The Association Trustfonds Erasmus University Rotterdam, “Het Trustfonds”, is the legal successor of the Association that founded the Nederlandsche Handels-Hoogeschool in 1913. From 1939 the name was Nederlandsche Economische Hoogeschool (NEH). On 1 February 1973, the NEH and the Medical Faculty, which started in 1966, formed the Erasmus University Rotterdam (EUR).

In 2016 it was decided to split the Erasmus University Rotterdam Trust Fund Association into a foundation (Erasmus Trust Fund Foundation) and an association (Erasmus Trust Fund Association). This separates the association’s activities from the acquisition and management of assets and the granting of benefits.