Governing document LAWRENCE SHERIFF ALMSHOUSES
Governing document
It is not the full text of the charity's governing document.
CIO - FOUNDATION Registered 22 Oct 2021
Charitable objects
(A) THE PREVENTION OR RELIEF OF POVERTY BY PROVIDING SOCIAL HOUSING, IN THE FORM OF ALMSHOUSE ACCOMMODATION, FOR AGED MEN RESIDENT IN THE BOROUGH OF RUGBY WHO HAVE RESIDED IN THE BOROUGH FOR NOT LESS THAN TEN YEARS BEFORE THE TIME OF APPOINTMENT AND WHO ARE IN NEED OF SUCH ACCOMMODATION DUE TO FINANCIAL HARDSHIP OR LIMITED FINANCIAL RESOURCES. (B) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS AS THE TRUSTEES DECIDE; (C) THE CHARITY TRUSTEES MAY IN EXCEPTIONAL CIRCUMSTANCES APPOINT A RESIDENT WHO LIVES OUTSIDE THE BOROUGH OF RUGBY WHO IS OTHERWISE QUALIFIED. THE CHARITY TRUSTEES MUST RECORD THE EXCEPTIONAL CIRCUMSTANCES IN THE MINUTES. THE NUMBER OF RESIDENTS APPOINTED UNDER THIS SUB-CLAUSE MUST NOT EXCEED ONE THIRD OF THE NUMBER OF RESIDENTS AT ANY ONE TIME.
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