JVBI was established with the inspiration of Gurudev Tulsi in Ladnun, Dist Nagaur, Rajasthan. In 1991, Government of India notified JVBI as Deemed-to-be University under Section 3 of University Grants Commission Act, 1956. The Institute continues to be housed in the common campus of its parent body organization Jain Vishva Bharati. Gurudev Shri Tulsi remained its first constitutional Anushasta (moral and spiritual guide) followed by Acharya Shri Mahaprajna as its second Anushasta. Acharya Mahashraman is its present Anushasta. The goal of the JVBI is has been clearly spelt out in the Preamble of its Constitution (Memorandum and Articles of Association) which reads as under: