The South Karelia Regional Fund was founded in 1962. As one of the Finnish Cultural Foundation's 17 regional funds, it is devoted to promoting and developing the arts, the sciences, and other fields of endeavour in South Karelia - by providing grants and awards, and organising other activities in the 9 municipalities in the region.

Grants form the most important aspect of the Fund's activities. Applicants born in the region are given priority when awarding grants, as is scientific or artistic work carried out in or covering the region, together with major regional cultural projects.

The South Karelia Regional Fund comprises a General Fund and bequest- and donation-based donor funds. Grants made from the latter are directed towards areas specified by the donor. Areas not covered by this procedure are supported from the general funds.

The Fund's activities and decision-making are impartial and not linked to political parties or other organisations or associations. Grants made by the Fund are decided by an Administrative Council that reflects a wide range of expertise and knowledge in the arts, the sciences, society, and business in the region.