ˈɛkzɐsˌɪbæʃi wʌzðə fˈɜːst pɹˈɛzɪdənt ʌvðə tˈɜːkɪʃ ˌɛdʒuːkˈeɪʃənəl faʊndˈeɪʃən, ɪstˈæblɪʃt ɪn nˈaɪntiːnhˈʌndɹɪd sˈɪksti sˈɪks tə pɹəvˈaɪd skˈɑːlɚʃˌɪps fɔːɹ jˌuːnɪvˈɜːsᵻɾi ænd ɡɹˈædʒuːət stˈuːdənts.
Eczacıbaşı was the first president of the Turkish Educational Foundation, established in 1966 to provide scholarships for university and graduate students.