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. 1572–1631)
“I am absolutely sure that a lot of Daddy anger has more to do with unrealized dreams than with messy rooms. Trust me. You’re not really angry at your kids. You’re angry at somebody else, somebody who is a far less distinguished person than he dreamed of being.”
—Hugh O’Neill (20th century)