The Foundation is a non-profit organization. The Foundation's purpose is to provide assistance and support to projects, institutions and entities of all kinds in the areas of (i) cultural, artistic and sports patronage, (ii) education, training and innovation (with particular regard to universities and other educational institutions based in Switzerland and/or abroad), (iii) social activities and (iv) environmental protection; all with the aim of leaving a legacy of the life and work of Sir Lindsay and Lady Owen-Jones. The Foundation pursues its purpose by using (i) its own assets and (ii) any contributions or donations it receives from the Founders and third parties, and by allocating funds to the aforementioned beneficiaries as deemed appropriate.