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:
“Whensoever any affliction assails me, me thinks I have the keyes of my prison in mine owne hand, and no remedy presents it selfe so soone to my heart, as mine own sword. Often meditation of this hath wonne me to a charitable interpretation of their action, who dy so: and provoked me a little to watch and exagitate their reasons, which pronounce so peremptory judgements upon them.”
—John Donne (c. 1572–1631)
“Oh yet we trust that somehow good
Will be the final goal of ill,
To pangs of nature, sins of will,
Defects of doubt, and taints of blood;”
—Alfred Tennyson (1809–1892)