Governing document CORNWALLIS EMMANUEL TRUST
Governing document
It is not the full text of the charity's governing document.
DECLARATION OF TRUST DATED 10 JANUARY 2000
Charitable objects
2.1 THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO APPLY THE INCOME, AND ALL OR SUCH PART OR PARTS OF THE CAPITAL, AT SUCH TIME OR TIMES AND IN SUCH MANNER TO, OR FOR THE BENEFIT OF, THE FOLLOWING OBJECTS ("THE OBJECTS") AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT: 2.1.1 THE SUPPORT BY CONTRIBUTION LOAN GIFT SUBSCRIPTION OR OTHERWISE OF ANY RELIGIOUS OR OTHER CHARITABLE INSTITUTION OR WORK (IN ANY PART OF THE WORLD) WHICH SHALL BE ESTABLISHED OR MAINTAINED FOR ANY OF THE FOLLOWING PURPOSES: 2.1.1.1 THE FURTHERANCE OF RELIGIOUS OR SECULAR EDUCATION; 2.1.1.2 THE ADVANCEMENT OF THE TENETS OF THE CHRISTIAN FAITH; 2.1.1.3 THE RELIEF OF POVERTY, DISTRESS OR SUFFERING WHETHER VICTIMS OF BREACHES OF HUMAN RIGHTS; ANY PUBLIC CALAMITY (INCLUDING, FAMINE, EARTHQUAKE OR PESTILENCE); WAR OR CIVIL DISTURBANCE; THE IMMEDIATE OR CONTINUING EFFECTS OF LACK OF NATURAL OR OTHER RESOURCES; OR ANY OTHER CAUSE OF POVERTY, DISTRESS OR SUFFERING. 2.1.2 GENERALLY THE ADVANCEMENT OF ANY RELIGIOUS OR OTHER CHARITABLE OBJECT NOT INCONSISTENT WITH THE FORGOING WHICH MAY FROM TIME TO TIME COMMEND ITSELF TO THE TRUSTEES. 2.2 THE TRUSTEES MAY IN THEIR DISCRETION, FOR A PERIOD OF 21 YEARS FROM THE DATE OF THIS DEED, INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR, ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME, AND THE RESULTING INCOME, IN ANY AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY, 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 CHARITY ARISING IN THE THEN CURRENT YEAR.
Area of benefit
NOT DEFINED IN PRACTICE WORLDWIDE
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