Charitable Endowment definition

Charitable Endowment means Charitable Endowment as defined in sub-section
Charitable Endowment means all property given or endowed for any religious charitable purpose.”
Charitable Endowment means all property given or endowed for the benefit of. or used as of right by, the community or any section thereof for the support or maintenance of objects of utility to the said community or section; such as rest- houses, pathshalas, schools and colleges, houses for feeding the poor and institutions for the advancement of education, medical relief and public health or other objects of a like nature and includes the institution concerned;

Examples of Charitable Endowment in a sentence

  • It is intended that gifts to the Fund will qualify for the Montana Charitable Endowment Tax Credit to the extent the donor so elects.

  • This grant agreement (the “Agreement”) summarizes the mutual understanding of the Vanguard Charitable Endowment Program (the “Grantor’’) and the TechSoup (the “Grantee”) regarding the terms and conditions of a grant to support general operating expenses of TechSoup in relation to the objectives described in TechSoup’s growth capital campaign, which is primarily being funded through the Direct Public Offering, a description which is attached hereto as Exhibit 1 (the “Direct Public Offering Description”).

  • The determination of entitlement of Ambalan rights and to receive first receipt as an Ambalan in the village is by the Joint Commissioner of Hindu Religious and Charitable Endowment Board in exercise of the statutory powers.

  • The Grantor(s) desire(s) to transfer assets at death to the Trustee from (his, their, her) estate through (his, her, their) Last Will and Testament and/or other estate-planning devices for the purpose of funding this Charitable Endowment Fund to be used for the purposes hereinafter described.


More Definitions of Charitable Endowment

Charitable Endowment means all property belonging to or given or endowed for any charitable purpose and includes the charitable institution concerned but does not include a charitable endowment which is an inseparable integral part of a composite institution consisting of institutions established for purpose other than charitable endowments;
Charitable Endowment defined under the Act, 30/87 means:

Related to Charitable Endowment

  • Charitable gaming or "charitable games" means those raffles and games of chance explicitly

  • Charitable trust means any trust provided for in Section 8.2(a)(ii) and Section 8.3(a).

  • Charitable Institution shall refer to an organization described in section 501(c)(3) of the Code (or any corresponding provision of a future United State Internal Revenue law) which is exempt from income taxation under section 501(a) thereof; and (iii) “presumptive remaindermen” shall refer to those Persons entitled to a share of a trust’s assets if it were then to terminate.

  • Charitable purpose means a charitable purpose under section 7 of the Charities and Trustee Investment (Scotland) Act 2005 which is also regarded as a charitable purpose in relation to the application of the Taxes Acts;

  • Charitable organization means a charitable organization as described by Section 501(c)(3) of the Internal Revenue Code of 1986, as in effect from time to time.