It was formally founded on Aksaya Trtiya in the month of Vaisakha (April) 1941 with the rental of 32/2 Bospada Lane, in Bagbazar, Calcutta,India
Shri Vedantika Pandita Mahopadesaka Shri Kritiratna Prabhu along with many disciples of Shrila Prabhupada in Navadvipa established the Shri Gaudiya Vedanta Samiti – first in Navadvipa and then in Calcutta.
Amongst the Godbrothers who were present were Shri Abhayacharana Bhaktivedanta Prabhu, Shri Nrisimhananda Brahmachari and Shri Sajjansevaka Brahmachari (Srila Gurupadapadma's diksa disciple, now Shri Shrimad Bhaktivedanta Vamana Maharaja, the former Acarya and President of Shri Gaudiya Vedanta Samiti).
The former Vice Pesident of Gaudiya Vedanta Samiti was Shri Shrimad Bhaktivedanta Narayana Gosvami Maharaja. He was circumnavigated the Earth yearly, visiting devotees in such places as Hawaii, California, Houston, Australia, Europe, India, Russia and Hong Kong.
For the benefit of the westerners to learn about the tradition of Gaudiya he established a new Vaisnava Society. The mission of that society is:
To teach, promote and broadcast the precepts of Pure Bhakti, divine spiritual love and devotion to the Supreme Personality of Godhead Krishna, as found in the ancient Vedic literatures and which was practiced and propagated by the current most prominent world teacher of Bhakti Yoga, His Divine Grace Srila Bhaktivedanta Narayana Goswami Maharaja.
To preserve and protect the teachings of the disciplic succession of the Rupanuga Guru Varga, the Divine Spiritual Masters which have been passed down in the 500 year old lineage from the time of the advent of the Great Master and incarnation of Lord Shri Krishna known as Shri Krishna Chaitanya Mahaprabhu.
To benedict the world at large by teaching the all-auspicious and all beneficial practice of Sankirtan, congregational chanting of the Holy Names of the Supreme Personality of Godhead, especially the powerful sixteen word mantra known as the Maha-Mantra, the great chanting for deliverance in this iron age of Kali-yuga.
To accomplish the above three goals through the distribution of literatures, CD’s, DVD’s, and other forms of data storage.