{"iri":"https://folio.openlegalstandard.org/RCDgGcipeEwzEW6G3ttE9pY","label":"Charitable Trust","sub_class_of":["https://folio.openlegalstandard.org/R9KvzcwdZ3asqh9BPZRGWR7"],"parent_class_of":[],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/R8DxS7r88L9RGxTlMebfGWw"],"comment":null,"deprecated":false,"preferred_label":"Philanthropic Trust","alternative_labels":["Benevolent Trust","Non-Profit Trust","Public Trust"],"translations":{},"hidden_label":null,"definition":"A Charitable Trust is a legal arrangement where assets are held and managed by a trustee for charitable purposes, benefiting the public or a specific community. This trust operates under specific regulations to ensure that the trust's funds are used solely for the stated charitable objectives.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}