ST Teresa Orphan Foundation

THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO APPLY THEM FOR THE FOLLOWING OBJECTS ("THE OBJECTS") IN ARGENTINE [AND ELSEWHERE IN LATIN AMERICA] ("THE AREA OF BENEFIT"). A) FOR THE RELIEF OF POVERTY, SICKNESS AND DISTRESS IN PARTICULAR AMONGST ORPHANS, ELDERLY AND DISABLED PERSONS THROUGH THE PROVISION OF FOOD, CLOTHING, MEDICAL ASSISTANCE, PASTORAL CARE AND IN SUCH OTHER WAYS AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE; B) FOR THE ADVANCEMENT OF EDUCATION PARTICULARLY AMONGST ORPHANS, ELDERLY AND DISABLED PERSONS; C) TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES FOR THE RECREATION AND OTHER LEISURE-TIME OCCUPATION OF THE PUBLIC AND IN PARTICULAR FOR THOSE MEMBERS OF THE PUBLIC WHO ARE ORPHANS, ELDERLY OR DISABLED, WHO ARE IN NEED OF SUCH FACILITIES DUE TO THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES, IN THE INTERESTS OF SOCIAL WELFARE AND SO THAT THEIR CONDITIONS OF LIFE MAY BE IMPROVED.