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Search references for PURPOSE TRUST. Phrases containing PURPOSE TRUST
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Legal trust with no beneficiaries
A purpose trust is a type of trust which has no beneficiaries, but instead exists for advancing some non-charitable purpose of some kind. In most jurisdictions
Purpose_trust
Three-party fiduciary relationship
estate tax jurisdiction. Purpose trust: Or, more accurately, non-charitable purpose trust (all charitable trusts are purpose trusts). Generally, the law does
Trust_(law)
Neighborhood Trust in Philadelphia, USA
KCT nonprofit entity, which is also legally tethered to a perpetual purpose trust, was founded in September 2019 by four Philadelphia based organizations
Kensington_Corridor_Trust
In English law, a purpose trust is a trust created for the fulfillment of a purpose, not for the benefit of a person. These are normally considered invalid
Purpose_trusts_in_English_law
Express trusts dedicated to charitable goals under English law
in other types of English trusts. To be a valid charitable trust, the organization must demonstrate both a charitable purpose and a public benefit. Applicable
Charitable trusts in English law
Charitable_trusts_in_English_law
Systems thinking heuristic
The purpose of a system is what it does (POSIWID) is a heuristic in systems thinking coined by the British management consultant Stafford Beer, who stated
The purpose of a system is what it does
The_purpose_of_a_system_is_what_it_does
American clothing retailer
of its voting stock, about 2% of total stock) to the Patagonia Purpose Trust, a trust overseen by the Chouinard family and advisors. Chouinard's stated
Patagonia,_Inc.
'trust property') on the trustees to manage for the benefit of a person, class or persons (the 'beneficiaries') or, occasionally, an abstract purpose.
Offshore_trust
Association of persons without separate legal personality
considered trustees, to be held on trust for the purposes of the association in a private purpose trust. Purpose trusts are not permitted in English law
Unincorporated_association
Trust to trace lent money
Quistclose trust is a trust created where a creditor has lent money to a debtor for a particular purpose. If the debtor uses the money for any other purpose, then
Quistclose trusts in English law
Quistclose_trusts_in_English_law
Topics referred to by the same term
from Snowflake, 2016 "Trust", by Jonas Brothers from Happiness Begins, 2019 "Trust", by Justin Bieber from Purpose, 2015 "Trust", English version title
Trust
Law regulating a wealth-holding legal instrument
irrevocable trusts, the trust terminates when a trust "expires pursuant to its terms, no purpose of the trust remains to be achieved, or the purposes of the
United_States_trust_law
Creation and protection of asset funds
trusts, quistclose trusts, secret trusts, and some forms of purpose trusts have also been recognised as types of trusts. In an express trust, the "settlor"
English_trust_law
Type of legal entity in finance
investment trust (FASIT), a defunct entity used for securitization of any debt for asset-backed securities. An Irish Section 110 Special Purpose Vehicle
Special-purpose_entity
US manufacturer of rowing equipment and exercise machines
100% of Concept2 ownership was transferred to the Concept2 Perpetual Purpose Trust, which will endure in perpetuity. This model ensures the company will
Concept2
Group of people with shared interests or aims
private purpose trust. Many purpose trusts fail for want of a beneficiary and this may therefore result in the gift failing. However, some purpose trusts are
Voluntary_association
Independent and local bakery/restaurant chain in Oregon and Washington
plans in May 2022 to create a perpetual purpose trust, a new type of corporate structure. As a purpose trust the bakery will no longer be owned by family
Grand_Central_Bakery
Trusts created where property is not properly disposed of
cannot keep the property if for any reason that purpose cannot be fulfilled. Automatic resulting trusts arise from a "gap" in the equitable title of property
Resulting trusts in English law
Resulting_trusts_in_English_law
Corporate ownership model
groups. Perpetual Purpose Trust: Unlike conventional trusts, a Perpetual Purpose Trust (PPT) is established to serve a specific purpose rather than individual
Steward-ownership
Doctrine concerning charitable trusts
an element of trusts law that deals with charitable trusts. The doctrine states that when such a trust has failed because its purposes are either impossible
Cy-près doctrine in English law
Cy-près_doctrine_in_English_law
Jersey-based political non-profit company
exaggerating its success rate. In May 2026, the GLP relocated to Jersey as a "purpose trust". The Good Law Project challenged the Secretary of State for Health
Good_Law_Project
Financial technology company
itBit to Paxos Trust Company. At the same time, the New York State Department of Financial Services granted Paxos a limited-purpose trust charter, making
Paxos_(company)
honorary trust, under the law of trusts, is a device by which a person establishes a trust for which there is neither a charitable purpose, nor a private
Honorary_trust
2002 bible study book by Rick Warren
2007-01-22. "Ex-hostage: 'I wanted to gain his trust'". CNN. Retrieved 1 December 2012. "Rick Warren: The Purpose-Driven Pastor". NPR.org. NPR. Retrieved 1
The_Purpose_Driven_Life
Type of trust in U.S. law
More generally, Totten trusts are sometimes described as "Arrangements for deposit accounts."[citation needed] Purpose trust Carlson, Bob (2024-07-28)
Totten_trust
that the trust is for a purpose or object per se, but that there is no beneficiary or cestui que trust. The rule is so expressed in Lewin on Trusts, 16th
Re_Denley's_Trust_Deed
St John's educational trust is a registered Trust for educational and charitable purposes. Saint John's Educational Trust is funding and running seven
St._Johns_Educational_Trust
Irrevocable trust established for charitable purposes
A charitable trust is an irrevocable trust established for charitable purposes. In some jurisdictions, it is a more specific term than "charitable organization"
Charitable_trust
Person(s) entitled to the benefit of a trust arrangement
structures. With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries
Beneficiary_(trust)
masses (and hunting foxes, until the Hunting Act 2004) no trusts can be made for purposes that are non-charitable. Mr Albert Endacott wrote in his will
Re_Endacott
Form of trust created by the English law courts
Constructive trusts in English law are a form of trust created by the English law courts primarily where the defendant has dealt with property in an "unconscionable
Constructive trusts in English law
Constructive_trusts_in_English_law
Landmark case decided in 2011 by the Court of Appeal of Singapore
which the apex court considered the issue of a breach of a charitable purpose trusts when a religious charity is alleged to have deviated from the fundamental
Khoo Jeffrey and others v Life Bible-Presbyterian Church and others
Khoo_Jeffrey_and_others_v_Life_Bible-Presbyterian_Church_and_others
1968 UK legal case
trust. First, Lord Wilberforce established that "the loan was made only so as to enable Rolls Razor Ltd to pay the dividend and for no other purpose"
Barclays Bank Ltd v Quistclose Investments Ltd
Barclays_Bank_Ltd_v_Quistclose_Investments_Ltd
Sociology concept
low-trust society is defined as one in which interpersonal trust is relatively low, and shared ethical values are lacking. Conversely, a high-trust society
High-trust and low-trust societies
High-trust_and_low-trust_societies
Business license for virtual currency
but may instead proceed with virtual currency activities via limited purpose trust charters approved by the NYDFS. The regulations define virtual currency
BitLicense
Legal entity where the equity is owned by no-one
in Ireland), and has now been stopped in Ireland. The Non-Charitable Purpose Trust is emerging as a preferred option in some jurisdictions. The global
Orphan_structure
British political advocacy group
core purpose". While Restore Trust's organisers have encouraged their supporters to join the National Trust/remain members, they criticise the Trust's work
Restore_Trust
British lawyer, publisher and TV host
the author of The Law and Taxation of Remuneration Trusts (Key Haven, 1997) and also the Purpose Trusts (1999, 2009 [2nd ed.]). Paul Baxendale-Walker was
Paul_Baxendale-Walker
British charity
Common Purpose is a British-founded charity that runs leadership-development programmes around the world. Common Purpose UK is a subsidiary of Common
Common_Purpose_UK
Tax avoidance scheme in the United States
the assets in the trust. The trust grows, but its "value" for estate tax purposes is "frozen" at the time of the transfer. If the trust grows substantially
Intentionally defective grantor trust
Intentionally_defective_grantor_trust
Trust which is explicitly created and not inferred from the parties' conduct
may establish trusts or trust-like structures in jurisdictions which do not restrict non-charitable purpose trusts (e.g. Jersey trusts, Danish and US
Express_trust
Trust meant to last for multiple generations
A dynasty trust (also perpetual trust or generation-skipping trust) is an irrevocable trust established with the intention of spanning multiple generations
Dynasty_trust
Conservation organisation in England, Wales and Northern Ireland
The National Trust (Welsh: Ymddiriedolaeth Genedlaethol) is a heritage and nature conservation charity and membership organisation in the United Kingdom
National_Trust
Taiwan-based financial institution
banking, telephone banking and mobile banking), financial trusts, including specific purpose trust funds investing in domestic and foreign securities, investments
Chang_Hwa_Bank
Trust that comes into force after death
In English law, secret trusts are a class of trust defined as an arrangement between a testator and a trustee, made to come into force after death, that
Secret_trusts_in_English_law
US financial infrastructure company
The Depository Trust & Clearing Corporation (DTCC) is an American financial market infrastructure company that provides clearing, settlement and trade
Depository Trust & Clearing Corporation
Depository_Trust_&_Clearing_Corporation
Digital currency exchange and custodian
private keys and password-protected environments. Gemini holds a Limited Purpose Trust Charter from the New York Department of Financial Services, granted
Gemini (cryptocurrency exchange)
Gemini_(cryptocurrency_exchange)
TSX: PSA - Purpose High Interest Savings ETF TSX: MJJ - Purpose Marijuana Opportunities Fund TSX: PSU.U - Purpose US Cash ETF TSX: BND - Purpose Global Bond
List of Canadian exchange-traded funds
List_of_Canadian_exchange-traded_funds
UKHL 12 is a leading case in English trusts law. It provides authoritative rulings in the areas of Quistclose trusts and dishonest assistance. Twinsectra
Twinsectra_Ltd_v_Yardley
Judgement of the High Court of Australia
gift to an unincorporated body, concluding that gifts in trust "cannot be made to a purpose or to an object" except for charitable circumstances. At the
Leahy v Attorney-General (NSW)
Leahy_v_Attorney-General_(NSW)
The creation of express trusts in English law must involve four elements for the trust to be valid: capacity, certainty, constitution and formality. Capacity
Creation of express trusts in English law
Creation_of_express_trusts_in_English_law
Conservation organization
Conservation land trusts are nonprofit organizations that acquire and steward land or conservation easements for the purpose of achieving environmental
Conservation_land_trust
Elements of the English law of trusts
Discretionary trusts and powers in English law are elements of the English law of trusts, specifically of express trusts. Express trusts are trusts expressly
Discretionary trusts and powers in English law
Discretionary_trusts_and_powers_in_English_law
on the basis that a trust for an abstract purpose, rather than for real people, could not be valid. Roxburgh J held that the trust failed because of the
Re_Astor's_Settlement_Trusts
Neighborhood in Pennsylvania, US
Kensington Corridor Trust (KCT) – utilizes a neighborhood trust model consisting of a 501(c)(3) nonprofit and a perpetual purpose trust which are each governed
Kensington,_Philadelphia
Conservation organization
are legally structured and by the purposes for which they are organized and operated: A real estate investment trust is a fiduciary arrangement whereby
Land_trust
United Kingdom young persons charity
The King's Trust (formerly the Prince's Trust) is a United Kingdom-based charity founded in 1976 by King Charles III (then Prince of Wales) to help vulnerable
King's_Trust
Trust in which the beneficiaries and their entitlements are not fixed
In the trust law of England, Australia, Canada, and other common law jurisdictions, a discretionary trust is a trust where the beneficiaries and their
Discretionary_trust
1985 treaty on international trust law
control of a trustee for the benefit of a beneficiary or for a specified purpose. A trust has the following characteristics: (a) the assets constitute a separate
Hague_Trust_Convention
control a SPA trust offers over the assets protected within the trust. The purpose of a SPA Trust is to protect assets from a person's potential future liabilities
SPA_Trust
the registered number 1115061. According to the Trust's website its purpose is: The Carpe Diem Trust is a new charity, due to begin operation in the second
The_Carpe_Diem_Trust
EU electronic identification regulation
Authentication and trust Services") is a European Union regulation with the stated purpose of governing "electronic identification and trust services for electronic
EIDAS
United Kingdom charitable organization
The Guardian. "Brandon Trust: 30 Years of History". Brandon Trust. 2024. Retrieved 10 March 2026. "Our Purpose". Brandon Trust. Retrieved 10 March 2026
Brandon_Trust
Architectural conservation organisation in Ireland
The Follies Trust is an architectural conservation and preservation organisation established in 2006 with a focus on follies. The trust operates in both
The_Follies_Trust
income tax law, gift tax law, estate tax law, as well as trust law. The purpose of an Ultra Trust is to reposition assets from a person's legal ownership
Ultra_trust
Norwegian food company
purpose of the foundation is to provide funding for culture, science and charity. The foundations operations span twenty countries. The Kavli Trust History
Kavli_Trust
Person holding a position of trust to a beneficiary
government. A trust can be set up either to benefit particular persons or for any charitable purposes (but not generally for non-charitable purposes): typical
Trustee
American business structure
A Delaware statutory trust (DST) is a legally recognized trust that is set up for the purpose of business, but not necessarily in the U.S. state of Delaware
Delaware_statutory_trust
trustee of the trust and the type of property subject to the trust will vary depending on the purpose of the employee trust. Many employee trusts are discretionary
Employee_trust
Nazi employee association
Councils of Trust (German: Vertrauensräte) were established in businesses and companies with more than 20 employees in Nazi Germany following the introduction
Council_of_Trust
Indian law regulating Trusts
trust Purpose of the trust The beneficiary of the monetary assets controlled by the trust The monetary assets assigned to the trust for the purpose defined
Indian_Trusts_Act,_1882
Alternative weekly newspaper published in Eugene, Oregon
Eugene Weekly into a nonprofit organization or give ownership to a purpose trust. In July 2025, Young was extradited from Ohio to Lane County and arraigned
Eugene_Weekly
American conservation organization
land in over 17 preserves. The Deschutes Basin Land Trust was established in 1995, with the purpose of protecting important natural lands in the Deschutes
Deschutes_Land_Trust
New Zealand charitable trust associated with Fletcher Building
The Fletcher Trust is a charitable trust in New Zealand. Established in 1980, it grew from a philanthropic trust that had provided medical and educational
Fletcher_Trust
Business group designed to reduce competition in a market
There may, of course, be illegal trusts; but a trust in and by itself is not illegal: when resorted to for a proper purpose, it has been for centuries enforced
Trust_(business)
take possession of the trust assets. For bankruptcy purposes, the directed agency feature of a nominee trust prevents the trust itself from being a debtor-person
Nominee_trust
"QTIP trust" exists only for federal gift and estate tax purposes, and from a state law perspective, such a trust does not differ from any other trust except
QTIP_Trust
American nonprofit organization
Land Trust is a 501(c)(3) membership organization that holds land for conservation and educational purposes in the U.S. state of Oregon. The trust owns
Oregon_Women's_Land_Trust
Exchange-traded products linked to the price of silver
"Purpose Silver Bullion Fund". Purpose Investments. Retrieved June 27, 2026. Lazenby, Henry (May 26, 2016). "Purpose completes Silver Bullion Trust conversion
Silver exchange-traded product
Silver_exchange-traded_product
Government-owned trust in Bangladesh
Christian Religious Welfare Trust is a government-owned trust operating under the Ministry of Religious Affairs of Bangladesh. It works for the welfare
Christian Religious Welfare Trust
Christian_Religious_Welfare_Trust
Financial trust to benefit disabled individuals
A special needs trust, also known in some jurisdictions as a supplemental needs trust, is a specialized trust that allows the disabled beneficiary to
Special_needs_trust
Court amendment of a legal document
Amendment, nullifying the express purpose of the trust. Some of Jackson's family members attempted to dissolve the trust in order to collect its proceeds
Cy-près_doctrine
British charitable organisation
The Girls' Day School Trust (GDST) is a group of 25 independent schools, including two academies, in England and Wales, catering for girls aged 3 to 18
Girls'_Day_School_Trust
The taxation of trusts in the United Kingdom is governed by a different set of principles to those tax laws which apply to individuals or companies. The
Taxation of trusts (United Kingdom)
Taxation_of_trusts_(United_Kingdom)
Official support society of Exeter City football club
commonly as the Exeter City Supporters' Trust and abbreviated as ECFCST, or simply The Trust; is a supporters' trust consisting of fans of Exeter City, an
Exeter_City_Supporters'_Trust
Multi-academy trust in England
Falcon Education Academies Trust is a multi-academy trust (MAT) that operates four schools in England. The trust was established in 2019 by the Department
Falcon Education Academies Trust
Falcon_Education_Academies_Trust
constructive trust. An express trust may be a public express trust such as one for a charitable purpose, or a private express trust with the private purpose. There
Australian_trust_law
Educational charity
after her death to be held in trust forming “Hulme’s Charity”. The Trust was to use the money for educational purposes: Hulmeian Exhibitions were established
Hulme_Trust
UK charitable foundation
shares purpose-built premises with the Carnegie Trust for the Universities of Scotland, the Carnegie Dunfermline Trust, and the Carnegie Hero Fund Trust. The
Carnegie_United_Kingdom_Trust
Living memorials to Winston Churchill
Winston Churchill Memorial Trusts (WCMT) are three independent but related living memorials to Sir Winston Churchill, based in the United Kingdom, Australia
Winston Churchill Memorial Trusts
Winston_Churchill_Memorial_Trusts
being settled into trust. Bermuda (by statute) recognises the concept of non-charitable purpose trusts. Domestic trusts (that is, trusts settled by Bermudians
Law_of_Bermuda
Act of the Parliament of the United Kingdom
of the United Kingdom that regulates the duties of trustees in English trust law. Reform in these areas had been advised as early as 1982, and finally
Trustee_Act_2000
Form of legal trust
in possession trust is a trust in which at least one beneficiary has the right to receive the income generated by the trust (if trust funds are invested)
Interest_in_possession_trust
Conservation charity in the United Kingdom
The Rare Breeds Survival Trust is a conservation charity whose purpose is to secure the continued existence and viability of the native farm animal genetic
Rare_Breeds_Survival_Trust
The Europe Trust, formerly known as the European Trust, is a UK charity and company which lists its purpose as developing a portfolio of assets intended
The_Europe_Trust
The Churches Conservation Trust, which was initially known as the Redundant Churches Fund, is a UK charity whose purpose is to protect historic churches
Building preservation and conservation trusts in the UK
Building_preservation_and_conservation_trusts_in_the_UK
Housing trust in Jamaica
NHT still serve a purpose?". Jamaica Gleaner. Retrieved 21 November 2025. Campbell, Edmund (22 April 2015). "National Housing Trust's $2 billion of investments
National_Housing_Trust
40-48% owned by Aurora World Services by court order
Angie’s son, leads the bank with the same commitment to people and purpose. Union Bank &Trust is deeply rooted in its communities, supporting local nonprofits
Union_Bank_&_Trust_Company
Independent charity in the United Kingdom
introduced the brand name Wordsworth Grasmere. The Wordsworth Trust's charitable purposes comprise preserving Dove Cottage and its environs, and advancing
Wordsworth_Trust
English Football League. Its original primary purpose (when it was known as the Football Grounds Improvement Trust) was to assist with the costs of implementing
Football_Trust
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