A charitable trust is a legal arrangement where a person or organization sets aside assets to benefit a specific charitable purpose. This type of trust is designed to provide financial support to causes such as education, health care, or environmental protection. The assets in a charitable trust are managed by a trustee, who ensures that the funds are used according to the trust's terms. Charitable trusts can offer tax benefits to the donor, as contributions may be tax-deductible. They can also help ensure that the donor's philanthropic goals are met over time, providing a lasting impact on the community or cause they wish to support.