The Daisie Rich Trust

FOR THE PUBLIC BENEFIT: THE RELIEF OF POVERTY BY THE GRANTING OF ANNUITIES, PENSIONS OR ALLOWANCES TO SUCH OF THE PERSONS FOLLOWING AS ARE OR SHALL BE NECESSITOUS AND DESERVING NAMELY PERSONS WHO HAVE BEEN IN THE EMPLOYMENT OF UPWARD & RICH LIMITED AND THE WIFE WIDOW, HUSBAND WIDOWER, CHILDREN, PARENTS OR OTHER DEPENDENTS OF ANY PERSON WHO HAS BEEN HIMSELF OR HERSELF A MEMBER OF THE CLASS OF BENEFICIARIES; AND TO FURTHER SUCH CHARITABLE PURPOSES, WHICH ARE CHARITABLE UNDER THE LAW OF ENGLAND AND WALES, BY MAKING GRANTS AND DONATIONS TO SUCH OTHER CHARITABLE TRUSTS OR OTHER CHARITABLE ENTITIES OR OTHER ORGANISATIONS IN EACH CASE FOR THE BENEFIT OF THE ISLE OF WIGHT AND ITS RESIDENTS.