Governing document THE VIRGIN MONEY FOUNDATION
Governing document
It is not the full text of the charity's governing document.
MEMORANDUM AND ARTICLES INCORPORATED 25 FEB 2015 AS REGISTERED AT COMPANIES HOUSE ON 10/04/2015 as amended on 27 Nov 2019 as amended on 20 Jun 2021
Charitable objects
THE ONLY OBJECTS FOR WHICH THE CHARITY IS ESTABLISHED ARE FOR THE PUBLIC BENEFIT: 1) TO PROMOTE THE SUSTAINABLE REGENERATION OF SOCIALLY OR ECONOMICALLY DEPRIVED COMMUNITIES IN THE UK BY WHATEVER CHARITABLE MEANS THE TRUSTEES THINK FIT INCLUDING (BUT NOT LIMITED TO) BY PROVIDING SOCIAL INVESTMENT IN COMMUNITY HOUSING AND BUILDING PROJECTS, PROMOTING OPPORTUNITIES FOR YOUTH WORK, EDUCATION, TRAINING AND ENTERPRISE ESPECIALLY IN SUCH PROJECTS, RELIEVING UNEMPLOYMENT AND THE PROMOTION OF OTHER COMMUNITY BASED PROJECTS; AND 2) TO FURTHER SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES IN THE UK ACCORDING TO THE LAW OF ENGLAND & WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE (“THE OBJECTS”).
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