
Forty-nine banned party executives were present while absentees included several high-profile figures, such as former prime minister Thaksin Shinawatra and veteran politician Chaturon Chaisang.
Thaksin was initially scheduled to return from London to chair the unveiling ceremony, but had a change of plan at the last minute.
Those seen at the ceremony included Chidchai Vanasatidya, Pongthep Thepkanchana, Vichit Plansrisakul, Sora-at Klinpratoom, Phumtham Wechayachai, Varathep Ratanakorn, Prayuth Mahagitsiri, Prachuab Chaiyasarn, Pimol Srivikorn and Suchai Charoen-ratanakul.
Vichit said invitations were sent out to all the 111 to become founding members of the foundation. Many agreed to apply for membership but could not be present at the yesterday's ceremony due to prior engagements.
Those who did not show up but have made contributions were Chaturon, Adisai Bodharamik, Pinij Charusombat and Vichet Kasemthongsri, he said.
"The foundation plans to organise a fund-raising dinner later this month and Thaksin will chair the event," he added.
Phumtham said the foundation would aim to make social contributions without getting involved in politics.
He dismissed speculation that it would push for the rewriting of the 2007 charter.
Chidchai said he wanted to remain a good citizen and carry out his civic duties even though his voting rights have been revoked for five years.