The Foundation is a nonprofit organization which exclusively and directly pursues charitable, cultural, scientific, and educational objectives.

The purpose of the Foundation is developing and promoting the work of art in various visual and performing forms such as film, sculpture, dance, painting, poetry, multimedia, and performance is also one of the Foundations objectives.

Further objectives of the Foundation are initiating, implementing and participating in exhibitions, symposia, conferences, lectures, and other activities, as well as book projects, relating to art and culture, in particular to visual and performing art.