The foundation aims to provide financial support to the children's hospital in Zurich through the annual allocation of the net income of the foundation's assets to the Eleonoren Foundation for a children's hospital in Zurich, registered in the commercial register of the canton of Zurich. The foundation does not pursue any commercial or self-help purposes. However, as long as Walter Victor Fries, born on March 22, 1913, a citizen of Zurich, currently residing at Restelbergstrasse 2 in 8044 Zurich, is alive, the annual net income of the foundation's assets will be allocated entirely to him for free use, and only after his death to the aforementioned Eleonoren Foundation for a children's hospital in Zurich for the benefit of the children's hospital.