Bill Taylor TrustRegistered

For payment of the whole or such part of the free income and the whole or such part of the capital of the Trust Estate as the Trustees may from time to time consider desirable for such charitable purposes or to charitable institutions, societies, foundations or funds for the purpose of supporting work for the education and development of young people in achieving their full physical, mental, and spiritual capacities so that they may grow to full maturity as individuals and members of society (and without prejudice to the discretion of the Trustees, it was the wish of the said Bill Taylor that the trust be applied for such purposes for the young people living in the Glasgow area)