The Foundation is a non-profit organization and pursues exclusively social solidarity purposes. The Foundation operates in the charity sector. In particular, the Foundation's purpose is to provide, on an occasional or recurring basis, contributions to finance initiatives, projects, and specific activities promoted and implemented by private individuals, associations, entities, organizations, and legal entities, both private and public, of any nationality, aimed at the following purposes: to assist needy individuals residing in the Canton of Ticino and, subsidiarily, in other regions of Switzerland; if necessary, the beneficiaries must demonstrate to the Foundation, in accordance with the provisions of the Foundation's regulations, their actual state of need; to indirectly assist needy individuals residing abroad through contributions to non-profit organizations exempt from taxes under Article 56 LIFD; alternatively, to directly assist needy individuals residing abroad who demonstrate to the Foundation, in accordance with the provisions of the Foundation's regulations, their actual state of need; to contribute to medical research and the fight against diseases, preferably operating in the Canton of Ticino; the beneficiaries of the contributions may be exclusively tax-exempt entities under Article 56 LIFD; to directly support the economic, scientific, and cultural development of the Canton of Ticino and, subsidiarily, in other regions of Switzerland, as well as indirectly abroad; the beneficiaries of the contributions may be exclusively tax-exempt entities under Article 56 LIFD; to support associations operating in Ticino in favor of youth, particularly in the cultural and sports fields. The Foundation may not engage in activities other than those specified in this article, except for those directly related to them and in any case not prevailing.
Outbound Leads by COHAGA