Charitable trust - sustany/dvg GitHub Wiki

A charitable trust is a�trust�made for the benefit of specific�charitable purposes.� The purpose of the trust must fall into one of the specific purpose categories or is it not valid.� Charitable trusts are favored by the law.� They do not have to have�definite beneficiaries�because the party who enforces the trust is the attorney general.� Also, charitable trusts are not subject to the�rule against perpetuities.

See e.g., Sagtikos Manor Historical Soc'y, Inc. v. Robert David Lion Gardiner Found., Inc. 7 A.D.3d 1056 (N.Y. App. Div. 2015)