The charitable trust can have certain practical advantages over the charitable corporation, at least in some quarters and under certain circumstances. Operational simplicity and low-cost maintenance are some of the pluses. The charitable trust can be more respectful of donor intent, as well. Neither vehicle has shareholders; each exists to further one or more charitable purposes. Professor Austin Wakeman Scott, while acknowledging some technical differences between the charitable trust and the charitable corporation, on balance found them more similar than dissimilar. Charles E. Rounds, Jr. elaborates in §9.8.1 of Loring and Rounds: A Trustee’s Handbook (2014). The section is reprinted bellow in its entirety.
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