Charitable trust
Ballentine's Law Dictionary · James A. Ballentine · 1916
Ballentine's Law Dictionary
A trust for the benefit of an indefinite class of persons, sufficiently designated to indicate the donors intention and constituting some portion or class of the public.
See 171 111. 462, 63 Am. St. Rep. 241, 40 L. R. A. 730, 49 N. E. 527.