The institute was founded in 1921, as the Institute for Theoretical Physics of the University of Copenhagen, by the Danish theoretical physicist Niels Bohr, who had been on the staff of the University of Copenhagen since 1914, and who had been lobbying for its creation since his appointment as professor in 1916. On the 80th anniversary of Niels Bohr's birth – October 7, 1965 – the Institute officially became the Niels Bohr Institute. Much of its original funding came from the charitable foundation of the Carlsberg brewery, and later from the Rockefeller Foundation.