325 Years of the Founding Privilege of the Francke Foundations

The Francke Foundations are 325 years old. They were founded with the »Chur-Fürstlich-Brandenburgische Privilegium« of 19 September 1698. But what did this document actually say and what does the term »Privilegium« mean?
Take a look at this valuable document and explore its impact right up to the present day.