Charitable objects
TO BE AWARDED ANNUALLY FOR A WORK OF SCULPTURE IN THE ROYAL ACADEMY SUMMER EXHIBITION, PROVIDED HOWEVER THAT IF IT SHALL PROVE IMPOSSIBLE OR IMPRACTICABLE IN THE OPINION OF THE TRUSTEES OF THE ROYAL ACADEMY TO APPLY THE INCOME OF THE FUND FOR THIS PURPOSE, THEN THE INCOME AND ANY UNAPPLIED PART THEROF SHALL BE APPLIED FOR THE GENERAL CHARITABLE PURPOSES OF THE ROYAL ACADEMY OR ARTS.