Charitable objects
TO PROMOTE AND ADVANCE EDUCATION: (A) BY PROVIDING SCHOLARSHIPS TO RHODES SCHOLARS FROM ANYWHERE IN THE WORLD OR FROM SUCH COUNTRY OR TERRITORY AS THE TRUSTEES SHALL DETERMINE IN THEIR UNCONTROLLED DISCRETION; OR (B) IF THE TRUSTEES SHALL CONCLUDE IN THEIR UNCONTROLLED DISCRETION THAT ANY OR ALL OF THE ASSETS OF THE TRUST CAN NO LONGER BE APPLIED IN PROVIDING SUCH SCHOLARSHIPS, THEN IN RELATION TO SUCH ASSETS, BY SUCH OTHER MEANS AS ARE EXCLUSIVELY CHARITABLE AS THE TRUSTEES IN SUCH DISCRETION SHALL DETERMINE.