The purpose of the foundation is to manage and administer the foundation's assets and to distribute the returns. The individual provisions on asset management are recorded in the regulations. The Christian faith and the spread of the Gospel according to the instructions of the New Testament are to be promoted. The basis of the Simeon Foundation's activities are the Holy Scriptures, the Apostolic Creed, the Reformation doctrine of justification, and the basis of the worldwide evangelical alliance. The purpose of the Christian Simeon Foundation is to promote inner and outer mission, theological education and training, and theological-scientific research and teaching activities, insofar as they are in accordance with the theological principles of the Simeon Foundation. Furthermore, the dissemination of Christian publications and the worldwide translation and dissemination of the Bible are to be supported.