A charitable trust is an irrevocable trust established for charitable purposes, and is a more specific term than "charitable organization".
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Famous quotes containing the words charitable and/or trust:
“For my name and memory I leave to mens charitable speeches, and to foreign nations and the next ages.”
—Francis Bacon (15611626)
“He will calmly front the morrow in the negligency of that trust which carries God with it, and so hath already the whole future in the bottom of the heart.”
—Ralph Waldo Emerson (18031882)
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