Foundation cofounded in 1951 by the well-known trance medium Eileen Jane Garrett (1892-1970) and Congresswoman Frances Payne Bolton (1885-1977), who was its financial backer. It was to be a “nonprofit educational organization to support impartial scientific inquiry into the total nature and working of the human mind and to make available the results of such inquiry.”
The Parapsychology Foundation gives financial support through grants for both qualitative and quantitative scientific research in both held and laboratory settings. A parapsychology research scholarship is annually awarded to a college-level student for studies in parapsychology. In 1953, the foundation began to sponsor an annual international and interdisciplinary conference during which invited participants would present formal papers and discuss some parapsychological theme. The foundation publishes the Proceedings of these conferences as well as a series of Parapsychological Monographs. The foundation published the bimonthly Parapsychology Review (which replaced its Newsletter of the Parapsychology Foundation and The International Journal of Parapsychology [ 1959-1968]) between 1970 and 1990 and the magazine Tomorrow from 1952 to 1962.