The Role Of Trustees In Charitable Trusts
Charitable trusts are one of the best ways to serve people who are in need. They are trusts where a donor transfers all or part of his assets to a set of trustees or directors. These trustees then take charge of all the funds, activities or other formalities. All the activities have to be approved by all the trustees. They can even appoint a few board members or a working committee to help them with this task. However, it is essential that all the activities performed by these charitable trusts are meant for a social cause.