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, mee 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. 15721631)
“We have been educated to such a fineor dullpoint that we are incapable of enjoying something new, something different, until we are first told what its all about. We dont trust our five senses; we rely on our critics and educators, all of whom are failures in the realm of creation. In short, the blind lead the blind. Its the democratic way.”
—Henry Miller (18911980)