Charitable interest definition

Charitable interest means an interest in a trust that:
Charitable interest means an interest in a trust which:
Charitable interest means an interest in a trust that (i) is held by an identified charitable

Examples of Charitable interest in a sentence

  • It was: 1117 RESOLVED;- That the Committee notes: i) previous reports to Committee for proposals for the development of community facilities within the park have been brought in the name of theFriends of Manor Farm Park but future reports will be in the name of Cadbury Barn Trust a new Charitable interest Organisation reg.no.


More Definitions of Charitable interest

Charitable interest means an interest in a trust that (i) is held by an identified charitable organization and makes the organization a qualified beneficiary; (ii) benefits only charitable organizations and, if the interest were held by an identified charitable organization, would make the organization a qualified beneficiary; or (iii) is held solely for charitable purposes and, if the interest were held by an identified charitable organization, would make the organization a qualified beneficiary.
Charitable interest means an interest in a trust that (i) is held by an identified charitable 615 organization and makes the organization a qualified beneficiary; (ii) benefits only charitable 616 organizations and, if the interest were held by an identified charitable organization, would make the 617 organization a qualified beneficiary; or (iii) is held solely for charitable purposes and, if the interest 618 were held by an identified charitable organization, would make the organization a qualified beneficiary. 619 "Charitable organization" means (i) a person, other than an individual, organized and operated 620 exclusively for charitable purposes or (ii) a government or governmental subdivision, agency, or 621 instrumentality, to the extent that it holds funds exclusively for a charitable purpose.
Charitable interest means an interest in a trust that meets one of the following conditions:

Related to Charitable interest

  • Charitable purpose means a charitable purpose under section 7 of the Charities and Trustee Investment (Scotland) Act 2005 which is also regarded as a charitable purpose in relation to the application of the Taxes Acts;

  • Charitable organization means a charitable organization as described by Section 501(c)(3) of the Internal Revenue Code of 1986, as in effect from time to time.