Charitable definition

Charitable means for a benevolent purpose, including environmental, health, educational, humane, patriotic, scientific, artistic, social welfare, and civic.

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Charitable means both charitable under section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and also in relation to the application of the Taxes Acts.

Charitable as used in this chapter means any activity represented as carried on from unselfish, civic, or humanitarian motives, or for the benefit of others, and not for private gain, and may include without limitation patriotic, philanthropic, social service, welfare, benevolent, educational, civic, fraternal, cultural, eleemosynary, scientific, historical, athletic, medical, or religious activities, either actual or implied.

Examples of Charitable in a sentence

Any net sales proceeds in excess of the amount payable to the Prohibited Owner shall be immediately paid to the Charitable Beneficiary.
Any distribution so paid to the Trustee shall be held in trust for the Charitable Beneficiary.
The Supervision of Trustees and Fundraisers for Charitable Purposes Act regulates entities receiving or raising charitable contributions.
Upon such a sale to the Company, the interest of the Charitable Beneficiary in the Shares sold shall terminate and the Trustee shall distribute the net proceeds of the sale to the Prohibited Owner.
The designation of a nonprofit organization as a Charitable Beneficiary shall not entitle such nonprofit organization to serve in such capacity and the Company may, in its sole discretion, designate a different nonprofit organization as the Charitable Beneficiary at any time and for any or no reason.

More Definitions of Charitable

Charitable means an organization or institution organized and operated to benefit an indefinite number of the public. The service rendered to those eligible for benefits must also confer some benefit on the public.

Charitable. , in relation to expenditure, means expenditure for a charitable, benevolent or philanthropic purpose.”

Charitable means and includes the words patriotic, philanthropic, social service, welfare, benevolent, educational, fraternal or any agency created for the purpose of supporting health research or health measures, either actual or purported.

Charitable means charitable both for the purposes of Section 7 of the Charities and Trustees Investment (Scotland) Act 2005 and also Section 505 of the income and Corporation Taxes Act 1988.

Charitable means that which is charitable in terms of the Charities and Trustee Investment (Scotland) Act 2005 which is also regarded as charitable in relation to the application of the Taxes Acts;

Charitable means benevolent, civil, religious, educational, fraternal, patriotic, political, philanthropic or other similar purposes.

Charitable means an activity which improves the material situation of a certain number of persons in need.