Finances:
Objects:
the trustees shall apply the residue of the said income for the benefit of persons who are resident in the parish of warboys or the neighbourhood thereof with a preference for those who have not attained the age of 25 years (hereinafter referred to as beneficiaries) in one or more of the following ways. (a) in providing religious instruction of beneficiaries in accordance with the principles of the christian faith;(b) in providing financial assistance to any charitable organisation in the parish of warboys or in the neighbourhood therof the objects of which are directed to advancing the education of, or improving the conditions of life for, beneficiaries by developing their physical, mental and moral capacities through their leisure-time activities; (c) in awarding to beneficiaries who are in need of financial assistance schorlarships, bursaries, maintenance allowances or grants of money to enable them- (1) to attend any school, university or other place of learning approved by the trustees, (11) to study music or other arts, (111) to travel to pursue their education; (d) in making grants of money or paying for outfits, clothing,tools, instuments or books to enable beneficiaries who are in need of financial assistance on leaving school, university or any other educational establishment to prepare for, or to enter, a profession, trade or calling; (e) in otherwise promoting the education (including social and physical training) of beneficiaries.
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