charitable trust

American  

noun

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

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

Warren Buffett has detailed a plan for nearly all his remaining wealth after his death to go to a new charitable trust overseen by his three children.

From The Wall Street Journal • Feb. 10, 2026

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

Johnson also contends newly public documents show Blue Shield has continued to argue before state tax authorities that it is a charitable trust.

From Los Angeles Times • Jun. 30, 2025

He rarely declined, if the object were a good one, taking the chair at a public meeting, or accepting a charitable trust.

From Yesterdays with Authors by Fields, James T.