The core activity of the Fondation Ernest Boninchi consists of awarding scholarships and subsidies to promote education and research. Specifically, this includes: awarding bourses (scholarships) to individuals with Swiss citizenship who have completed their education in Geneva to support their professional development; awarding subsides (research grants) to finance scientific studies, research projects or the equipment of laboratories; and awarding bourses de mobilité (mobility scholarships) to students of the University of Geneva to promote their academic mobility and enable stays abroad. The Fondation uses the income from Ernest Boninchi's assets to finance these activities and thus honor the founder's legacy.