UTL Trustees

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.