Governing document THE INTERNATIONAL BANKERS CHARITABLE TRUST
Charity number: 1087630
Charity reporting is up to date (on time)
Governing document
Details of the type of governing document the charity has and when it was established. It is not the full text of the charity's governing document.
DECLARATION OF TRUST EXECUTED ON THE 28TH OF JUNE 2001 AS AMENDED BY SUPPLEMENTAL DEED DATED 29 FEBRUARY 2008
Charitable objects
THE TRUSTEES HEREBY DECLARE THE THEY WILL HOLD THE TRUST FUND AND THE INCOME THEREFORE (SUBJECT ONLY TO ANY EXPRESS CONDITION IMPOSED BY ANY DONOR OR TESTATOR) UPON TRUST TO PAY OR APPLY THE WHOLE THEREOF TO OR TOWARDS OR FOR THE BENEFIT OF SUC00H EXCLUSIVELY CHARITABLE OBJECTS OR CHARITABLE PURPOSES AND/OR CHARITABLE INSTITUTIONS IN ANY PART OF THE WORLD AT SUCH TIME OR TIMES IN SUCH MANNER AND IN SUCH PROPORTIONS AS THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR DISCRETION DETERMINE WITH POWER FOR THE TRUSTEES (IF IN THEIR ABSOLUTE DISCRETION THEY THINK FIT) DURING ANY PERIOD OF TWENTY-ONE YEARS TO ACCUMULATE THE WHOLE OR ANY PART OR PARTS OF THE INCOME OF THE TRUST FUND BY INVESTING THE SAME IN ANY INVESTMENTS HEREBY AUTHORISED AND SO THAT THE ACCUMULATIONS SO MADE SHALL BE HELD AS AN ACCRETION TO THE CAPITAL OF THE TRUST FUND BUT SO THAT NOTHING IN THIS TRUST DEED CONTAINED SHALL EITHER EXPRESSLY OR BY IMPLICATION AUTHORISE THE APPLICATION OF ANY PART OF THE INCOME OR THE CAPITAL OF THE TRUST FUND FOR ANY OBJECT OR PURPOSE WHICH IS NOT AN EXCLUSIVELY CHARITABLE OBJECT OR CHARITABLE PURPOSE.
Area of benefit
The area the charity can operate in, as set out in its governing document.
