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charitable trust

noun

  1. a trust designed for the benefit of the general public, as for educational or other charitable purposes (private trust ).



charitable trust

noun

  1. a trust set up for the benefit of a charity that complies with the regulations of the Charity Commissioners to enable it to be exempt from paying income tax

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of charitable trust1

First recorded in 1855–60
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Example Sentences

Examples have not been reviewed.

Gen. Nicole Kennedy, the lawyer in the state’s registry of charitable trusts who issued the order and also signed the July settlement, declined to comment.

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Bristol currently faces high demand for secondary places, and a brand new school for the Oasis charitable trust is being built alongside the Feeder Canal at Temple Quarter.

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Any deal would need the approval of the Hershey Trust Company, a charitable trust, that maintains voting control over the business.

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Other trends highlighted by the review, which was funded by the abrdn Financial Fairness Trust - an independent charitable trust - included:

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Ms Clarkin added her family intended to establish a charitable trust to reflect her father's love of animals.

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charitableCharites