Charitable objects
(1) TO PROMOTE THE EFFICIENCY OF THE NAVAL SERVICE OR AUXILIARIES BY THE PROVISION OF PRIZES AND AWARDS TO NAVAL SERVICE OR AUXILIARIES PERSONNEL: (A) WHO SHOW MARKED EFFICIENCY IN THEIR DUTIES; (B) WHO DISTINGUISH THEMSELVES IN EXAMINATIONS OR AS STUDENTS ON COURSES; (C) FOR INNOVATION, USEFUL RESEARCH, SUGGESTIONS OR INVENTIONS WHICH IMPROVE THE EFFICIENCY OF THE NAVAL SERVICE OR AUXILIARIES; (D) FOR OTHER PURPOSES AS AGREED BY THE TRUSTEES FROM TIME TO TIME.