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).

---

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

---

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 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

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

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.