ˈɛkzɐsˌɪbæʃi wʌz wˈʌn ʌvðə pɹˈɪnsɪpəl fˈaʊndɚz ʌvðɪ ˌɪstˌænbˈʊl faʊndˈeɪʃən fɔːɹ kˈʌltʃɚ ænd ðɪ ˈɑːɹts, wˌɪtʃ wʌz ɪstˈæblɪʃt ɪn nˈaɪntiːnhˈʌndɹɪd sˈɛvənti θɹˈiː ɔnðə fˈɪftiəθ ˌænɪvˈɜːsɚɹi ʌvðə tˈɜːkɪʃ ɹᵻpˈʌblɪk.
Eczacıbaşı was one of the principal founders of the Istanbul Foundation for Culture and the Arts, which was established in 1973 on the 50th anniversary of the Turkish Republic.