Charitable objects
THE TRUST IS ESTABLISHED FOR THE PURPOSE OF FURTHERING THE EDUCATION AND TRAINING OF BLACK PEOPLE AND THE TRUSTEEES SHALL APPLY THE NET INCOME OF THE TRUST FUND IN PARTICULAR BUT NOT EXCLUSIVELY BY ONE OR MORE OF THE FOLLOWING WAYS: (1)IN AWRDING SCHOLARSHIPS, EXHIBITIONS, BURSARIES AND/OR MAINTENANCE ALLOWANCES TO BLACK PEOPLE FOR THE PURSUIT OF PROFESSIONAL STUDIES APPROVED BY THE TRUSTEES, TENABLE AT ANY SCHOOL, UNIVERSITY, OR OTHER EDUCATIONAL ESTABLISHMENT APPROVED BY THE TRUSTEES; (11)IN PROVIDING FINANCIAL ASSISTANCE, OUTFITS, CLOTHING OR BOOKS TO BLACK PEOPLE ON LEAVING SCHOOL, UNIVERSITY OR OTHER EDUCATIONAL ESTABLISHMENT TO PREPARE THEM FOR OR ASSIST THEIR ENTRY INTO THEIR CHOSEN PROFESSION; (111)IN AWARDING GRANTS OR MAINTENANCE ALLOWANCES TO BLACK PEOPLE TO ENABLE THEM TO TRAVEL WHETHER IN THE UNITED KINGDOM OR ABROAD IN FURTHERANCE OF THEIR EDUCATION; (1V)IN PROMOTING KNOWLEDGE AND DISSEMINATING INFORMATION AMONG BLACK PEOPLE ABOUT OPPORTUNITIES IN AND ACCESS TO EDUCATION AND TRAINING. (SEE CLAUSE 2(5) OF TRUST DEED.)
