private trust

American  

noun

1. a trust designed for the benefit of a designated or known individual (charitable trust ).

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Example Sentences

The funds, raised by a private trust, includes $24m for a housing fund and $60m for a cultural preservation fund focused on "reducing blight".

From BBC

After Hitler departed, Schacht asked the other attendees to deposit as much money as they could into his private trust, which the Nazis could use however they liked heading into the March 5 election.

From Salon

Last year, BlackRock launched a spot bitcoin private trust for institutional clients in the United States.

From Reuters

Trump's lawsuit against the New York attorney general in Florida was regarded by legal scholars as a bad-faith delay tactic, as he sought to block her office from accessing materials from his private trust.

From Salon

The judge warned against continuing the case against New York Attorney General Letitia James and turned down Trump's attempt to get emergency relief to stop James from seeking materials from his private trust.

From Salon