Governing document THE CLARION WELSBY FAMILY FOUNDATION

Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 08/03/2011
Charitable objects
1 SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT 2 CHARITABLE SHALL MEAN CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES 3 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 ACCUMLATE 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 OF THE CHARITY ARISING IN THE THEN CURRENT YEAR.
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