Governing document THE DORFMAN FOUNDATION
Governing document
It is not the full text of the charity's governing document.
DECLARATION OF TRUST DATED 26 FEBRUARY 2007 as amended on 31 Aug 2018
Charitable objects
1.2 THE OBJECTS OF THE TRUST ARE ALL OR ANY PURPOSES WHICH ARE CHARITABLE ACCORDING TO ENGLISH LAW AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE. IT IS RECOGNISED THAT THE DEFINITION OF WHAT IS 'CHARITABLE' ACCORDING TO ENGLISH LAW CHANGES OVER TIME AND IT IS INTENDED THAT (WHILST NOTHING SHOULD BE DONE WHICH IS NOT EXCLUSIVELY CHARITABLE AT THE DATE THAT IT IS DONE) THE OBJECTS OF THE TRUST SHOULD CHANGE IN LINE WITH THE LAWS OF ENGLAND SO THAT IN THE FUTURE THINGS MAY BE DONE (WHEN THEY ARE CHARITABLE) WHICH ARE NOT CHARITABLE AT THE DATE OF THIS DEED. 1.3 THE TRUSTEES SHALL PAY OR APPLY OR CAUSE TO BE PAID OR APPLIED AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES SHALL IN THEIR DISCRETION THINK FIT THE INCOME AND IF AND IN SO FAR AS THE TRUSTEES SHALL THINK FIT THE CAPITAL OF THE TRUST IN PROMOTING THE OBJECTS. 1.4 THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE TRUST IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME BY INVESTING THE SAME AND THE RESULTING INCOME AND HOLD THE SAME AS PART OF THE CAPITAL OF THE TRUST WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE TRUST ARISING IN THE THEN CURRENT YEAR.
Area of benefit
WORLDWIDE
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