It is a significant scientific institution of the Coptic Church. It was founded in 1998 by Fawzy Estafanous, former Chairman, Division of Anesthesiology and Critical Care Medicine, Cleveland Ohio, who is known for having built one of the foremost cardiac anesthesiology departments in the USA. The main task of the St. Foundation is to write an up-to-date history of and in Egypt.

It organizes every other year an international symposium on and in one region that is followed by a publication such as a volume on “ and in the Fayoum Oasis,” and another on “ and in Upper Egypt. Volume 1: and Sohag,” Cairo: American University Press, 2005, 2008.

One of the foundation’s important goals is to promote an awareness of the Coptic heritage in Egypt and all over the world as well. A number of books in Arabic on the history of and its monuments in several Coptic dioceses appeared such as “ and Its Monuments in Aswan and ,” Cairo, 2003. Moreover, it plays an instrumental role in the ongoing project “The Coptic Cultural Center” of the at Ruwais. The foundation cooperates with Shenouda the Archimandrite Coptic Society in many cultural activities.