Promotes contemporary art through financial support of theme-based temporary exhibitions, collection presentations, publications, artists-in-residence projects, lectures, symposia, and artwork purchases, particularly at the Kunstmuseum Bern. Acquired works become part of the Kunstmuseum Bern's collection; also supports artists through an annual art prize. The prize consists of a solo exhibition with a catalogue, which is to be held at the Kunstmuseum Bern. As part of the performance agreement with the Kunstmuseum Bern, the foundation enables the museum to build an extension for a contemporary art department and finances this construction, including necessary project preparations and a competition, up to a maximum amount of CHF 10,000,000. The foundation's assets may not be used for the Kunstmuseum Bern's regular operations. If the funds cannot be used for the aforementioned extension at the Kunstmuseum Bern, they are to be used for theme-based allocations to other private and public museums in Switzerland. The foundation has a non-profit character and does not pursue any commercial purpose.