The Spirit of Slapton

TO ADVANCE SUCH PURPOSES AS ARE CHARITABLE IN LAW FOR THE BENEFIT OF THE RESIDENTS OF SLAPTON AND THE SURROUNDING AREA BY UNDERTAKING PROJECTS AND MAKING GRANTS OF FINANCIAL ASSISTANCE TO CHARITIES AND VOLUNTARY ORGANISATIONS. FOR THE PURPOSES OF THIS CLAUSE: • CHARITIES ARE ORGANISATIONS, WHICH ARE ESTABLISHED FOR EXCLUSIVELY CHARITABLE PURPOSES IN ACCORDANCE WITH THE LAW OF ENGLAND AND WALES. • VOLUNTARY ORGANISATIONS ARE INDEPENDENT ORGANISATIONS, WHICH ARE ESTABLISHED FOR PURPOSES THAT ADD VALUE TO THE COMMUNITY AS A WHOLE, OR A SIGNIFICANT SECTION OF THE COMMUNITY, AND WHICH ARE NOT PERMITTED BY THEIR CONSTITUTION TO MAKE A PROFIT FOR PRIVATE DISTRIBUTION. VOLUNTARY ORGANISATIONS DO NOT INCLUDE LOCAL GOVERNMENT OR OTHER STATUTORY AUTHORITIES.