The formal objectives of the Foundation are:

• to provide financial assistance and grants for the purpose of Asthma and Cancer medical research in the State of Victoria
• to accept and seek bequests and donations to be used expressly for the provision of such financial assistance and grants for asthma and cancer medical research in the State of Victoria
• to maintain a current listing of researchers in the State of Victoria engaged in cancer and asthma medical research
• to collect and collate information as to the needs of researchers in the fields of cancer and asthma research in Victoria and to distribute such information to other appropriate organisations and associations
• to disseminate the results and findings obtained by medical researchers in the fields of cancer and asthma research in Victoria.