charitable gift

charitable gift

An inter vivos or testamentary donation to a nonprofit organization for the relief of poverty, the advancement of education, the advancement of religion, the promotion of health, governmental, or municipal purposes, and other purposes the accomplishment of which is beneficial to the community. Restatement (Second) of Trusts ¡ì 368 (1959).

? When the beneficiary is a religious organization or the gift is intended for a religious purpose, it is sometimes also termed a pious gift.


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Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.