Question

The primary motive of charitable trust organizations is to provide ………. *
1 Profit
2 Goods
3 Services
4 Capital​

Answer 1

Explanation:

The primary motive of charitable trust organizations is to provide

services

Answer 2

Answer:

The primary motive of charitable trust Organizations is to provide Services.

Explanation :

• The Trusts are the ones who freely lend a hand and have charitable purposes as their goal.
• These organisations are non-profit, and their main objective is to take part in activities that benefit society as a whole. They provide services whole heartedly which thinking about profit.
• A trust established for a charity's benefit that adheres to the Charity Commissioners' rules so that it can be excluded from paying income tax.
• In the absence of a provision for any compensation in the trust document, a trustee has no claim to compensation. Therefore, if the creator of a private trust desires to receive compensation for serving as its trustee, they must make explicit arrangements for this in the trust's instrument.
• If a person has non-essential assets like stocks or real estate and is philanthropically inclined, a charitable trust may be able to provide several financial benefits. Charitable lead trusts and charity remainder trusts are the two basic varieties of charitable trusts.

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