The foundation aims to establish, operate and promote an institute that is active in the fields of research, teaching, further education and services in the field of law. It maintains a study fund with the purpose of financially supporting talented students of the institute through contributions and awarding students of the institute for outstanding achievements. It maintains a research fund with the purpose of promoting researchers at the institute, in particular young academics, through research contributions and research prizes, as well as supporting research projects at the institute through research contributions. To achieve the foundation's purpose, the foundation can also entrust other legal entities with tasks, acquire participations or establish secondary establishments. It can acquire, hold or sell real estate.