Governing document THE NESTA TRUST
Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 22 SEP 2011 AS AMENDED BY SCHEME DATED 16/03/2016
Charitable objects
THE OBJECTS OF THE NESTA TRUST ARE FOR THE PUBLIC BENEFIT: 9.1 TO ADVANCE EDUCATION, AND IN PARTICULAR THE STUDY OF INNOVATION, BY THE PROMOTION OF RESEARCH AND THE PUBLICATION OF THE USEFUL RESULTS THEREOF, IN: 9.1.1 SCIENCE AND TECHNOLOGY; 9.1.2 THE ARTS; 9.1.3 THE EFFICIENCY OF PUBLIC SERVICES; 9.1.4 THE VOLUNTARY SECTOR AND SOCIAL ENTERPRISE; AND 9.1.5 INDUSTRY AND COMMERCE. 9.2 TO ADVANCE: 9.2.1 SCIENCE AND TECHNOLOGY; 9.2.2 THE ARTS; 9.2.3 THE EFFICIENCY OF PUBLIC SERVICES; 9.2.4 THE VOLUNTARY SECTOR; AND 9.2.5 INDUSTRY AND COMMERCE AND SOCIAL ENTERPRISE WHICH (A) RELIEVES POVERTY; (B) RELIEVES UNEMPLOYMENT; (C) ADVANCES HEALTH; (D) ADVANCES ENVIRONMENTAL PROTECTION OR IMPROVEMENT AND SUSTAINABLE DEVELOPMENT; AND (E) ADVANCES CITIZENSHIP OR COMMUNITY DEVELOPMENT THROUGH OR BY ENCOURAGING AND SUPPORTING INNOVATION. "THE VOLUNTARY SECTOR" MEANS CHARITIES AND VOLUNTARY ORGANISATIONS. CHARITIES ARE ORGANISATIONS, WHICH ARE ESTABLISHED FOR EXCLUSIVELY CHARITABLE PURPOSES IN ACCORDANCE WITH THE LAW OF ENGLAND AND WALES. VOLUNTARY ORGANISATIONS ARE INDEPENDENT ORGANISATIONS, WHICH ARE ESTABLISHED FOR PURPOSES THAT ADD VALUE TO THE COMMUNITY AS A WHOLE, OR A SIGNIFICANT SECTION OF THE COMMUNITY, AND WHICH ARE NOT PERMITTED BY THEIR CONSTITUTION TO MAKE A PROFIT FOR PRIVATE DISTRIBUTION. VOLUNTARY ORGANISATIONS DO NOT INCLUDE LOCAL GOVERNMENT OR OTHER STATUTORY AUTHORITIES. "SUSTAINABLE DEVELOPMENT" MEANS "DEVELOPMENT THAT MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS".
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