Church Burgesses Trust

A) TO PAY 17.8% OF THE INCOME OF THE CHARITY TO THE TRUSTEES OF THE CHARITY CALLED THE CHURCH BURGESSES EDUCATIONAL FOUNDATION FOR APPLICATION BY THE THOSE TRUSTEES FOR THE PURPOSES OF THAT CHARITY; B) TO APPLY A FURTHER 71.5% OF THE INCOME OF THE CHARITY FOR ECCLESIASTICAL PURPOSES AS PROVIDED FOR AT CLAUSE 10 OF THE 1999 SCHEME; C) TO APPLY THE REMAINING 10.7% OF THE INCOME OF THE CHARITY TO BE APPLIED FOR GENERAL CHARITABLE PURPOSES AS PROVIDED FOR AT CLAUSE 11 OF THE 1999 SCHEME; 1. ECCLESIASTICAL PURPOSES THE TRUSTEES SHALL APPLY THE INCOME FOR ECCLESIASTICAL PURPOSES IN THE FIRST PLACE IN PAYING SUCH SUMS AS THE TRUSTEES MAY DETERMINE AFTER CONSULTATION WITH THE PROVOST IN OR TOWARDS THE STIPENDS OF THE TWO CHAPLAINS OF THE CATHEDRAL CHURCH OF ST PETER AND ST PAUL, SHEFFIELD HOLDING OFFICE IN ACCORDANCE WITH THE CONSTITUTION AND STATUTES OF THE SAID CATHEDRAL CHURCH.2. GENERAL CHARITABLE PURPOSES THE TRUSTEES SHALL APPLY THE INCOME OF THE CHARITY FOR GENERAL CHARITABLE PURPOSES FOR THE GENERAL BENEFIT OF THE INHABITANTS OF SHEFFIELD.**FOR FULL DETAILS SEE CLAUSES 7-11 OF CHARITY COMMISSION SCHEME SEALED 23 AUGUST 1999.