Details of the type of governing document the charity has and when it was established. It is not the full text of the charity's governing document.
WILL PROVED ON 28/05/2013
Charitable objects
THE COMPANY SHALL HOLD MY RESIDUARY ESTATE AS TO BOTH CAPITAL AND INCOME UPON TRUST TO BE KNOWN AS "THE C M LOWE CHARITABLE TRUST" (THE "TRUST FUND") ON THE FOLLOWING TRUSTS AND SUBJECT TO THE FOLLOWING POWERS AND PROVISIONS:-
(A) TO APPLY THE INCOME THEREOF FOR THE BENEFIT OF SUCH CHARITIES WHICH BENEFIT THOSE SUFFERING FROM ARTHRITIS ALZHEIMERS DISEASE AND BLINDNESS AS THE COMPANY SHALL IN ITS ABSOLUTE DISCRETION SELECT AND IN SUCH MANNER AND IN SUCH SHARES AS THE COMPANY SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT AND PROVIDED THAT UNTIL THE EXPIRATION OF THE PERIOD OF TWENTY ONE YEARS FROM MY DEATH MY TRUSTEES SHALL HAVE THE POWER TO ACCUMULATE THE WHOLE OR ANY PART OF SUCH INCOME BY INVESTING THE SAME IN ANY INVESTMENTS HEREBY AUTHORISED AND ALL ACCUMULATIONS MADE SHALL FORM AN ACCRETION TO THE CAPITAL OF THE TRUST FUND;
(B) NOTWITHSTANDING THE FOREGOING TRUST OF INCOME THE COMPANY SHALL HAVE POWER AT ANY TIME OR TIMES TO PAY TRANSFER OR APPLY THE WHOLE OR ANY PART OF THE CAPITAL OF THE TRUST FUND TO OR FOR THE BENEFIT OF SUCH CHARITY OR CHARITIES AS HEREINBEFORE MENTIONED IN SUCH SHARES AND IN SUCH MANNER AS THE COMPANY SHALL IN ITS ABSOLUTE DISCRETION THINK FIT.
Area of benefit
The area the charity can operate in, as set out in its governing document.
