The primary purpose is to support members of the Welfen alumni association and their families, as well as members of the Welfen association and, if necessary, the Swiss Students' Association (StV) in need. Additionally, the foundation supports and promotes institutions, individuals, and projects in Switzerland that are engaged in charitable and humanitarian activities for the public good. The foundation may also provide direct support to natural persons in these areas. The foundation may perform all legal and factual actions that serve to pursue the purpose of the foundation. The foundation does not pursue commercial purposes and does not strive for profit.