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Definition
See expendable endowment and permanent endowment .
Definition
Development trusts are organisations that are engaged in the economic, environmental and social regeneration of a defined area or community.
Definition
A trust is an arrangement whereby a person or persons (the trustees) is made the nominal owner of property for the benefit of another person or group of people (the beneficiaries).
Definition
Holdings of economic value by a foundation or charity – such as cash, stocks, bonds, buildings or other property, and accounts receivable.

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