Braniff Airways Foundation preserves the history of Braniff Airways, Incorporated, through collecting, preserving, promoting, and protecting the carrier’s legacy. The Foundation, originally formed from the Herb Sherry Fund T-Shirt Outlet and Braniff History Group in 1978 and then in 2012, Braniff Preservation Group, which was created to assist in the preservation efforts for the historic Braniff Operations and Maintenance Base at Dallas Love Field, was registered with the IRS as a 501(c)(3) Non-Profit Organization in October 2015.

The Foundation was created by Richard Ben Cass, specifically to join together other interested parties in promoting Braniff’s history. The Foundation also curates the Braniff International Heritage Archives, which contains the lifetime collection of Mr. Cass, and includes all of the original Braniff Airways corporate records and archives, including Braniff's famed South American Art Collection and Art of Texas Collection.