Rand's Educational Foundation

(A) £210 PER YEAR TO THE TRUSTEES OF RAND’S NON-ECCLESIASTICAL CHARITY (REGISTERED CHARITY NUMBER 241658), OR ANY SUCCESSOR, FOR THE GENERAL PURPOSES OF THAT CHARITY; AND(B) £100 PER YEAR PLUS THE LESSER OF £300 OR ONE QUARTER OF THE CHARITY’S INCOME TO THE TRUSTEES OF THE HITCHIN EDUCATION FOUNDATION (REGISTERED CHARITY NUMBER 311024), OR ANY SUCCESSOR, FOR THE GENERAL PURPOSES OF THAT CHARITY; AND(C) NOT MORE THAN £200 TOWARDS THE PAYMENT OF EXPENSES INCURRED BY THE PRINCIPAL OFFICIATING MINISTER OF THE ECCLESIASTICAL PARISH OF HOLWELL IN CARRYING OUT HIS OR HER DUTIES IN RESPECT OF THE SAID ECCLESIASTICAL PARISH AND SUBJECT THERETO IN FURTHERING THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE CHURCH OF ENGLAND IN THE SAID ECCLESIASTICAL PARISH; AND(D) TO ADVANCE EDUCATION BY PROVIDING FINANCIAL SUPPORT TO:(I) SCHOOLS AND EDUCATIONAL ESTABLISHMENTS IN THE AREA OF BENEFIT OR THE URBAN DISTRICT OF HITCHIN IN THE COUNTY OF HERTFORDSHIRE; AND(II) INDIVIDUALS IN FINANCIAL HARDSHIP WHO WERE BORN OR LIVE OR WHOSE PARENTS OR GUARDIANS LIVE IN THE AREA OF BENEFIT, WITH A PREFERENCE FOR INDIVIDUALS UNDER THE AGE OF 25 YEARS OLD.(E) IF AND TO THE EXTENT THAT THE CHARITY’S RESOURCES ARE NOT REQUIRED FOR THE FOREGOING OBJECTS SUCH OTHER CHARITABLE PURPOSES FOR THE BENEFIT OF THE INHABITANTS OF THE AREA OF BENEFIT, AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION THINK FIT.