The objects of the Association are to benefit children and young persons in need of education, guidance, training, support or aid by: 1) The provision of residential or educational facilities. 2) Provision of loans and/or grants to projects deemed by the Trustees to be for the benefit of such children and young persons 3) The making of such loans and grants to other bodies providing for such children and young persons in need. 4) Generally in such other ways as the Trustees hereinafter mentioned shall consider appropriate for the benefit of such children.