Gwrthrychau elusennol
INCOME OF THE FUND SHALL BE APPLIED, IN THE ABSOLUTE DISCRETION OF THE GOVERNORS, TO SUCH SCHOLARSHIPS, EXHIBITIONS, BURSARIES, OR OTHER FOUNDATIONS FOR THE BENEFIT OF SCHOLARS OR EX-SCHOLARS OF THE INSTITUTIONS, BETWEEN THE AGES OF 15 AND 19, AS SHALL PROVIDE HIGHER EDUCATION FOR DESERVING BOYS AFTER THEY HAVE FINISHED THEIR SCHOOL CAREER.