charitable trust

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noun

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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Also called public trust.

Origin of charitable trust

First recorded in 1855–60

Words nearby charitable trust

charisma, charismatic, charismatic movement, charismatize, charitable, charitable trust, Charites, charity, charity begins at home, Charity Commissioners, charity school

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 Post
Most of the remainder of his estate will be donated to a newly reformulated charitable trust.
Payday for Madoff Victims|Allan Dodds Frank|December 18, 2010|DAILY BEAST
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. Fields
We 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

charitable trust

noun

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