Private Trust Services
Charitable Trust (Foundations/Charity/Endowment funds)
This is a specialized trust arrangement with philanthropic or benevolent objectives. Charitable Trust are flexible and can be set up for a variety of purposes.
Donating to a charitable cause is a means of giving back to the society – to enhance education, health, religious causes, community development, sports and memorial among others. An example is setting up a Foundation to cater for indigent students in a community who cannot afford to pay for their fees; or catering to motherless children, widows or others by supporting them; or setting up a Foundation to award the best student in a department in the University.
Who needs this?
Are you interested in sponsoring a Charitable cause?
This service might be for you!
BENEFITS
- Philanthropic Impact: Donors have the satisfaction of making a positive impact on society through their charitable contributions.
- Tax Advantages: Donors to charitable trusts often enjoy significant tax advantages.
- Legacy Building: Establishing a charitable trust allows donors to create a legacy. By supporting causes they are passionate about, donors can leave a positive mark on the world even after their lifetime.