The foundation may engage in the following purposes: Providing financial support to needy residents. A resident is considered to be someone who has lived in one of the two municipalities for at least two years and has reached the age of 60. Supporting institutions in the field of healthcare in Tägerwilen and Gottlieben. Taking over cost contributions for services not covered by health insurance for household help for elderly and needy residents who spend their retirement at home. Organizing or supporting leisure activities, such as outings for the elderly, courses or other events. The purpose of the foundation is to provide age-appropriate housing. To achieve the foundation's purpose, the foundation may directly or indirectly acquire, operate, manage and sell properties, as well as conduct all business that serves this purpose directly or indirectly. The foundation is politically and denominationally neutral and has a non-profit character.