Can a not for profit corporation create a trust fund?

Answer:

Answer

Yes, and in some cases that is the only thing they create, as a mechanism for holding and distributing donations to other charitable causes.


YES. Trust should have a holder and a beneficiary. In this case, the non-profit corporation is the trustee. The beneficiary may be designated by the corporation.

First answer by Wutzyerproblem. Last edit by Athena artemis09. Contributor trust: 0 [recommend contributor recommended]. Question popularity: 22 [recommend question].