Governing document THE ADDO TRUST

Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 27 MARCH 2007
Charitable objects
(1) THE RELIEF OF POVERTY AND DISTRESS IN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND WITH PARTICULAR REFERENCE TO (A) CARING FOR AND SUPPORTING CHILDREN AND YOUNG PEOPLE IN MATERIAL PHYSICAL EDUCATIONAL OR OTHER NEED (B) RELIEVING HUMAN SUFFERING AMONGST HOMELESS PEOPLE AND (2) SUCH OTHER CHARITABLE PURPOSES WORLDWIDE AS THE TRUSTEES MAY DETERMINE AT SUCH TIME OR TIMES AND IN SUCH PROPORTIONS AND SUCH MANNER AND SUBJECT TO SUCH TERMS AND CONDITIONS AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT THE TRUSTEES MAY AT THEIR DISCRETION DURING THE PERIOD OF TWENTY-ONE YEARS FROM DATE OF THIS SETTLEMENT INSTEAD OF APPLYING THE INCOME OF THE TRUST FUND IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE INVESTMENTS AUTHORISED BY THIS SETTLEMENT OR BY LAW AND HOLDING THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE TRUST FUND 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 TRUST FUND ARISING IN THE THEN CURRENT YEAR
Area of benefit
NATIONAL AND OVERSEAS
Tell us whether you accept cookies
We use cookies to collect information about how you use your Charity Commission Account, such as pages you visit.
We use this information to better understand how you use our website so that we can improve your user experience and present more relevant content.