The foundation aims to support the Vorstadt-Theater in Basel in the broadest sense. The foundation can also operate a theater itself or participate in a theater operation and/or provide financial support to the theater operation. It can enter into financial transactions of all kinds on its own account or in a fiduciary capacity, as well as acquire, manage and dispose of real estate. The foundation's assets and any income derived from them may only be used for the purposes mentioned above or related purposes. The foundation has a non-profit character and does not pursue any commercial purpose.