Chapman's Educational Foundation

1. TO BENEFIT CHILDREN AND ADULTS OR CHILDREN ONLY OF THE LABOURING, MANUFACTURING AND OTHER POORER CLASSES IN THE PARISHES OF RAVENSTONE, LITTLE WOOLSTONE, WESTON UNDERWOOD, GREAT WOOLSTONE, BROUGHTON, WILLEN, STOKE GOLDINGTON, TYRINGHAM WITH FILGRAVE, GAYHURST AND THE DISTRICT OF MILTON KEYNES THE TRUSTEES SHALL PAY A YEARLY SUM OF ú20 TOGETHER WITH A SUM OF ú66.4D. OUT OF THE CASH IN HAND AT THE DATE OF THIS SCHEME TO THE VICAR OF RAVENSTONE AND A YEARLY SUM OF ú10 TOGETHER WITH A SUM OF ú33 6S. 8D. OUT OF THE SAID CASH IN HAND TO THE RECTOR OF LITTLE WOOLSTONE TO BE APPLIED BY THEM AS THE TRUSTEES IN THE PROMOTION OF RELIGIOUS INSTRUCTION IN ACCORDANCE WITH THE DOCTRINES OF THE CHURCH OF ENGLAND FOR CHILDREN OF THE POORER CLASSES IN THE RESPECTIVE PARISHES. THE TRUSTEES SHALL APPLY THE RESIDUE OF THE NET INCOME IN PROMOTING THE EDUCATION, INCLUDING SOCIAL AND PHYSICAL TRAINING, OF BOYS AND GIRLS IN THE BENEFICIAL AREA WITH AM PREFERENCE FOR THOSE RESIDENT IN THE RESPECTIVE PARISHES OF RAVENSTONE AND LITTLE WOOLSTONE.