The foundation's purpose is to cover all costs for the purchase of oil, oil candles and similar items, as well as all costs for repairs or replacement of items serving the operation of the eternal light in the parish church of Näfels. The foundation aims to preserve and continue the tradition of the eternal light of Näfels, which has existed since 1357. Additionally, it can support one event per year with a financial contribution. Such an event must have been approved by the Näfels church council and take place in the Näfels parish church. The foundation is non-profit, does not pursue commercial purposes and does not strive for profit.