What is a charitable trust?

Charitable trust is also called "public trust". Only in order to achieve the social charity for the purpose, and in which the whole society or part of the public as the beneficiary of the trust. According to the Anglo American trust law theory summary, charity is refers to the social value or socially important cause; it includes all aspects of the development of the poor, education, religion, health, sports, scientific research, culture and art, municipal construction and other business. But the rules of equity will usually be charitable trust into poverty relief trust, trust and promote the development of education, religious trust and other benefit the society trust in four categories. The Anglo American trust law referred to in the "charity" virtually no differences in the nature and "social welfare", both legal rules applicable also exactly the same, so the theory is usually considered a charitable trust and charitable trust as synonymous with. According to the rules of interpretation of the Anglo American law, the "charity" has a specific content is different from the literal meaning: contains some for-profit intention and not to the public as the beneficiary of the trust can be placed in a charitable trust classification, and based on some charitable purpose and set the trust does not belong to a charitable trust; so the charitable or public trust understanding should be enumerated on legislation and judgment rules shall prevail. The civil law countries trust code no unified concept of the public trust, in order to avoid the concept of mixing, which generally includes establishment of worship, religious, charitable, academic, sports or other similar purposes based on trust.