The Rákóczi Foundation of Canada is established.

In 1976, after a change in name, the Rákóczi Association of Canada becomes the Rákóczi Foundation of Canada. Since then, the primary goal of the Foundation has been “the preservation of Hungarian identity, worldwide, in young people of Hungarian heritage” by providing assistance for students. The Foundation facilitates interest in, and the study of, Hungarian culture by providing scholarships, grants and organizing university conferences for students.