Founded in 1953, The Rákóczi Association was established as an organization dedicated to maintaining Hungarian cultural traditions in Canada and helping Hungarian-Canadians establish roots in their adopted homeland. In 1976, after an official name change, the Association became the Rákóczi Foundation. The Foundation turned its focus to education, first, by exposing Canadians to Hungarian culture and history and the impact of Hungarian immigrants on the development of Canada; and second, by helping students in their pursuit of Hungarian language, culture and history education. The Foundation is a pillar of the community in its commitment to students through scholarship programs and grants, support of conferences at the University of Toronto and publications.