Ghana International Foundation

THE TRUSTEES SHALL HOLD THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL THEREOF FOR OR TOWARDS RELIEVING PERSONS RESIDENT IN THE CONTINENT OF AFRICA WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS AS A RESULT OF LOCAL, NATIONAL OR INTERNATIONAL DISASTER OR BY REASON OF THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES AND IN FURTHERING THE EDUCATION OF PERSONS RESIDENT IN THE CONTINENT OF AFRICA IN SUCH MANNER AS THE TRUSTEES MAY AT ANY TIME AND FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT DURING THE ACCUMULATION PERIOD THE TRUSTEES MAY IN THEIR DISCRETION ACCUMULATE THE WHOLE OR ANY PART OF THE INCOME OF THE TRUST FUND BY INVESTING THE SAME AND THE RESULTING INCOME THEREOF IN OR UPON ANY INVESTMENTS HEREBY AUTHORISED AND SHALL HOLD SUCH ACCUMULATIONS AS AN ACCRETION TO THE CAPITAL OF THE TRUST FUND AND AS ONE FUND THEREWITH FOR ALL PURPOSES.