Saint Vendel Foundation


By virtue of this foundation deed, and on the lawful basis of Hungarian Civil Code 1959.évi IV. paragraphs 74/A-74/F(hereinafter referred to as Ptk.) as well as the non-profit organization law 1997.évi CLVI (hereinafter referred to as Khtv.) the Founder herewith constitutes and establishes a


for the purposes described in the second part of this foundation deed.


1. Founder:

Lajos Verasztó
address: 1052 Budapest, Bécsi utca 3.IV.30.

mother’s name: Horváth Margit

Name of foundation:

Bezeréd Saint Wendel Chapel Foundation ( in Bezeréd )
(hereinafter referred to as foundation)


1052 Budapest, Bécsi utca. 3.IV.30.

2. Purpose of the foundation:

2.1. The purpose of the foundation is display of activity for survival of Saint Wendel Chapel as a part of cultural inheritance built in1776 in village Bezeréd  and protection of the chapel as a part of cultural inheritance, development (improvement?) of its surroundings (environment) close to the chapel , making this cultural treasure acquainted to people.
Among the above-described purposes the foundation promotes, contribute to, help on   the under-mentioned ( following ) purposes:

  • full renovation and maintenance of the chapel
  • rebuilding ( redoing? ) of the garden round the chapel
  • rebuilding of the parking ground in front of the chapel
  • improvement of the accessibility and repairing of the road leading to the chapel
  • consecration and solemn (ceremonial ) reopening of the chapel for the public

2.2. To raise finances for attainment of purposes described in point 2.1. and fordevelopment and operation of WEB page to make chapel, as a cultural treasure acquainted to public

2.3. To establish cooperation with the local authorities and the regional development civil and economic societies, chambers.
2.4. The foundation acts according to the non-profit purpose given in point c) of the Khtv. paragraph 26:

Protection of the cultural inheritance


3. Foundation funds

3.1. Starting /founding funds of the foundation is 400.000- four hundred thousand HUF, that the founder puts at the foundation’s disposal by paying in full amount.
3.2. The foundation funds can be in bank account for HUF (Hungarian Forint ) and if any transfer came (happened) – in bank account for foreign currency further in movable property and in real assets.
3.3. The foundation is open for domestic and foreign organizations as well as for natural and legal entities to make offers.
The offers can be not only finances but non-financial support as well. Finances from these resources will be used for purposes described in the point 2 of the foundation deed.
3.4. The foundation opens a bank account selected by advisory board.

4. Administration of funds

4.1. The foundation keeps accounts for HUF and for foreign currency.
4.2. The advisory board appointed by the founder administers the foundation funds.
4.3. The founding (starting) funds – described in the point 2 of this foundation deed – and the further contributions paid into the foundation’s account will be use for the purposes of the foundation.
4.4. The advisory board allocates the foundation’s funds free – according to the law – and at the same time the advisory board is obliged to accumulate the administered funds by all means.
4.5. The advisory board may exercise entrepreneurial activity as well to realize the foundation’s purposes and the advisory board may decide for the foundation to take part in economic society respectively under the reservation that the entrepreneurial activity may be just secondary. The entrepreneurial activity of the foundation is allowed only for the realization of the non-profit purposes without risking them.
4.6. The foundation does not distribute the results accumulated in the economic activity, it allocates (invest in) for the activities described in point 2.
4.7. The foundation does not have any direct political activity , it’s organization is independent of parties and it does not support any of them. The foundation does not put up any candidate for the parliamentary, Budapest capital’s and any county’s elections.

4.8. In case the foundation’s yearly income exceeds five million forint the founder establishes a supervisory organization respectively for the article 1 of paragraph 10 from Khtv that is independent of the advisory board.

4.9. The foundation does not want to pursue investment-activity (activity of making investments) – that is an activity for getting security from the non-profit organizations funds , vagyoni értékű jog from partnership , real estate and other long-term investments for property – described in point k) of paragraph 26 Khtv


5. Trustee of the foundation:

5.1. The trustee of the foundation is the advisory board of three members.
5.2 Structure of the advisory board:
5.2.1. President of the advisory board:

Hencsei Kálmán
Address: H-1052 Budapest, Bécsi utca 3.IV.30.

mother’s name: Beleki Margit

5.2.2. Members of the advisory board:

Szijártó László
Address: H-8934 Bezeréd, Kossuth u.18.
mother’s name: Czimondor Ilona

 Gerencsér Cecília
Address: 8900 Zalaegerszeg, Erdész u. 74. fszt. 3.
mother’s name: Hencsei Margit 

6. Operating of the advisory board

6.1. The main executive organ of the foundation is the advisory board. In need/case it may employ or commission experts.

6.2. The president of the advisory board represents the foundation. The president of the advisory board signs for the foundation alone so that he writes his name alone next to the name of the foundation written, stamped or printed in advance.The president and one of the members of the advisory board together are have the right to make a draft.
6.3. The president and the members of the foundation may refund some costs for their activity in the foundation.
6.4. The advisory board has sessions as circumstances require but minimum once a year. The members must be invited with the communication of the agenda. There must be 15 days between mailing day of the invitation and day of the session of the advisory board. Anybody of the members has the right to ask discussion of any specified question of the agenda if he makes known his suggestion to the members at least 3 days before the session of the advisory board.
In case of irregular convocation of the advisory board’s session decision can be made only if all the members are present and nobody is against delivering. The president and any of the members can initiate convocation of the session. If the president does not convene the session within 14 days from the initiative the initiative member can convene it as well.
6.5. The session of the advisory board is capable of making decision if all the 3 members are present at the session. If all the members are present at the session they have the right to put down in the agenda new items and to discuss them in case the items were carried unanimously.
6.6. The session of the advisory board – except those written under point 6.7. – makes decision with majority of members present by open vote. In case of an even number of votes cast the president’s vote decides. The members vote with showing their hands.
6.7. The majority of members of 2/3 is required to the decision of financial obligation. The members’ unanimous vote is required in special cases described in this foundation deed.


7. Joining to foundation and support of the foundation:

7.1. The foundation is open, either home or foreign natural and legal entity may join.
7.2. For those who choose to join the foundation is required to recognise the purposes and the terms of the foundation.
7.3. The advisory board maintains the right to accept or turn down an application for joining the foundation.
7.4. Persons and organizations joined the foundation have the right to make proposal/suggestion referring the realization of the purposes of the foundation for the advisory board of the foundation
7.5. Support for the foundation itself does not mean joining the foundation.

8. Winding –up the foundation

8.1. The foundation winds up in cases written under Section 74/E of the Civil Code (Ptk. 74/E paragr.)


9. Closing provisions
Provisions of the Civil Code and the non-profit organization law 1997.évi CLVI. are authoritative/competent.

Budapest  October 20th, 2004.