The Mathias Corvinus Collegium (MCC) foundation in Hungary has been dissolved by a decision of the Tisza government, effective July 31st. The foundation, which received substantial state funding in recent years—reportedly a disproportionate share of the higher education budget—is no longer operational. This dissolution raises questions about the future of the assets held within the foundation. These assets include stakes in major Hungarian companies such as MOL, Richter, Libri, and Mandiner. The ultimate fate of these holdings remains unclear and will be decided soon. The government’s decision follows a period of significant investment in the MCC, suggesting a strategic shift in resource allocation within the country’s higher education system. Observers await further details on how the dissolved foundation’s wealth will be redistributed.

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