 He was the last male heir of the old House of Baillet, and was by motherside related to the House of Spoelberch, who own the Artois Company.In 1995 the name was changed in "Interbrew-Baillet Latour Foundation" and in 2005, the name was changed to "InBev-Baillet Latour Fund".The Foundation wants to encourage and reward achievements of outstanding human value in the Arts and Sciences.