Charitable objects
(1) THE OBJECTS OF THE CHARITY ARE TO MAKE GRANTS AND INTEREST FREE LOANS FOR NINE
YEARS (OR SUCH OTHER TERMS AS THE TRUSTEES DECIDE) TO OR FOR YOUNG PEOPLE
RESIDING IN THE BOROUGH OF NORTHAMPTON FOR:
A) THE RELIEF OF NEED BY REASON OF YOUTH, ILL HEALTH, DISABILITY, FINANCIAL HARDSHIP
OR OTHER SOCIAL OR ECONOMIC DISADVANTAGE;
B) THE ADVANCEMENT OF EDUCATION OR TRAINING; OR
C) ESTABLISHING THEM IN WORK, VOCATION OR OTHERWISE IN LIFE.
(2) IN FURTHERING THE OBJECTS, THE LOANS AND GRANTS WILL BE MADE IN THE FOLLOWING
ORDER PRIORITY:
A) LOANS TO OR FOR YOUNG MEN;
B) LOANS TO OR FOR YOUNG WOMEN;
C) GRANTS TO OR FOR YOUNG MEN; AND
D) GRANTS TO OR FOR YOUNG WOMEN.