The purpose of the foundation is to provide financial support to talented young musicians. This purpose is to be achieved in the following ways: a) By assisting in the financing of study costs, expenses for lessons and living expenses for the duration of the training. b) By enabling public performances. c) By awarding sponsorship prizes. The foundation may conduct all business that is suitable to promote or facilitate the achievement of the foundation's purpose. However, the foundation may not pursue any entrepreneurial purposes.