Trust
From PhilanthropyWiki
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Trust Definition
In simple terms, a trust is a fund or property legally held or administered by a trustee for the benefit of others. There are many different types of trust, not all of which are for the public benefit. In philanthropic terms, a charitable trust is the legal vehicle used to hold and invest money or property which is disbursed for the public benefit to charitable causes and organisations. There are many types of charitable trust. They include:
A Prescribed Private Fund is also a trust.