Founded in Poznań in 2003. Its originator and principal founder is Michał Merczyński. The board is comprised of Karol Działoszyński (chairman), Małgorzata Dziewulska, Grażyna Kulczyk, Tomasz Kwieciński and Piotr Voelkel.
The foundation's goal is the promotion of culture; it also fosters the creation of exceptional artistic developments. The foundation's name comes from the Malta International Theatre Festival (now the Poznań Malta Festival), ongoing since 1991. This is the most important event organized by the foundation.
The foundation has operated in close partnership with the City of Poznań for many years, through the organization of the biggest cultural event in the city (the Malta Festival) as well as numerous concerts.