Fondation Frédéric Meyer

In accordance with the last will of Mr. Frédéric Meyer, the income of the foundation will be allocated as follows: half of the net income will be used to settle the debts encumbering the Foundation, namely the property it owns, until this liability is extinguished. The remaining income will be distributed as follows: a) half will be paid out annually to its commune of origin, Bannwil, with allocation to the commune's Poor Relief Fund, exclusively for the benefit of the commune's residents. b) One-sixth to the Plainpalais holiday colony. c) One-sixth to the Deutschschweizer Armenpflege Genf (Swiss-German Charity Corporation). d) And the last sixth to the Association for the Benefit of the Blind in Geneva.