The William Barry Trust is constituted under the terms of a deed dated 1 March 1976. This details the main objectives of the Trust which are as follows:
To advance the education and vocational training of persons engaged or about to engage in technical craft and artistic occupations in particular but without prejudice to the generality of the foregoing by one or more of the following:-
a) the proceurement of grants or loans to persons who are unable to obtain adequate assistance from other sources and who are in need of financial help in order to undertake a course of training;
b) the awarding of prizes and scholarships to persons undergoing training for technical crafts or artistic occupations;
c) the establishment of training workshops and centres to provide training for technical crafts or artistic occupations; and
d) by holding courses, lectures, seminars, exhibitions and other educational activities.
The purposes are concerned with education and training rather than career development.