Tenco Foundation

the purpose of the foundation is: to ensure, in various forms and by the most appropriate means, the fight against poverty in the world, aid to refugees, migrants and their families with special needs and living in Switzerland or abroad. 'foreign. This aid may be financial, the distribution of food, the setting up of infrastructures, housing, medical services (in particular the supply of physical and psychological care or the setting up of hospital establishments). By special need, we mean any situation in which a person is confronted in particular with poverty, difficult cultural integration conditions, or health problems due to a lack of suitable infrastructure. To this end, the foundation may in particular acquire, build, rent, manage and operate all buildings and housing, rest homes, reception homes or other institutions and medico-social establishments; provide the beneficiaries mentioned above with suitable living places, these living places benefiting or not from the support of the public authorities; participate in companies with a purpose similar to that of the foundation and benefiting from tax exemption because of their public utility purpose; look for funds to help these types of activities; assist in the financing of companies having a purpose similar to that of the foundation and benefiting from tax exemption because of their public utility purpose; carry out all operations that directly or indirectly relate to its purpose and promote its development. The founder can propose the modification of the purpose of the foundation in accordance with article 86a of the Swiss Civil Code. The foundation pursues no profit motive.