The Ignota Foundation was officially established in 2015. However its founder began granting scholarships privately in 2014. Feeling grateful for his own success, the founder of Ignota set out to make a difference to the lives of other young people in the UK. He built the foundation on the principles of giving and receiving. As such, the foundation strives to give young people the opportunity to succeed without making them feel beholden to anyone. The founder of Ignota has chosen to remain anonymous, as have all of the donors.
The foundation is supported by several trustees who work with the schools during the various selection stages and are responsible for monitoring the progress and evaluating the process. Trustees of Ignota Foundation include Harry Blain, founder of art gallery Blain|Southern, educator Ben Yourd and former Christie’s Vice President, Guy Bennett.