Sevogel-Stiftung

The foundation's purpose is to promote, on a non-profit basis and at the most favorable conditions, the construction and maintenance of retirement homes, retirement villages, nursing homes and other facilities for the elderly. Within the framework of the foundation's purpose, it can build and operate buildings on its own account or contribute to the financing of such buildings and operations. Additionally, it can provide support contributions for housing costs for elderly persons and promote cultural events in the living environment of older people.