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The charity was set up to provide support for the work of The Cumnock Tryst which runs an annual music festival in and around the town of Cumnock, and also organises musical and educational activities during the year. The Endowment Fund has also provided small grants to assist young musicians and others in relation to their education and other work. The trustees are permitted to hold and apply the Fund Property in trust for the purpose of advancing education, the arts, heritage, culture and science by supporting and promoting The Cumnock Tryst.