Public Charitable Trusts

A Public Charitable Trust is a legal arrangement created to benefit the public or a specific community through charitable activities. It involves a trust deed where individuals (founders) transfer assets to a trustee, who manages them to promote causes like education, healthcare, or poverty alleviation. These trusts are recognized by law, enjoy tax benefits, and must operate transparently, following regulations to ensure the resources are used for their charitable purposes. Essentially, they serve as organized, legal mechanisms to mobilize resources for societal good, overseen by trustees dedicated to the trust’s mission.