The Foundation is non-profit. The Foundation's purpose is to contribute to the long-term success and visibility of the watchmaking industry by: 1) sharing knowledge and highlighting not only the know-how and technical and artistic skills accumulated by this industry over the years, but also those in development; 2) providing young students and/or adults in continuing education with the opportunity to pursue studies at specialized universities in the field of watchmaking, thanks to the awarding of scholarships. The Foundation may also support and finance projects and activities related to the preservation of watchmaking culture. The Foundation may engage in any activity that is likely to achieve one or all of its purposes.