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

“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 has accused Altman and OpenAI president Greg Brockman of a breach of charitable trust and unjust enrichment.

From BBC • May 6, 2026

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

From MarketWatch • Apr. 28, 2026

We are, therefore, driven to consider the full objects of the charitable trust under discussion.

From Education in England in the Middle Ages Thesis Approved for the Degree of Doctor of Science in the University of London by Parry, Albert William