Granting of allowances to former members of the TTB (Turnverein Technikum Biel) to alleviate hardship resulting from disability, illness, old age and death, as well as to promote social relationships. Granting of allowances to needy students of the TTB and to former members of the TTB in further education. Promotion of education and further training of students at the Bern University of Applied Sciences/School of Engineering and Computer Science. The foundation may participate in, acquire or sell properties, and conclude building rights contracts to provide students of the TTB with accommodation and residence opportunities at favorable conditions or to arrange them.