Trosolwg o'r elusen THE GENESIS CHARITABLE TRUST

TRUST DEED DATED 25 MAY 2012 AS AMENDED ON 17/08/2012 AS AMENDED ON 23 APR 2020 AS AMENDED BY DEED DATED 05 SEP 2025

THE PREVENTION OR RELIEF OF POVERTY BY PROMOTING SUSTAINABLE ECONOMIC DEVELOPMENT WITHIN ECONOMICALLY AND SOCIALLY DISADVANTAGED COMMUNITIES, IN PARTICULAR BUT NOT EXCLUSIVELY IN DEVELOPING COUNTRIES, IN THE FOLLOWING WAYS: A) THROUGH THE PROVISION OF GRANTS, SOCIAL INVESTMENTS, EDUCATION, TRAINING OR OTHER FORMS OF ASSISTANCE DESIGNED TO ENABLE INDIVIDUALS AND COMMUNITIES TO IMPROVE THEIR INCOMES, ACHIEVE ECONOMIC GROWTH AND/OR BE SELF SUFFICIENT; AND B) BY SUPPORTING THE WORK OF THE GENEM FOUNDATION TO ACHIEVE SUCH PURPOSES. ‘SUSTAINABLE ECONOMIC DEVELOPMENT’ MEANS ECONOMIC DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS. NOTHING IN THIS DEED SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE TRUST FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005 AND/OR SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.

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