The foundation was established in 2020 on the initiative of the association «Pro s’Hagen-Huus z’Nendla». It provided the funding and assumed the roles of building rights holder, owner, and developer.
The foundation acquired the Hagenhaus property under a building lease from the Hörndlinger family. It was responsible for the revitalization of the estate from 2022 to 2024, owns the buildings, and leases them to the Music Academy in Liechtenstein.
The charitable foundation was established on 7 July 2020. It is based in Nendeln.
The foundation is committed to the following purposes:
- The foundation pursues the purpose of acquiring, repairing and preserving the listed farmstead no. 30 in Nendeln, consisting of the Hagen house with stable barn (known as «Alte Post»), as well as the wash house and shooting lodge annexes. In compliance with the requirements for the preservation of historical monuments, new features and renovations may be carried out in and on the building as well as in its surroundings that are necessary for its sustainable use.
- The Foundation uses the property for charitable purposes, in particular cultural, social or educational purposes, or makes it available to third parties for these purposes, either for a fee or free of charge. In this sense, the Foundation may also support the preservation and promotion of other Liechtenstein properties of architectural and cultural significance.
- The Foundation irrevocably pursues charitable purposes in Liechtenstein and contributes to the promotion of the common good through its activities.
- The Foundation may enter into all legal transactions, including the acquisition and sale of real estate, and enter into co-operations that serve the realisation of the Foundation's purpose. The operation of a commercial business is excluded.