to pursue, mainly in Geneva but also in Switzerland, according to the priorities determined regularly by the Foundation Council, exclusively general interest purposes of an educational nature in favour of young people. The support provided by the Foundation is awarded to institutions or projects carried by organisations or institutions exempt due to their public service or public utility purposes aiming to promote education, training and supervision of children, adolescents and young adults, particularly in the fields of sports, music and arts. The Foundation may carry out any operation directly or indirectly related to its purpose. The Foundation does not pursue any political or lucrative purpose.