Stiftung Mitgefühl für Bedürftige

The foundation aims to provide financial support to any domestic and foreign educational institutions with exclusively social and/or non-profit purposes, both during the lifetime of the founders and after their death. Educational institutions with social and/or non-profit purposes are understood to be educational, teaching and training institutions (such as schools, boarding schools and academies) that are supported by non-profit organizations and aim to provide socially disadvantaged individuals with the opportunity for an education. Furthermore, the foundation aims to provide financial support to people in Switzerland and abroad who are confronted with poverty, illness or disability, as well as to institutions in Switzerland and abroad that are committed to these individuals or educational institutions in any way or take care of their needs. The foundation operates exclusively for non-profit purposes and does not pursue any entrepreneurial goals. The founders reserve the right, based on Art. 86a of the Swiss Civil Code and in compliance with the statutory requirements, to change the purpose of the foundation. Any change to the foundation's purpose must be applied for and approved by the supervisory authority. The change of purpose must then be reported to the tax authorities.