Taste is a negative thing. Genius affirms and always affirms.

Franz Liszt

Support us

 
 

Why support the Liszt Academy?

 

It is hardly an exaggeration to say that the Liszt Academy is one of the most prestigious music teaching institutes in the world. Its mission is to provide the best and highest standard musical education to its students. As an institution running primarily with state support, the fulfilment of this costly mission would be impossible without the donations of business and private entities in today's challenging economy. It is only with these donations that the Liszt Academy can maintain its position among world-class music conservatories.

Music training at this high level is very expensive. Students receive one-on-one classes, they need to gain experience in playing in orchestras, ensembles, they play on valuable instruments, they need a special environment for practicing, they show their talent at international competitions. Your contribution provides students with the necessary funds to receive scholarships, and enables the Liszt Academy to improve its facilities.

Your contribution, of any amount, will make a difference for the Liszt Academy.

 
 

How to support the Liszt Academy?

 

1. GIVING TO THE LISZT ACADEMY THROUGH FOUNDATIONS AND MEMBERSHIP GROUPS:

Donations may be unrestricted or restricted, directed for specific purposes defined by the sponsor. Unrestricted contributions are especially valuable to the Liszt Academy, as they give the institution flexibility to use funds wherever the need is most urgent. The Liszt Academy reserves the right to earmark 10% of restricted donations as unrestricted. The Liszt Academy helps potential sponsors define the purpose of a donation by outlining current campaigns where financial help is most needed.

 

There are three foundations connected to the Liszt Academy:

1. Friends of the Liszt Academy Association and Foundation

The Friends of the Liszt Academy Association is a non-profit membership group, which was established with the purpose of supporting the Liszt Academy in 1997. It strives to preserve and to improve the competitiveness of this widely renowned institution. The Friends of the Liszt Academy Foundation operates hand in hand with the Association; Friends merged with the "Génie Oblige" Foundation in 2011, which had also been supporting the Academy of Music.

The main objective of the Friends of the Liszt Academy is to encourage students of the institution to develop artistically and professionally. The board meets three times a year to decide grants, supports for participation at international competitions and master classes, and funds for the purchase of instruments.

For more information, please, visit the official website: www.zakbk.hu
http://zakbk.hu/friends-of-liszt-academy-of-music

 

2. Liszt Academy Foundation

General Information:

Founder: Sándor Balassa, Kossuth Award-winning composer, retired professor at the Liszt Academy of Music

Main office: 1061 Budapest, Liszt Ferenc tér 8.

Registered: 16 September 1996, No.: 6298

VAT No.: 18156515-2-42

Account No.: 11707024 – 20378884

 

2. Legacies

The Liszt Academy can accept legacies as follows:

Residuary: a residuary legacy is the value remaining once all pecuniary legacies, debts, fees and other charges have been met. You can leave the whole or part of the residue to the Academy. The value of a residuary legacy is not affected by inflation.

Pecuniary: this is a legacy of a specific sum of money. You may want to request that it be linked to inflation in order for it to retain its value over the years.

Specific: a legacy need not be a sum of money. Instead, you can leave assets such as instruments, property, stocks, shares, library collections, artefacts or other valuables. Please do contact us to discuss your plans.

 

3. 1% tax

According to Hungarian law, those earning an income and paying income tax in Hungary can freely dispose of 1 per cent of their due income tax. If you consider the Liszt Academy worthy of your support, when making your annual tax declaration please offer this 1 per cent of your tax to go to one of the three foundations of the Liszt Academy.

 

4. Endowment

The Génie Oblige Foundation has established an endowment fund. The endowed asset is kept intact and only the income generated by it is spent supporting the Liszt Academy. Its successor in title, the Friends of the Liszt Academy Foundation, continues its work without change.

 

Sponsorship

Contact:

Júlia Torda
Director of Communications
kommunikacio[dot]lisztacademy.hu