The Foundation aims to contribute to works of an assistance nature, with particular reference to the elderly in need; to works in the fields of culture, medical research, school and professional training, all of which are based and operating in the Canton of Ticino and in particular in the municipalities of Lugano, Croglio and Mendrisio-Genestrerio. The foundation may pursue its purpose by organizing its own activities, or by providing financial or other contributions to entities that already pursue identical or similar purposes, which are already exempt from taxation.