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The Act defines how the author of the trust could create a trust and assign trustees and assign his monetary assets to be controlled by the trust. This trust should have a clear definition of the following: [3] [1] Intention by the author to create the trust; Purpose of the trust; The beneficiary of the monetary assets controlled by the trust
In every trust deed, the minimum and maximum number of trustees has to be specified. The trust deed should clearly spell out the aims and objects of the trust, how the trust should be managed, how other trustees may be appointed or removed, etc. The trust deed should be signed by both the settlor/s and trustee/s in the presence of two witnesses.
Some of the states in India have enacted the Public Charitable Trust Act, while most states in India do not have a trust Act. An NGO can be created only under a public trust Act. Madhya Pradesh and Rajasthan have independent state-level public trust Acts. States like West Bengal, Jharkhand and Bihar do not have any Act to register a public trust.
1947: Delhi: Sushant Agarawal: Leaf Bank: Environment Conservation Delhi: Akanksha Foundation: Education 1991 Mumbai: Shaheen Mistri: CHD Group: Global Public Health. Medical Relief in Disasters Nutrition Child Health Road Safety Primary Health Care
The Hindu Religious and Charitable Endowments Department of the Government of Tamil Nadu manages and controls the temple administration within the state. The Tamil Nadu Hindu Religious and Charitable Endowments Act XXII of 1959 controls 36,425 temples, 56 mathas or religious orders (and 47 temples belonging to mathas), 1,721 specific endowments and 189 trusts.
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The Societies Registration Act, 1860 is a legislation in British India which allows the registration of entities generally involved in the benefit of society – education, health, employment etc.
The Sir Dorabji Tata Trust was established by Sir Dorab Tata (fondly called Sir Dorabji), the elder son of Tata Group founder Jamsetji Tata. Founded in 1932, it is one of the oldest non-sectarian philanthropic organisations in India .