charitable trust

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charitable trust

(Social Welfare) 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

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Noun

charitable trust - a trust created for charitable or religious or educational or scientific purposes

public trust

trust - something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father"

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Jorma Elo received the $75,000 from Prince Charitable Trust for his piece From All Sides that he created for Hubbard Street Dance Chicago.

Jorma Elo by Dance Magazine

Roth, Broken Trust: Greed, Mismanagement & Political Manipulation at America's Largest Charitable Trust is the true story of greed, corruption, and mismanagement that plagued the "nation's wealthiest charity" according to the Wall Street Journal circa 1995--the Bishop Estate, legacy of Hawaiian Princess Bernice Pauahi Bishop, who created the trust to maintain the educational institution of Kamehamea Schools and therefore benefit the children of Hawaii.

Broken Trust by Internet Bookwatch

Helmsley Charitable Trust that will enable a major expansion of the Hospital's comprehensive digestive diseases programs, as well as create four futuristic operating rooms.

Helmsley Trust donates $25m to New York Presbyterian Hospital by Real Estate Weekly

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