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

BlackRock Inc , the world's biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on its website.

From Reuters

Wyoming offers two types of private trust companies, both generally recommended for those with trust assets of $100 million or more.

From Seattle Times