The full name of the foundation is Martin Andersen Nexø Fonden. It was established in 1952 and has its funds from a portion of the royalties generated by the authorship.

It was founded by a circle of friends (i.e. friends of Nexø).

The primary purpose of the foundation is to contribute to the dissemination of and knowledge of Martin Andersen Nexø's writings.

CVR number: 11654177