Promotion of the social welfare of the population of Grenchen. In particular, it enables the education and training of children, young people and adults residing in Grenchen. To achieve this purpose, the foundation provides contributions or scholarships to cover the costs of attending secondary and higher education institutions, vocational schools and training courses of all kinds, as well as contributions for special training courses, language learning stays abroad, vocational training in specific fields. It can also provide contributions to hospital and spa stays and holidays for ill and weak students and disabled persons. It can grant production contributions to young artists for their work and provide contributions to research projects of schools based in Grenchen. To the extent that the annual income, after the allocation of the aforementioned contributions, permits it, contributions can be made to organizations active in youth work.