This Trust Deed can be used to set up an IRS approved charitable trust.
CHARITABLE TRUST DEED
I, _________________________ [insert name of grantor], of _____________ [insert address of grantor] (the
“Grantor”), hereby create a Trust Property of the property listed in Schedule A attached hereto and
incorporated into this Trust Deed by this reference, which I have delivered today to _________________
[insert name of corporate trustee], whose office address is _____________________ [insert address of trustee]. I
hereby appoint _____________________ [insert name of corporate trustee] and ______________ [insert name of
individual trustee], of ____________ [insert address of individual trustee] to act as Trustees of the Trust (the
I hereby give, transfer, and deliver the property described in Schedule A to the Trustees in trust for the
purposes stated below.
Grantor and Trustees hereby agree as follows:
I. Name and Purpose of Trust
The name of this trust shall be ________________________ [insert name of the trust]. The purpose for
creating this trust is to _________________________________ [describe the purpose of the trust].
II. Transfer of Corpus
Grantor hereby gives and transfers to the Trustees the property described in the attached Schedule A,
together with all income and profits derived, accrued or arising from such property, and any other sums
that may be transferred to the Trustees or their successors pursuant to the terms of this Trust Deed, to
hold in trust for the uses and purposes set forth in this Trust Deed.
III. Investment and Application of Trust Property and Income
The Trustees shall hold the Trust Property and, in their discretion, invest all or any part of it in securities
in which the Trustees is permitted to invest under applicable laws. The Trustees from time to time in their
sole discretion may invest the income to the charitable uses and purposes described above solely by
means of contributions to any charitable corporation, trust, community chest, fund, or foundation which
at the time of the contribution by the Trustees is one of those organizations described in the IRS Code of
the United States, contributions to which are deductible for income tax purposes.
The Trustees shall make distributions at such times and in a manner as not to subject the Trust to tax, and
shall not act in any self dealing as described in Section 4941 of the Internal Revenue Code. The Trustees
shall not retain any excess business holdings as defined in Section 4943 of the Internal Revenue Code and
shall not make any investments as defined in Section 4944 of the Internal Revenue Code nor make any
taxable expenditure which would subject the Trust or any corporate trustee to tax under