The foundation aims to provide financial support to the descendants of Georg Buck, born on August 6, 1882 in Unterbalzheim, Germany, deceased on December 12, 1936 in Memmingen, Germany, in connection with higher education, in particular pre- and post-diploma studies at a university or college, and vocational training at a commercial or technical school. The financial support is independent of the field of study and can be granted for tuition fees, study materials, accommodation and board related to the place of study, as well as living expenses related to the education.