The foundation aims to promote and support the education and career development of talented, needy young people and young adults from Switzerland in their vocational training, studies and career start through financial contributions. The purpose of the foundation is achieved in particular through the awarding of scholarships to the above-mentioned persons and through general support for education and living costs. To achieve the aforementioned purpose or to raise the necessary funds, the foundation can establish, participate in and hold shares in corporations or other legal entities. The foundation operates selflessly, has no commercial purpose and does not pursue any profit or economic goals. The foundation can use the income from its assets and, if necessary, the foundation's assets for the aforementioned purpose.