The foundation aims to promote the theory and practice of control and automation technology, related technical fields and associated fields. To this end, the foundation engages in relevant scientific, technical and educational activities for the benefit of the public. Furthermore, the foundation promotes the awareness and dissemination of the social relevance of control and automation technology in the broadest sense and is primarily dedicated to improving the communication of scientific results in this field in developing countries. The foundation can make payments to individuals or organizations active in the aforementioned areas, provided that this serves the purpose of the foundation. The foundation can also provide services to corresponding individuals or organizations under the same conditions and participate in corresponding activities. In particular, but not exclusively, the foundation provides financial support to deserving scientists and students from developing countries in the form of travel and accommodation costs and awards corresponding scholarships. The foundation can carry out its activities worldwide. The foundation has a non-profit character and does not pursue any commercial purposes. The foundation is politically and denominationally neutral.