charitable trust

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charitable trust

n
(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
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.charitable trust - a trust created for charitable or religious or educational or scientific purposes
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"
References in classic literature ?
Do you intend devoting it to charitable purposes, then?
Master Thomas was one of the many pious slaveholders who hold slaves for the very charitable purpose of taking care of them.
Yes, she did lay hands on me for that charitable purpose.
But Rebecca was already busied in carrying her charitable purpose into effect, and listed not what he said, until Isaac, seizing the sleeve of her mantle, again exclaimed, in a hurried voice ``Beard of Aaron
Good evening, madam; I sent to you for a charitable purpose.
It shall cover organisations registered under the Voluntary Social Welfare Agencies (Registration and Control) Ordinance 1961 (XLVI of 1961), the Societies Registration Act 1860 (XXI of 1860), the Companies Act 2017 (XIX of 2017), or registered for charitable purposes under any law for the time being in force, a public or private trust.
It shall cover organisations registered under the Voluntary Social Welfare Agencies (Registration and Control) Ordinance, 1961 (XLVI of 1961, The Societies Registration Act, 1860 (XXI of 1860), The Companies Act, 2017 (XIX of 2017) or registered for charitable purposes under any law for the time being in force, a public or private trust.
We are seeking expert consultants to work alongside The Kent Downs AONB Unit and Kent Downs Trust founding trustees to prepare a funding strategy for the new Trust and secure initial funding for both the operation of the new Trust and to support partner activities where these might meet the charitable purposes of the Trust.
Priscilla Chan, pledged to donate 99% of their Facebook stockcurrently worth 45 billion big onesto charitable purposes.
The proposed regulations describe entities that can receive PRIs and provide examples of a variety of charitable purposes.
New language will provide "clear direction to fundraising counsel for charitable purposes and clear and important distinction of the roles of commercial fundraising for charitable purposes.
To achieve and retain charitable status, organisations are required to have charitable purposes and apply them for public benefit and they must also comply with the general law of charity.

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