The foundation's purpose is to support philanthropic works, scientific research projects, and institutions in Switzerland and abroad, particularly in Israel, in areas such as education, culture, society, and public health. More specifically, the foundation aims to provide financial assistance or support to: elderly, disabled, sick, infirm, or needy individuals; promote and provide general education and award scholarships in any field, regardless of the beneficiary's age; establish and operate hospitals or retirement homes; implement projects for children's and young adolescents' activities and leisure; support religious institutions and develop charitable projects; promote science, art, and benevolent projects; and conduct research projects. The foundation is non-profit and does not aim to generate any profit.