The Deed is dated 30th December 1964 and records that “the Settlor (John Moores the Younger) is desirous of establishing a charitable trust to be known as the John Moores Foundation and to that end has transferred and paid to the Trustees a sum of one hundred pounds.”
The original Trust Deed states that the Trustees could support all or any of the following purposes
- “The raising of the artistic taste of the public whether in relation to music drama opera painting, sculpture, or otherwise in connection with the fine arts
- The promotion of education in the fine arts
- The promotion of academic education
- The provision of facilities for recreation or other leisure-time occupation
- The helping of the young the old and the needy
PROVIDED ALWAYS that nothing in this Clause contained shall create any trust affecting the Trust Fund or impose upon the Trustees any legal or equitable obligation or modify the duty of the Trustees to apply the whole of the Trust Fund and the income thereof for charitable purposes.”