Francesco Balsano Foundation, formerly Andrea Cesalpino Foundation, was founded in 1985 and its constitutive act was approved by the President of the Italian Republic with D.P.R. 991 of 9 August 1986. Fondazione Francesco Balsano is a non-profit institution with the status of a Moral Entity under the control of the Ministry of University and Scientific Research-MIUR. 

In accordance with its Constitutive Act, Francesco Balsano Foundation promotes scientific research particularly in the field of clinical and experimental investigations. The Foundation pursues this aim mainly through the conferment and funding of research assignments to be performed at universities and clinics of the Italian Republic. The Foundation can stipulate agreements to promote scientific research in the biomedical field. The activity of Francesco Balsano Foundation has exclusively the nature of public utilities, excluding any finality of profit.