Charitable purposes
The features of the Trust and its flexibility can provide those operating in the so-called Third Sector with solutions that are adaptable to the needs of individual charitable organizations and their beneficiaries.
A Trust established by a charitable organization offers potential donors the reassurance of segregation and the specific allocation of the donated assets.
Moreover, by setting up a Trust, the charitable organization achieves an efficient and adaptable solution tailored to the specific context in which it operates, without needing to rely on more rigid and complex segregative structures.
Compared to a foundation, which may serve similar purposes, the Trust is a much leaner and more flexible tool: it is not subject to government oversight, it can be set up for an indefinite duration, and it does not require a predetermined minimum capital to be established.