 In March 1976, an administrative committee decided that the purpose of the endowment would be to promote the study of Andrić's work, as well as art and literature in general.The Ivo Andrić Endowment has since organized a number of international conferences, made grants to foreign scholars studying the writer's works and offered financial aid to cover the publication costs of books relating to Andrić.An annual yearbook, titled "Sveske Zadužbine Ive Andrića" (The Journals of the Ivo Andrić Endowment), is published by the organization.