Governing document THE CHRISTOPHER LAMBERT FOUNDATION
Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 30 DECEMBER 2009
Charitable objects
3.1 THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME, AND ALL OR SUCH PART OR PARTS OF THE CAPITAL FOR THE PUBLIC BENEFIT, AT SUCH TIME OR TIMES AND IN SUCH MANNER TO, OR FOR THE BENEFIT OF, SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN THE PARISH OF WALTON AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT AND WITHOUT DETRACTING FROM THE GENERAL NATURE OF THE CHARITABLE TRUST TOWARDS; (A) THE MAINTENANCE OF THE PARISH CHURCH; (B) THE ADVANCEMENT OF THE ANGLICAN RELIGION IN THE PARISH OF WALTON FOR THE BENEFIT OF THE PUBLIC THROUGH THE HOLDING OF PRAYER MEETINGS, RELIGIOUS SERVICES, LECTURES, AND THE PUBLIC CELEBRATION OF RELIGIOUS FESTIVALS; (C) THE SUPPORT OF ANGLICAN CLERGY WORKING WITHIN THE PARISH OF WALTON FOR ACTING AS SUCH, INCLUDING THE PROVISION OF STIPENDS AND OTHER LIVING ALLOWANCES, PENSIONS AND RETIREMENT ACCOMMODATION; (D) THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION FOR THE BENEFIT OF THE INHABITANTS OF THE PARISH OF WALTON BY THE PROVISION OF FACILITIES FOR THE PLAYING OF SPORTS; (E) THE PROVISION AND MAINTENANCE OF A VILLAGE HALL FOR THE USE OF THE INHABITANTS OF THE PARISH OF WALTON WITHOUT DISTINCTION OF POLITICAL, RELIGIOUS OR OTHER OPINIONS, INCLUDING USE FOR (I) MEETINGS, LECTURES AND CLASSES; AND (II) OTHER FORMS OF RECREATION AND LEISURE TIME OCCUPATION, WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE INHABITANTS. (F) FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PEOPLE UNDER THE AGE OF 25 YEARS IN THE PARISH OF WALTON IN SUCH WAYS AS THE TRUSTEES THINK FIT, INCLUDING BY; (I) AWARDING TO SUCH PERSONS SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY UNIVERSITY, COLLEGE OR INSTITUTION OF HIGHER OR FURTHER EDUCATION; AND (II) PROVIDING THEIR EDUCATION (INCLUDING THE STUDY OF MUSIC OR OTHER ARTS), TO UNDERTAKE TRAVEL IN FURTHERANCE OF THAT EDUCATION OR TO PREPARE FOR ENTRY TO ANY OCCUPATION, TRADE OR PROFESSION ON LEAVING ANY EDUCATIONAL ESTABLISHMENT 3.2 THE TRUSTEES MAY IN THEIR DISCRETION, FOR THE 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 BY INVESTING THE SAME, AND THE RESULTING INCOME, IN ANY INVESTMENTS AUTHORISED BY THIS DEED OR BY LAW 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
WALTON
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