A simple, time-tested structure for charitable work.
A Trust is one of the oldest and simplest structures for carrying out charitable or religious activities in India. A public charitable trust is created when a settlor transfers property or funds to trustees, who hold and manage it for the benefit of the public under a trust deed. In Tamil Nadu, the trust deed is executed on stamp paper and registered with the local Sub-Registrar. Trusts are widely used for running charitable institutions, temples, educational and medical initiatives. With a well-drafted deed, a trust can go on to obtain 12A and 80G registrations, making donations tax-efficient for both the trust and its donors.
Founders and families wanting a straightforward charitable or religious institution.
Timelines and government fees are indicative and subject to processing by the relevant authority. Approval and its timing are decided by the authority and cannot be guaranteed.
A minimum of two trustees is recommended; there is no fixed maximum.
It can receive CSR funds, though a Section 8 company or a well-established trust with 12A/80G is often preferred by corporates.
A public charitable trust is generally irrevocable to protect its charitable purpose.
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