Sansthan (Royal Trust)

A Sansthan, or Royal Trust, is a legally designated organization, often established by royalty or a prominent institution, to manage and preserve assets, properties, or resources dedicated to public or charitable purposes. It functions as a trustee, ensuring that the wealth or properties are used according to the intentions set out by the founders, often for community welfare, religious activities, or cultural preservation. This trust is governed by specific legal frameworks that provide transparency, accountability, and continuity, aiming to serve the public good while safeguarding the assets for future generations.