Trusts - DIY Committee Guide

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Trusts

A trust is the traditional structure for a charity, adopted by many older groups.  For the trust to also be a charity, the Charity Commission for Northern Ireland must approve its purposes and activities.

Trusts are unincorporated and do not have any independent existence in law.  Therefore, the trustees are personally responsible for any debts or claims against the organisation that cannot be met out of the organisation’s own resources.

Type of organisation:  Trust

Legal Status:  Unincorporated

Governing Document:  Trust Deed

Common Examples:  Grant-making bodies; an organisation to be run by a very small number of individuals

Key Features

As trust has:

When is it appropriate?

An trust may be an appropriate when some or all apply:

More on the advantages and disadvantages of different legal structures.