Philanthropic Trust

Charitable Trust - 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.

Class Information

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Identification

Label (rdfs)
Charitable Trust
Preferred Label
Philanthropic Trust
Alternative Labels
Benevolent Trust, Non-Profit Trust, Public Trust
Identifier
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Definition and Examples

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.
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Class Relationships

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Additional Information

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Description
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Deprecated
False

Metadata

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