The Foundation was created on 1 March 2007. FBK inherits the activities of the Istituto Trentino di Cultura, which was based on the ideas of Bruno Kessler, a long-time member of the local government and founder of the University of Trento.
Established by a law of the Autonomous Province of Trento, FBK operates as private entity. It receives strong financial support from the province through yearly budget agreements.

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