Mutual aid in the humanitarian and welfare sector to protect socially disadvantaged or distressed individuals; philanthropic purposes in the protection of the animal world and nature in general; support and promotion of projects in the artistic, sporting and cultural fields. The Foundation may also support local initiatives with cultural or nature conservation purposes, as well as studies and/or research projects related to its purposes. The Foundation may establish merit awards. The Foundation pursues public utility objectives and operates, therefore, without profit.