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)
“Constant you are,
But yet a woman, and for secrecy,
No lady closer, for I well believe
Thou wilt not utter what thou dost not know,
And so far will I trust thee, gentle Kate.”
—William Shakespeare (1564–1616)