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Matica srpska (lit. "Serbian matrix", meaning "parent body of the Serbs") was founded by patriotic Serbian intellectuals and rich traders in 1826 in Pest.

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It was moved from Pest (by Jovan Forovic) into the building of the heritage of the famous philanthropic from Novi Sad, Mrs. Marija Trandafil in 1864. The building was built in 1912, in pseudo classicist style according to the project by MomĨilo Tapavica (an architect, a top grade sportsman, the first Serb to participate in the Olympic games). It includes the journal “Letopis”, a rich library, an art gallery and a publishing house. In front of the building are sculptures of all the presidents of Matica srpska: Jovan Hadzic, Sava Tekelija, Teodor Pavlovic, Platon Atanackovic, Tihomir Ostojic and Vasa Stajic.
    The Matica srpska Society was one of the initiators of the Novi Sad Agreement on the Serbo-Croatian language (1954), led the action for making the unique orthography of the language (1960). They compiled The Vocabulary of Serbian Standard Literary Language in six volumes (1967-1976).
Matica srpska publishes the “Letopis Matice srpske” magazine, which is one of the oldest in the world, being continuously published since 1824.
The Law of the Matica srpska Society (1986) regulates matters of endowment and legacy, given by the national benefactors, and how the money is spent for various cultural and educational purposes.

 
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