Founded in 1993 by a group of eminent engineers, The Foundation receives, raises and provides funds for special IABSE activities, education programs, and other projects. The Foundation aims to donate knowledge and transfer technology to less developed countries by:
- Promoting self-construction;
- Offering on-site and web-based courses and advanced training;
- Sponsoring and financing prizes such as the outstanding Anton Tedesko Medal;
- Providing books and journals (i.e. the IABSE SEI – Structural Engineering International) to university libraries and supporting selected universities.