The founding objectives of the Eleanor Dark Foundation are:
- To maintain and develop Varuna as a centre for writers
- To run a Fellowship program under which writers can reside at Varuna for periods of retreat and intensive work
- To support and encourage writers and promote the development of Australian literature
- To foster interaction between writers and the community, promote the development of Australian literary culture and encourage political debate and the dissemination and discussion of ideas by running public events such as workshops, readings, courses and discussions
- To maintain the house and grounds of Varuna so as to perpetuate the memory of the late Eleanor and Eric Dark
- To do anything else the Directors determine to support the values of culture, heritage and the natural environment, and any other values consistent with the legacy of Eleanor and Eric Dark.