Aikido is a Budo (martial art) created by Morihei Ueshiba. After the Founder's passing in 1969, his son Kisshomaru Ueshiba was inaugurated as Aikido Doshu. At present, Moriteru Ueshiba, grandson of the Founder, has succeeded his father as Aikido Doshu. The Aikikai Foundation, officially recognized by the Japanese government in 1940, was founded in order to preserve and promote the ideals of the true Aikido created by the Founder. As the Aikido World Headquarters, it is the parent organization for the development and expansion of Aikido throughout the world.