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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

Roosevelt not only emerged victorious over his lower-body paralysis, but also founded what became the March of Dimes, the charitable trust that funded the polio vaccine.

Most of the remainder of his estate will be donated to a newly reformulated charitable trust.

He rarely declined, if the object were a good one, taking the chair at a public meeting, or accepting a charitable trust.

We are, therefore, driven to consider the full objects of the charitable trust under discussion.

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charitableCharites