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The Incorporation is set up to (1) provide relief to Members and their families who are experiencing difficult financial times, (2) provide grants and prizes to those who are studying in the Craft's traditional areas of activity, (3) improve facilities for the people of Glasgow and beyond and (4) keep alive centuries old traditions associated with the Incorporation. It does this through the provision of grants and prizes, making donations to other service providing charities working in the Glasgow area and holding events which keep alive the traditions.