Based on the legal attribute of charitable trusts (CTs), they should be interpreted as organizations. In practice, CTs are not only a type of trust but also a charitable organization with unique dual attributes focusing on public welfare and profitability. Their core function is to achieve the goal of charity by using the trust as a tool, although they have the characteristics of a trust in terms of external representation. The dual attributes of CTs present new challenges in terms of governance mechanisms, which must be different from those of traditional charitable organizations and the general corporate governance mechanisms applied to trust companies



To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.