A private charitable trust allows you complete discretion over which charity or charitable cause you wish to benefit, and can be set up while you are living or through your estate.
State Trustees are experts in creating and managing private charitable trusts for Victorians wanting to contribute to a particular cause or organisation.
We often set them up for donors who have a specific purpose in mind, such as scholarships. The trust can be named after a family or organisation or in memory of a donor.
We create private charitable trusts with a trust deed or through your will. Funds are invested in perpetuity, with the income earned then distributed annually. Donations to private charitable trusts are, however, not tax deductible.
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