When was Maharshi Adhyatma Vishwavidyalay (MAV) founded and by whom?

On the auspicious occasion of the Hindu New Year (Chaitra Shukla Pratipada) on 31st March 2014, the Maharshi Adhyatma Vishwavidyalay (also known as the Maharshi University of Spirituality) was founded by Sachchidananda Parabrahman Dr Jayant Balaji Athavale, in Goa, India.