The promotion of applied research into new cancer treatments. The foundation is empowered to take all necessary measures to achieve the purposes for which it was established. The foundation's field of activity may also extend internationally, while focusing primarily on Switzerland, and here prioritizing the reality of the canton where the foundation is based and research carried out in private institutions. The Foundation Board shall - in principle - ensure that at least 75% of the annual allocations are used within the Swiss territory and a predominant part of these in the canton where the foundation is based. Exceptions are permitted on an exceptional basis for special projects abroad, subject to the approval of the Supervisory Authority and the Contributions Division, provided that the quota in favor of the canton where the foundation is based remains intact. The duration of the Lago Maggiore Oncology Foundation is not limited in time. The foundation will start its activity as soon as it is registered in the Commercial Register.