Charitable objects
THE TRUSTEES SHALL APPLY THE INCOME OF THE CHARITY IN OR TOWARDS FURTHERING THE OBJECTS OF THE BRITISH AND FOREIGN SCHOOL SOCIETY BY THE PROVISION OF SCHOLARSHIPS TO PERSONS UNDER THE AGE OF 25 AND OF BURSARIES AND GRANTS OF MONEY TO SUCH PERSONS WHO ARE IN NEED OF SUCH ASSISTANCE; PROVIDED THAT THE TRUSTEE AT ITS DISCRETION MAY PROVIDE SUCH BENEFITS TO PERSONS UNDER THE AGE OF 30.