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

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

From MarketWatch • Apr. 28, 2026

The lawsuit primarily focuses on a breach of charitable trust claim, alleging OpenAI misused assets intended for an open-source nonprofit.

From The Wall Street Journal • Apr. 27, 2026

The Stancombes have created Elsie's Story, a charitable trust that makes grants to assist young people and support others in the Southport area.

From BBC • Dec. 7, 2025

If he failed to survive by 90 days, then she instructed her personal representative to establish a charitable trust “to achieve purposes beneficial to the community” consistent with the couple’s charitable preferences.

From Salon • Jul. 30, 2025

Charity, Institutions.—To determine what is a charitable trust, devise, or gift, it is necessary to particularly bear in mind the most comprehensive definition of charity.

From The Clergyman's Hand-book of Law by Scanlan, Charles M.