 It had been the tradition of the Sociedad to elect the First Lady of Argentina as president of the charity . But the ladies of the Sociedad did not approve of Eva Perón 's impoverished background , lack of formal education , and former career as an actress . Fraser and Navarro write that the ladies of the Sociedad were afraid that Evita would set a bad example for the orphans , therefore the society ladies did not extend to Evita the position of president of their organization . It has often been said that Evita had the government funding for the Sociedad cut off in retaliation . Fraser and Navarro suggest that this version of events is in dispute , but that the government funding that had previously supported the Sociedad now went to support Evita 's own foundation . The <unk> María Eva Duarte de Perón was created on 8 July 1948 . It was later renamed to , simply , the Eva Perón Foundation . Its funding began with 10 @,@ 000 pesos provided by Evita herself . 
