Creation, maintenance and provision of premises for residential and accommodation purposes for individuals in social need through no fault of their own; as a domicile for institutions with non-profit purposes; as a meeting and conference venue for non-profit organizations such as youth, senior, motherhood counseling or cultural organizations; provision of financial support to individuals in social need through no fault of their own; organization, promotion and voluntary support of events and facilities serving social and non-profit purposes. The foundation may acquire, sell, encumber and manage real estate and participate in associations and cooperatives that pursue goals serving the foundation's purpose.