Governing document THE MARY ROSE PERMANENT ENDOWMENT FUND
Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 20 JUN 2013
Charitable objects
2.2 THE OBJECTS ARE TO SUPPORT THE MARY ROSE TRUST OF COLLEGE ROAD, HM NAVAL BASE, PORTSMOUTH PO1 3LX REGISTERED CHARITY NUMBER 277503 FOR THE PUBLIC BENEFIT, FIRSTLY, BY MAKING GRANTS OUT OF INCOME FOR THE PURPOSE STATED BELOW AT 2.2.1, SECONDLY BY MAKING GRANTS OUT OF INCOME FOR THE PURPOSE STATED BELOW AT 2.2.2 AND, THIRDLY, BY MAKING LOANS OR THE PROVISION OF SECURITY FOR BORROWING BY THE MARY ROSE TRUST OUT OF CAPITAL FOR THE PURPOSES LISTED AT 2.2.3 BELOW: 2.2.1 MEETING ANY SHORTFALL IN THE INCOME REQUIREMENTS OF THE MARY ROSE TRUST (AS MAY FROM TIME TO TIME BE REQUESTED BY THE TRUSTEES OF THE MARY ROSE TRUST). 2.2.2 SUPPORTING DEVELOPMENT PROJECTS PROPOSED BY THE TRUSTEES OF THE MARY ROSE TRUST. 2.2.3 PROVIDING EMERGENCY FUNDING TO THE MARY ROSE TRUST (IN RESPONSE TO ANY REQUEST BY THE TRUSTEES OF THE MARY ROSE TRUST) FOR CAPITAL PROJECTS OR TOWARDS GENERAL EXPENDITURE.
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