Friends of LEV Aryeh Yeshiva

3.1 THE OBJECTS OF THE CHARITY SHALL BE THE ADVANCEMENT OF ORTHODOX JEWISH RELIGIOUS EDUCATION THROUGHOUT THE WORLD AND IN PARTICULAR BY SUPPORTING THE CHARITABLE ACTIVITIES OF THE COLLEGE.3.2 THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT FOR OR TOWARDS SUCH OF THE OBJECTS OF THE CHARITY AS THE TRUSTEES MAY FROM TIME TO TIME AT THEIR ABSOLUTE DISCRETION DETERMINEINCLUDING PAYMENTS BY WAY OF GIFT OR LOAN (WITH OR WITHOUT INTEREST) TO INDIVIDUAL PERSONS IN ANY PART OF THE WORLD PROVIDED THAT SUCH PERSONS QUALIFY AS OBJECTS OF THE CHARITY AND IN PARTICULAR FOR THE CHARITABLE ACTIVITIES OF THE COLLEGE AS DETERMINED BY ENGLISH LAW.