ðə "dˈɑːktɚ. nˈɛdʒæt ˈɛf. ˈɛkzɐsˌɪbæʃi faʊndˈeɪʃən", ɪstˈæblɪʃt baɪ hˌɪm ɪn nˈaɪntiːnhˈʌndɹɪd sˈɛvənti ˈeɪt, pɹəvˈaɪdz skˈɑːlɚʃˌɪps fɔːɹ tˈæləntᵻd mjuːzˈɪʃənz, ˈænjuːəl sˈɪnəmə ænd ɡɹˈæfɪk ˈɑːɹts ɐwˈɔːɹdz ænd ɡɹˈænts tə pˈʌblɪk skˈuːlz ænd ˈɪnstɪtˌuːts fɔːɹ saɪəntˈɪfɪk ɹᵻsˈɜːtʃ.
The "Dr. Nejat F. Eczacıbaşı Foundation", established by him in 1978, provides scholarships for talented musicians, annual cinema and graphic arts awards and grants to public schools and institutes for scientific research.