Anastasios Leventis was born in Cyprus in 1902. He established one of the largest companies in West Africa and from 1966 served as Cyprus' honorary Ambassador and Permanent Delegate to UNESCO.
From the beginning, initially under the Chairmanship of Constantine Leventis and from 2002, under the current chairman, Anastasios P. Leventis, the aim of the Foundation was to support educational, cultural, artistic and philanthropic causes in Cyprus, Greece and elsewhere. The range and direction of its activities were based on the philanthropic interests of the founder. In Cyprus, Greece and other parts of Europe, there has been a focus on culture and education with a special emphasis on the cultural heritage of Cyprus. This is particularly significant because of the immense destruction of the cultural heritage of the island caused by the Turkish Invasion of 1974 and its aftermath.