The purpose of the foundation is to build a sports hall at Hummelstrasse 18 in Frauenfeld, which will be constructed on part of parcel 50919 in accordance with the building rights contract with the city of Frauenfeld, and to rent it out at a low cost to one or more operators, in particular to local clubs, as well as to provide the financial means for its maintenance. If the funds are sufficient, the foundation can support and promote sand sports. The foundation can participate in companies whose corporate purpose is compatible with the foundation's purpose, serves its objectives, and whose profits flow into the foundation. It can sell acquired companies. It can acquire, manage and sell securities and intellectual property rights and real estate, and conduct all business directly or indirectly related to the aforementioned purpose. The foundation is non-profit and does not pursue commercial purposes.
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