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The Foundation has essentially two functions, one charitable and the other commemorative. Its general purposes are outlined in the first two items of the 'Objects of the Charity' in its Deed of Declaration of Trust (updated 2021): (1) to promote, encourage and advance the study of, the research into and the dissemination of knowledge relating to Science, Technology, Engineering and Mathematics (STEM) in all their aspects. (2) to commemorate, with no view to profit, the said James Clerk Maxwell: by publishing or contributing towards or promoting the publication of Maxwell-related scientific or educational books, films, papers, essays, monographs and/or lectures. by supporting STEM related activities and the work of any other person or persons who may, in the opinion of the trustees, have contributed significantly to the advancement of STEM.