˜yÐÄvlog

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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
“Collins English Dictionary — Complete & Unabridged†2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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˜yÐÄvlog History and Origins

Origin of charitable trust1

First recorded in 1855–60
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Example Sentences

Examples have not been reviewed.

Bristol currently faces high demand for secondary places, and a brand new school for the Oasis charitable trust is being built alongside the Feeder Canal at Temple Quarter.

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Any deal would need the approval of the Hershey Trust Company, a charitable trust, that maintains voting control over the business.

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Other trends highlighted by the review, which was funded by the abrdn Financial Fairness Trust - an independent charitable trust - included:

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Ms Clarkin added her family intended to establish a charitable trust to reflect her father's love of animals.

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She bought the building and set up a charitable trust to own and restore it before embarking on an effort to raise £10m, including £3.5m from heritage lottery funds.

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