Governing document THE ROSE FAMILY CHARITABLE TRUST
Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 5 MARCH 2007
Charitable objects
1.2 THE OBJECTS OF THE TRUST ARE SUCH EXCLUSIVELY CHARITABLE PURPOSES, WHETHER WITHIN THE UNITED KINGDOM OR OVERSEAS, AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION DETERMINE ('THE OBJECTS'). 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 SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE TRUST ARISING IN THE THEN CURRENT YEAR.
Area of benefit
NATIONAL AND OVERSEAS
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