The Italian Minister of Foreign Affairs and the United States Ambassador to Italy are honorary presidents of the commission.
The United States Department of State, the Bureau of Educational and Cultural Affairs, and the Italian Ministry of Foreign Affairs, General Directorate for Cultural Promotion and Cooperation and General Directorate for the Americas, ensure financial coverage and jointly manage the program.
It organizes and sponsors cultural and educational activities with both a national and international outreach and offers an Information Service on the Fulbright Program and on study and research opportunities in both the United States and Italy.
[2] The program operates in more than 155 countries worldwide, with approximately 294,000 participants awarded over the course of 60 years.
Awards vary between study programs, research or teaching in the United States and other participating countries.