What does charitable trust mean?

Definitions for charitable trust
char·i·ta·ble trust

This dictionary definitions page includes all the possible meanings, example usage and translations of the word charitable trust.

Princeton's WordNet

  1. charitable trust, public trustnoun

    a trust created for charitable or religious or educational or scientific purposes

ChatGPT

  1. charitable trust

    A charitable trust is a legal arrangement designed to promote public benefit by holding and managing assets such as money, investments, or property for charitable purposes. This type of trust is established to support organizations, causes, or activities that serve to enhance societal well-being such as education, healthcare, arts, environment, religion, or humanitarian efforts. The trust is typically controlled by a trustee or a board of trustees and is often exempt from taxes.

Wikidata

  1. Charitable trust

    A charitable trust is an irrevocable trust established for charitable purposes, and is a more specific term than "charitable organization".

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Numerology

  1. Chaldean Numerology

    The numerical value of charitable trust in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of charitable trust in Pythagorean Numerology is: 6

Examples of charitable trust in a Sentence

  1. Salman Khan:

    My life's ambition is to take Being Human to such a level that a 100 years or 200 years down the line, it should be the biggest brand in the world, the actor would be forgotten, but it would be difficult for anybody to surpass this mammoth of a charitable trust. My life's ambition is for people to know that the money goes towards charity and not towards administrative costs.

  2. John Collins:

    Nico Jarvis told the outlet. However, John Collins, the Omaui Landcare Charitable Trust chairman argued that banning felines would promote sustainability for animals inherent to the area.'' We're not cat haters, but we want our environment to be wildlife-rich.

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"charitable trust." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/charitable+trust>.

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