According to its code of bylaws, the Romanian Academy, Romania’s highest cultural forum, has several main objectives: cultivation of the national language and literature, study of the national history, research into major scientific domains, and promotion of democratic and ethical principles of free communication of ideas in Romanian sciences, arts and letters.
The Romanian Academy is incorporated and functions autonomously. Its activity is financed by the state, as well as by donations, legacies and other funds earmarked for the accomplishment of academic goals. The Academy administers its assets independently.