CHARITABLE TRUST Definition & Meaning

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

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51�Թ� 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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