The Foundation's purpose is to promote and support, directly or indirectly, academic research and teaching, as well as initiatives aimed at encouraging the transfer of knowledge between scientific research and innovation. The Foundation carries out its activities both in Switzerland and abroad. To achieve these goals, the Foundation allocates funds for the financing of university institutions, research and academic teaching, in particular to research institutes and academic institutions. The Foundation may also award scholarships and research grants, in areas that fall within the Foundation's purpose, to particularly deserving students and researchers. In order to achieve its objectives, the Foundation may establish collaborative relationships with universities, specialized institutes, researchers, public and private entities, including other foundations, both in Switzerland and abroad. The Foundation may also acquire real estate, in Switzerland and abroad, subject to the necessary authorizations (LAFE or similar provisions abroad). It may also promote any type of activity that may be necessary or useful for the achievement of its purpose. The Foundation is non-profit and does not pursue any gain.