Governing document THE MCBAIN FAMILY FOUNDATION
Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 15 DEC 2017
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 PARTS OF THE CAPITAL FOR THE PUBLIC BENEFIT AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT FOR OR TOWARDS THE RELIEF OF POVERTY OR THE PROMOTION OF EDUCATION ANYWHERE IN THE WORLD OR FOR OR TOWARDS SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES SHALL SELECT FROM TIME TO TIME. 3.2. THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME, AND ALL OR SUCH PARTS OF THE CAPITAL, FOR THE PUBLIC BENEFIT 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.
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