Share it now!

Comparison between Charitable Society and Charitable Trust in India

I am getting so many queries, asking for difference between Charitable Society and Charitable Trust. Persons those who want to register a charitable organization may register that as Charitable Trust or Charitable Society. Both Charitable Trust and Charitable Society work almost as the same.

So the question is which one to choose – Charitable Trust or Charitable Society. Well, this is your call and you have to make a decision. I can not decide it for you. However, what I can do, I can give you an idea of Both Charitable Trust and Charitable Society to make it easier. In this post I will be discussing:

  1. The similarities between Charitable Trust and Charitable Society
  2. Basic differences between Charitable Trust and Charitable Society
  3. Types of Trusts and Societies.
  4. Why should we register an organization as Charitable Society
  5. Why should we NOT register an organization as Charitable Society
  6. Why should we register an organization as Charitable Trust
  7. Why should we NOT register an organization as Charitable Trust

It is going to be a long discussion so bear with me. You are free to leave your comment or questions if like it or have any question. Please do not copy this!

Similarities between Charitable Trust and Charitable Society :

Both Charitable Trust and Charitable Society are for charitable purposes only.

Both Charitable Trust and Charitable Society are technically non governmental in nature and the employees of any organization are not government employees.

Both are ‘Legal Person’ in the eyes of law that is both Charitable Trust and Charitable Society are separate from its members, directors, president, trustees etc. and the persons managing the Charitable Trust or Charitable Society are not personally liable for the acts of Charitable Trust or Charitable Society.

The ‘Rule Against Perpetuity’ does not apply on Charitable Society and Charitable Trust.

Both Charitable Trust and Charitable Society must be registered to have some special benefits

Both Charitable Trust and Charitable Society can operate bank accounts, sale and purchase property, receive funds form various sources and invest.

So, these were some basic similarities to have an idea.  Now I come to the differences

   


Share it now!