The Hong Kong Baptist University Foundation was established in early 2009 with a clear mandate to consolidate support from all sectors of society and to enhance the University's fundraising capabilities. The Foundation undertakes to secure more resources to sustain the University's development in every sphere in fulfillment of its mission of Whole Person Education.

The Foundation allocates donations in accordance with the donors' wishes to support the University's teaching, research, campus development, scholarships, bursaries, the internationalisation of campus, and so forth. Since its inception, the Foundation has been able to support the University in realising a number of visionary and innovative initiatives. These include the Institute of Creativity, the Mr. Simon Suen and Mrs. Mary Suen Sino-Humanitas Institute, the HKBU Jao Tsung-I Academy of Sinology, the Shum Yiu Foon Shum Bik Chuen Memorial Centre for Cancer and Inflammation Research, the Dr. Kennedy Y.H. Wong Endowed Chair of Chinese Medicine, etc. Under the Foundation, a number of development and research funds have been set up. They are prudently managed with the annual investment income appropriated to finance the University's various endeavours.

The Foundation offers membership to its benefactors. Membership is for life and all members are entitled to enjoy exclusive rights and privileges. The Board of Governors is the governing body of the Foundation, whose funds are managed and invested by the University administration.