Governing document BLACKROCK CHARITIES FUNDS
Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 01 APR 2019
Charitable objects
4.1 SUBJECT TO CLAUSE 4.2 THE FUND IS ESTABLISHED EXCLUSIVELY TO FURTHER THE CHARITABLE PURPOSES OF THE PARTICIPATING CHARITIES THAT DIRECTLY OR INDIRECTLY HOLD UNITS IN THE SUB-FUNDS FROM TIME TO TIME BY THE PROVISION OF A CAIF FOR THE INVESTMENT OF SUMS OF MONEY AND OTHER PROPERTY FROM TIME TO TIME TRANSFERRED TO A SUB-FUND BY OR ON BEHALF OF A PARTICIPATING CHARITY SUBJECT TO THE TERMS OF THIS DEED. 4.2 IF AT ANY TIME THERE ARE NO HOLDERS OF UNITS IN THE SUB-FUNDS, THE FUND SHALL HAVE SUCH CHARITABLE PURPOSES AS THE MANAGER AND TRUSTEE SHALL DETERMINE FROM TIME TO TIME. 4.3 SUBJECT TO THE PROVISIONS OF THIS DEED AND CLAUSE 4.1, A PARTICIPATING CHARITY SHALL BE ENTITLED TO THE CAPITAL AND INCOME OF A SUB-FUND IN SHARES DETERMINED BY REFERENCE TO THE AMOUNT OR VALUE OF THE MONIES OR PROPERTY TRANSFERRED TO THE SUB-FUND BY OR ON BEHALF OF EACH PARTICIPATING CHARITY AND TO THE VALUE OF THE SUB-FUND AT THE TIME OF THE TRANSFERS.
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