Kettering OLD Grammar School Foundation

THE OBJECT OF THE CHARITY IS TO ADVANCE EDUCATION IN THE FOLLOWING WAYS: (1)(A) PROVIDING OR ASSISTING IN THE PROVISION OF SUCH FACILITIES OR ITEMS OF ANY KIND NOT PROVIDED OUT OF STATUTORY FUNDS FOR ANY EDUCATIONAL INSTITUTION IN THE BOROUGH OF KETTERING AS MAY FROM TIME TO TIME BE AGREED BETWEEN THE TRUSTEE AND THE EDUCATIONAL INSTITUTION CONCERNED. (B) PROVIDING FACILITIES NOT PROVIDED OUT OF STATUTORY FUNDS FOR RECREATION AND SOCIAL AND PHYSICAL TRAINING FOR PERSONS WHO ARE RECEIVING PRIMARY, SECONDARY OR FURTHER EDUCATION IN THE BOROUGH OF KETTERING OR WHO ARE RESIDENT IN THE SAID BOROUGH. (C) ADVANCING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PERSONS WITH PREFERENCE FOR THOSE UNDER THE AGE OF 25 YEARS WHO ARE NORMALLY RESIDENT IN THE BOROUGH OF KETTERING AND WHO ARE ATTENDING OR WHO FOR NOT LESS THAN TWO YEARS ATTENDED AN EDUCATIONAL INSTITUTION IN THE SAID BOROUGH AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING: (I) IN AWARDING TO SUCH PERSONS SCHOLARSHIPS, EXHIBITIONS, BURSARIES, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY SCHOOL, UNIVERSITY, COLLEGE OF EDUCATION, OR OTHER INSTITUTION OF FURTHER (INCLUDING PROFESSIONAL AND TECHNICAL) EDUCATION APPROVED FOR THE PURPOSE BY THE TRUSTEE. (II) IN PROVIDING FINANCIAL ASSISTANCE, OUTFITS, CLOTHING, TOOLS, INSTRUMENTS OR BOOKS TO ASSIST SUCH PERSONS TO PURSUE THEIR EDUCATION (INCLUDING THE STUDY OF MUSIC AND OTHER ARTS), TO UNDERTAKE TRAVEL IN FURTHERANCE THEREOF, OR TO PREPARE FOR OR ENTER A PROFESSIONAL, TRADE OCCUPATION OR SERVICE ON LEAVING SCHOOL, UNIVERSITY, OR OTHER EDUCATIONAL ESTABLISHMENT. (III) IN AWARDING TO ANY EDUCATIONAL INSTITUTION GRANTS, BURSARIES OR SCHOLARSHIPS WHICH CAN ONLY BE USED FOR THE BENEFIT OF PERSONS AS DEFINED IN THIS SUB-PARAGRAPH. (2) WITHIN THE LIMITS PRESCRIBED BY THIS SCHEME THE TRUSTEE SHALL HAVE FULL POWER TO MAKE RULES FOR THE AWARD OF SCHOLARSHIPS, EXHIBITIONS, BURSARIES, MAINTENANCE ALLOWANCES AND OTHER BENEFITS, INCLUDING RULES AS TO THE VALUE AND PERIOD OF TENURE OF THE AWARDS AND THE QUALIFICATIONS, METHOD OF ASCERTAINMENT AND A SELECTION OF CANDIDATES FOR BENEFIT.