charitable trust

noun

1. a trust designed for the benefit of the general public, as for educational or other charitable purposes ( private trust ).

charitable trust

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

Word History and Origins

Origin of charitable trust¹

First recorded in 1855–60

Example Sentences

Roosevelt not only emerged victorious over his lower-body paralysis, but also founded what became the March of Dimes, the charitable trust that funded the polio vaccine.

From Washington Post

Most of the remainder of his estate will be donated to a newly reformulated charitable trust.

From The Daily Beast

He rarely declined, if the object were a good one, taking the chair at a public meeting, or accepting a charitable trust.

From Project Gutenberg

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

From Project Gutenberg