The purpose of the fund is to support projects that promote the participation of young people aged 16-20 in sports and other leisure activities. The dropout of young people at this age from sports and organized leisure activities is unfortunately far too common. Access to sports and other recreation for young people, where social networking and companionship are the main goal, is an important public health issue. The fund is a memorial fund to honor Egill Hrafn who particularly enjoyed football and to create music and was only 17 years old when he died in May 2023.