The purpose of the foundation is to provide doctoral and other students active in the field of Protestant theology funding for excavation excursions and stays in Israel. Dr. Aulepp had provided generous support for two excavation excursions before forming of the foundation.
Details on the formation of the Foundation on 25 May 2022 at the Rector's Office of the University of Bonn can be found in the press release "Motivated by gratitude and a love of knowledge".