charitable trust
a trust designed for the benefit of the general public, as for educational or other charitable purposes (opposed to private trust).
Origin of charitable trust
1- Also called public trust.
Words Nearby charitable trust
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use charitable trust in a sentence
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.
The new CDC guidelines remind that presidential leadership matters during pandemics | Howard Markel | May 14, 2021 | Washington PostMost 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.
Yesterdays with Authors | James T. FieldsWe are, therefore, driven to consider the full objects of the charitable trust under discussion.
Education in England in the Middle Ages | Albert William Parry
British Dictionary definitions for charitable trust
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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