In 1994, the 29th Karlovy Vary IFF inaugurated an entirely new tradition. After nearly forty years of alternating with the Moscow IFF, the festival began once again to take place every year. The Karlovy Vary Film Festival Foundation was set up in 1993 co-created by the Ministry of Culture, The City of Karlovy Vary, and the Grand Hotel Pupp. Actor Jiří Bartoška was invited to be the festival's president, and Eva Zaoralová became program director in 1995. Since 1998, the organization of the festival has been carried out by Film Servis Festival Karlovy Vary, a joint stock company.