Finances:
Objects:
the net yearly income of the foundation shall be applied by the governors in one or both of the following ways:- (a) in providing financial assistance to any voluntary organisation having charitable objects directed to educating or improving the conditions of life of beneficiaries by developing their physical, mental and moral capacities through their leisure-time activities; (b) in otherwise promoting the education (including social and physical training) of beneficiaries. (beneficial area - ecclesiastical parishes of winwick, newton st peter's, newton all saints, emmanuel wargrave, st john's earlestown, lowton st mary's and lowton st luke's.)
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