[4] The Mumbai Marathi Grantha Sangrahalaya was established in 1898 by Mukund Balkrishna Gurjar, Narhar Mahadev Joshi, Shridhar Balaji Modak, Anant Neelkanth Pithkar, Vinayak Balwant Joshi, Narayan Krishna Gadre, Shankar Hari Shejwalkar, Narayan Mahadev Bakre, Vitthal Vasudev Tillu, Ganesh Laxman Page and Ambadas Gopal Puntambekar.

On 10 March 1959, the central library and office building of the organization at Naigaon, Dadar was inaugurated by the Prime Minister of India, Pandit Jawaharlal Nehru.

[2] The Mumbai Marathi Grantha Sangrahalaya is funded by the Brihanmumbai Municipal Corporation (BMC) and the State Government of Maharashtra.

Fourteen of these receive approx Rs 1 lakh each from the Brihanmumbai Municipal Corporation, But the Maharashtra government contributes even less to each library.

Nationalist Congress Party chief and former Union minister Sharad Pawar have headed the library for 28 years after being elected as the president unopposed.

[2] Pawar won as president in the election held in October 2021, defeating his opponent, Dhananjay Shinde, the general secretary of Aam Aadmi Party's Maharashtra state unit.