iThe foundation was set up in 2004 by Basil and Marina Theocharakis and opened to the public in December 2007 with a Spyros Papaloukas retrospective. It occupies the Rentis Building, an eclectic interwar design by Vassilis Tsagris, at the corner of Vasilissis Sofias Avenue and Merlin Street. It runs temporary exhibitions across several floors and has an art shop and a cafe.

Archive show on architect Christos Papoulias (d. 2024), with drawings, models and his dialogue with artists such as Jannis Kounellis and Brice Marden.

Kylie Manning's first institutional solo show in Greece, with new works and loans, on the foundation's second floor.