Charitable Trust

Understanding the Mechanics of a Charity Trust

A charity trust is a vehicle used to manage philanthropic activities and provide financial support to various causes. It involves the establishment of a trust by a donor to earmark assets for charitable purposes, guided by specific rules and objectives. By understanding the key elements involved in setting up and operating a charity trust, individuals and organizations can harness its potential to make a meaningful impact. This article explores the foundational aspects of a charity trust, the roles of parties involved, and practical tips to effectively manage it.
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