charitable trust

American  

noun

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

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charitable trust British  

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

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Etymology

Origin of charitable trust

First recorded in 1855–60

Example Sentences

See Examples For:

charitable trust

“MSFT is now off the hook from Musk’s claims around aiding and abetting OpenAI’s s charitable trust breakup if the judge rules in favor of the jury’s ruling,” Ives added.

From Barron's ● May 18, 2026

In 2024, Musk accused OpenAI and Altman of unjust enrichment and breaching a charitable trust, according to his lawsuit filed in federal court in the Northern District of California.

From MarketWatch ● May 18, 2026

Musk’s complaint accuses Altman of unjust enrichment and breaching a charitable trust.

From MarketWatch ● Apr. 28, 2026

The board runs its own charitable trust, but Smith admits that with more ex-boxers than current ones, the finances are a struggle.

From BBC ● Mar. 25, 2026

This charitable trust in man is necessary to life.

From Commentary on the Epistle to the Galatians by Theodore Graebner