The Lundbeck Foundation Initiative for Integrative Psychiatric Research, called iPSYCH, was founded back in 2012 when the project received the first grant from the Lundbeck Foundation. iPSYCH has thus far received DKK 361 million from the Lundbeck Foundation in the form of grants made in 2012, 2015 and most recently 2018. These are the largest grants ever awarded to psychiatric research in Denmark.

In addition to the grants from the Lundbeck Foundation, iPSYCH is also supported by the University of Copenhagen and Copenhagen University Hospital, Aarhus University and Aarhus University Hospital, the Stanley Center at Broad Institute, Simons Foundation, The National Institute of Mental Health and the Novo Nordisk Foundation.