Mission
THE FOUNDATION PLANS TO FURTHER ITS SOCIAL WELFARE AND CHARITABLE PURPOSES THROUGH GRANTMAKING ACTIVITIES IN FURTHERANCE OF THE PHILANTHROPIC GOALS OF THE HASSO FAMILY. THE FOUNDATION EXPECTS THAT IT WILL PRINCIPALLY MAKE GRANTS TO EDUCATIONAL ORGANIZATIONS, CHURCHES AND RELIGIOUS ORGANIZATIONS, AND OTHER CHARITABLE ORGANIZATIONS THAT ARE RECOGNIZED AS PUBLIC CHARITIES (OR EQUIVALENT PUBLICLY SUPPORTED ORGANIZATIONS) TO SUPPORT THEIR CHARITABLE ACTIVITIES. IN ADDITION, THE FOUNDATION MAY PROVIDE GRANTS TO FOREIGN CHARITABLE, RELIGIOUS AND EDUCATIONAL INSTITUTIONS. THE FOUNDATION WILL NOT CARRY ON ANY ACTIVITY NOT PERMITTTED TO BE CARRIED ON BY AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4).