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charitable trust
noun
- a trust designed for the benefit of the general public, as for educational or other charitable purposes ( private trust ).
charitable trust
noun
- 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
˜yÐÄvlog History and Origins
Origin of charitable trust1
Example Sentences
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.
Any deal would need the approval of the Hershey Trust Company, a charitable trust, that maintains voting control over the business.
Other trends highlighted by the review, which was funded by the abrdn Financial Fairness Trust - an independent charitable trust - included:
Ms Clarkin added her family intended to establish a charitable trust to reflect her father's love of animals.
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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