page. The organisation acted as a catalyst in the political transformation of the late 1980's and supported cultural, social, health and educational initiatives after 1989.
The Soros network's Open Society Institute and Central European University will continue to operate.
