Charitable objects
(1) THE OBJECT OF THE CHARITY FOR YOUNG PERSONS IS TO PROMOTE THE EDUCATION OF PERSONS UNDER THE AGE OF 21 WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND ARE RESIDENT IN THE AREA OF BENEFIT. (2) THE TRUSTEES MAY CARRY OUT THIS OBJECT BY: (A) MAKING GRANTS OF MONEY TO INDIVIDUALS OR GROUPS; OR (B) PROVIDING OR PAYING FOR GOODS, SERVICES OF FACILITIES FOR THEM; OR (C) MAKING GRANTS OF MONEY TO OTHER PERSONS OR BODIES WHO PROVIDE GOODS, SERVICES OR FACILITIES TO THEM. (3) IN EXCEPTIONAL CASES THE TRUSTEES MAY DECIDE TO ASSIST SOMEONE (WHO IS OTHERWISE QUALIFIED) WHO IS: (A) RESIDENT OUTSIDE THE AREA OF BENEFIT; OR (B) ONLY TEMPORARILY RESIDENT IN THE AREA OF BENEFIT.