The establishment of the foundation was finally prepared in 1967–68, and approved by the municipal council of Vienna in 1969.
The board of trustees, which holds an ordinary meeting in spring and autumn, decides on funding in accordance with the foundation's purpose.
[3] The foundation publishes the Gesamtausgabe (complete edition) of Berg's works.
It is based on all the available surviving sources, in particular the autograph scores and the printed works approved by the composer.
[4] The Alban Berg Monument, funded by the foundation, and designed by Wolf Dieter Prix and Sophie C. Grell of Coop Himmelb(l)au, was erected in 2016 in front of the Vienna State Opera.