FOLIO Ontology

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Identification

IRI:
https://folio.openlegalstandard.org/RCDgGcipeEwzEW6G3ttE9pY
Label Charitable Trust
Preferred Label Philanthropic Trust
Identifier N/A
Alternative Labels
Benevolent Trust Non-Profit Trust Public Trust

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.

Class Relationships

Sub Class Of

Is Defined By

N/A

See Also

Parent Class Of 0

  • • None

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

No

Source and Origin

No source or origin information available