The foundation's purpose is to allocate its resources to charitable causes, such as supporting needy individuals and families, social institutions with similar or identical objectives, tax-exempt organizations promoting social housing, educational purposes, such as supporting needy students and private educational institutions that in turn accept needy pupils and students, public benefit purposes, such as supporting non-profit libraries, hospitals and institutions for the care of the elderly, disabled, children and youth, as well as cultural institutions. The foundation does not pursue any commercial or self-help purposes.