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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
The Association of Charitable Foundations suggest that the top 300 charitable trusts and foundations in the UK distribute PS2.7bn in grants each year, equating to around 15% of all annual income into voluntary organisations.
Raymond James (RJF) is asking its advisors to refund some fees associated with mutual fund sales to clients with qualified plans and charitable trusts, the company confirmed Wednesday.
ISLAMABAD -- Small and large scale religious organizations as well charitable trusts in the twin cities of Rawalpindi and Islamabad have accelerated their efforts to collect hides of sacrificial animal.
The charity, which empowers and supports people with cerebral palsy and other related disabilities from across the city and the West Midlands, managed to raise PS24,248.93 from donations from the general public, local businesses, charitable trusts, plus their own fundraising activities, to purchase a new minibus.
The trust has taken steps under established rules to lease lands which hundreds of charitable trusts are doing," said Singhvi.
You may also wish to mention hospitals, medical staff, nursing homes, religious leaders, charitable trusts and funeral directors.
Financial Objects plc, a supplier of software solutions to the financial services sector, announced on Monday (7 April) that the Charities Aid Foundation (CAF), a not-for-profit organisation, will implement activebank Wealth Manager to support its investment activities for charitable trusts.
The New Hampshire director of charitable trusts frequently files in support of such petitions, which are often granted in a matter of a couple of weeks without a hearing.
Family and charitable trusts specialist Christopher Gupwell (left) has retired as a partner with chartered accountants Clement Keys.
(1) Trusts exempt from income tax under section 501(a) of the Code as organizations described in section 501(c)(3) (hereinafter referred to as exempt charitable trusts).

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