What is one purpose that qualifies a trust as a charitable trust?

A charitable trust is designed to benefit the public or a segment of the public by advancing a charitable purpose. One of the recognized purposes that qualifies a trust as a charitable trust is educational purposes. Charitable trusts can be established for various educational initiatives, such as scholarships, funding for educational institutions, or programs that enhance educational opportunities for individuals or communities.

This characteristic aligns with the broader definition of charitable purposes, which also includes relief of poverty, advancement of religion, promotion of health, and other purposes that benefit the community at large. This distinguishes charitable trusts from other types of trusts that may primarily serve private interests, such as those that support identifiable individuals or provide benefits to the settlor's family.