Herbert Schuchardt Foundation
The foundation promotes the public benefit by supporting the arts, and painting more specifically (pictures, paintings, including drawings, etchings, prints, collages, etc.), as well as the work of the nonprofit association Bruderhilfe e.V.
In pursuit of its statutory mission, the foundation supports the arts in Munich with grants to tax-privileged entities or corporate bodies under public law, primarily the Bavarian State Painting Collections, Munich (especially the Alte Pinakothek and the Neue Pinakothek), and donations to the Städtische Galerie im Lenbachhaus und Kunstbau and Bruderhilfe e.V.
In keeping with the founder's wishes, the foundation has thus given continual financial support to two of Munich's most important museums—for whose directors seats are reserved on its board of trustees—since its establishment in 2001.