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David And Elaine Potter Foundation

Facts, figures and similar charities

Website: http://www.potterfoundation.com

What does this charity do?

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accumulate

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compound interest by investing

Finances:

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Objects:

the trustees shall hold the trust fund and its income upon trust to apply them for:-(1) the advancement of education of the public in particular, but without prejudice to the generality of the foregoing, the education of the public through scientific research and the dissemination to the public of the useful results of such research; and (2) such other charitable purposes as the trustees in their absolute discretion from time to time think fit.provided that the trustees may at their absolute discretion for the period of twenty one years from the date of this deed instead of applying the income of the charity in any year accumulate all or any part of such income at compound interest by investing the same and the resulting income in any of the authorised investments and hold the same as an accretion to and as part of the capital of the charity without prejudice to the their right to apply the whole or any part of such accumulated income in any subsequent year as if the same were income of the charity arising in the then current year.

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