<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RCDgGcipeEwzEW6G3ttE9pY">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R9KvzcwdZ3asqh9BPZRGWR7"/>
  <rdfs:label>Charitable Trust</rdfs:label>
  <skos:altLabel>Benevolent Trust</skos:altLabel>
  <skos:altLabel>Non-Profit Trust</skos:altLabel>
  <skos:altLabel>Public Trust</skos:altLabel>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/R8DxS7r88L9RGxTlMebfGWw"/>
  <skos:prefLabel>Philanthropic Trust</skos:prefLabel>
  <skos: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.</skos:definition>
</owl:Class>