The foundation was established by Agder University College and Kristiansand Cathedral School in 2004.
These institutions are the owners of the Wennesland Collection.
The purpose of the foundation is to secure that the collection is:
- Maintained and added to
- Preserved, in order to expose it more generally to the public
- Made well known locally, nationally and internationally
- Included in a wider cooperation with European and American institutions
- Part of teaching programmes and research, based on the social, political and cultural factors
that were the backdrop of the Beat Generation