Established under an act of the Parliament (Act no. 7 of 1994), the Galle Heritage Foundation is a state organization committed to achieve following objectives:
Promote preservation, conservation and development of the Galle Fort together with its historic hinterland, as a heritage property
Promote interest among the residents of the Galle Fort in the preservation of the houses, and other heritage properties within the said Fort and its historic hinterland, and to educate such residents, on the conservation and preservation of the Galle Fort and its historic hinterland
Provide access to, and facilities for the enjoyment of the Galle Fort and its historic hinterland
promote the general welfare of the residents of the Galle Fort and its historic hinterland
acquire and hold property, movable or immovable, which may become vested in it under this Act or by virtue of any purchase, grant, gift, testamentary disposition or otherwise, and subject to any trusts attaching to such property, to sell, mortgage, lease, exchange or otherwise dispose of the same
erect, or cause to be erected, any building or structure on any land belonging to the Foundation, and to manage, maintain, repair, renovate, restore and conserve heritage properties
act as trustees in respect of any property within the Galle Fort and its historic hinterland, for the government or any individual or incorporate or unincorporate body
receive or collect gifts, grants, or donations, in cash or kind from local or foreign sources
to maintain, improve, repair and develop, public amenities within the Galle Fort and its historic hinterland
make, draw, accept, endorse, negotiate, buy, sell and issue, bill of exchange, cheques, promissory notes and other negotiable instruments and to open and maintain current, savings, and deposit accounts in any bank or banks
establish and maintain, educational institutions, museums, laboratories, research centers, observatories, places providing accommodation, and to conduct workshops, in furtherance of the objects of the Foundation
borrow, with or without security, moneys necessary for carrying out its objects