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Bezvon Charitable Foundation

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accumulate

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express conditions imposed by any donor or testator

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commencing with the execution

Finances:

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Objects:

the trustees hereby declare that they will hold the trust fund and the income thereof (subject only to any express conditions imposed by any donor or testator) upon trust to pay or apply the whole thereof in such manner as the trustees shall in their absolute discretion think fit to or for the benefit of such one or more charitable purposes or charitable institution in any part of the world at such time or times in such manner and in such proportions as the trustees may from time to time in their discretion determine with the power for the trustees (if in their absolute discretion they think fit) during the period of 21 years commencing with the execution of this deed to accumulate the whole or any part or parts of the income of the trust fund by investing the same in any investments hereby authorised and so that the accumulations so made shall be as an accretion to the capital of the trust fund.

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