Spilsby Grammar School Foundation

(A) IN OR TOWARDS PROVIDING SUCH SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED OUT OF PUBLIC FUNDS FOR THE KING EDWARD VI ACADEMY OR ANY SUCCESSOR SCHOOL IN SPILSBY AS MAY FROM TIME TO TIME BE AGREED BETWEEN THE TRUSTEES AND THE GOVERNORS OF THE SCHOOL;(B) IN PROMOTING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PERSONS UNDER THE AGE OF 25 YEARS WHO ARE RESIDENT IN OR NEAR SPILSBY OR WHO HAVE A PARENT OR PARENTS SO RESIDENT WHO HAVE AT ANY TIME ATTENDED AS A PUPIL AT A SCHOOL IN OR NEAR SPILSBY AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING – (I) IN AWARDING TO SUCH PERSONS SCHOLARSHIPS, EXHIBITIONS, BURSARIES, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY SCHOOL, UNIVERSITY, COLLEGE OF EDUCATION, OR OTHER INSTITUTION OF FURTHER (INCLUDING PROFESSIONAL AND TECHNICAL) EDUCATION APPROVED FOR THE PURPOSE BY THE TRUSTEE;(II) IN PROVIDING FINANCIAL ASSISTANCE, OUTFITS, CLOTHING, TOOLS, INSTRUMENTS OR BOOKS TO ASSIST SUCH PERSONS TO PURSUE THEIR EDUCATION (INCLUDING THE STUDY OF MUSIC AND OTHER ARTS), TO UNDERTAKE TRAVEL IN FURTHERANCE THEREOF, OR TO PREPARE TO ENTER A PROFESSION, TRADES, OCCUPATION OR SERVICE ON LEAVING SCHOOL, UNIVERSITY OR OTHER EDUCATIONAL ESTABLISHMENT;(C) IN OR TOWARDS PROVIDING SUCH SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED OUT OF PUBLIC FUNDS FOR ANY SCHOOL IN OR NEAR SPILSBY AS MAY FROM TIME TO TIME BE AGREED BETWEEN THE TRUSTEES AND THE GOVERNORS OF THE SCHOOL CONCERNED;(D) IN AWARDING PRIZES OR OTHER SUITABLE REWARDS OR MARKS OF DISTINCTION OF PUPILS ATTENDING THE SAID KING EDWARD VI ACADEMY OR ANY SUCCESSOR SCHOOL IN SPILSBY IN RECOGNITION OF THEIR ACADEMIC, ARTISTIC, CREATIVE, MORAL OR PHYSICAL ACHIEVEMENTS. (2) WITHIN THE LIMITS PRESCRIBED BY THIS SCHEME THE TRUSTEES SHALL HAVE FULL POWER TO MAKE RULES FOR THE AWARD OF SCHOLARSHIPS, EXHIBITIONS, BURSARIES, MAINTENANCE ALLOWANCES AND OTHER BENEFITS, INCLUDING RULES AS TO THE VALUE AND PERIOD OF TENURE OF THE AWARDS AND THE QUALIFICATIONS, METHOD OF ASCERTAINMENT AND SELECTION OF CANDIDATES FOR BENEFIT.