Foundation Netherlands-Romania is registered with the Chamber of Commerce in The Netherlands and was legally founded in 1994, initially as a bilateral cultural organisation. The board was changed in 2001, when the Foundation was renewed and its objectives were adjusted to the new European context. Currently, the Foundation is being managed by a board of five people. The work is done by the board members, volunteers and temporary-hired assistants when needed. The funds of the foundation are gathered by subsidizing, sponsorship and donations.