Governing document DM THOMAS FOUNDATION FOR YOUNG PEOPLE
Governing document
It is not the full text of the charity's governing document.
DECLARATION OF TRUST DATED 17/11/2000 AS AMENDED BY RESOLUTION DATED 05/10/2007 AS AMENDED BY DEED DATED 12/12/2014
Charitable objects
1) THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO PAY THEREFROM ALL THE PROPER COSTS AND EXPENSES INCURRED BY THE TRUSTEES IN ESTABLISHING AND ADMINISTERING THE CHARITY AND THE TRUST FUND AND SUBJECT THERETO TO APPLY THE INCOME TO SUCH CHARITABLE INSTITUTIONS OR TOWARDS OR FOR THE ADVANCEMENT OR IN FURTHERANCE OF SUCH CHARITABLE PURPOSES IN SUCH MANNER AND IN SUCH PROPORTIONS AS THE TRUSTEES MAY FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION DETERMINE. 2) THE TRUSTEES SHALL HAVE THE POWER AT ANY TIME AND FROM TIME TO TIME TO PAY OR APPLY THE WHOLE OR ANY PART OF THE CAPITAL OF THE TRUST FUND AS IF IT WERE INCOME.
Area of benefit
NOT DEFINED
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