Governing document THE MARK WILLIAMS FOUNDATION

Charity number: 1153086
Removed charity

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

TRUST DEED DATED 12 APR 2013 AS AMENDED BY DEED DATED 19/07/2013

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, AT SUCH TIME OR TIMES AND IN SUCH MANNER TO, OR FOR THE BENEFIT OF, SUCH EXCLUSIVELY 'CHARITABLE' OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT. 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 INVESTMENT 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 THE THEN CURRENT YEAR. 3.3 WITHOUT PREJUDICE TO THE GENERALITY OF SUB-CLAUSE 3.1 THE TRUSTEES MAY APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT: 3.3.1 TO ADVANCE EDUCATION IN ENGLAND & WALES, ESPECIALLY BUT NOT EXCLUSIVELY FOR YOUNG PEOPLE IN MUSIC AND/OR MATHEMATICS; 3.3.2 TO PROMOTE FOR THE BENEFIT OF YOUNG PEOPLE IN ENGLAND & WALES THE STUDY AND PLAYING OF INSTRUMENTAL MUSIC WITH PARTICULAR EMPHASIS ON THE BASSOON AND/OR THE PIANO; 3.3.3 TO HELP YOUNG PEOPLE IN ENGLAND & WALES, ESPECIALLY BUT NOT EXCLUSIVELY THROUGH CULTURAL ACTIVITIES, TO DEVELOP THEIR CAPABILITY TO CONTRIBUTE TO SOCIETY; AND 3.3.4 TO PROMOTE THE PLAYING OF THE BASSOON


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