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Perpetual Purpose Trust

Also known as: PPT, Purpose Trust, Stewardship Trust, Non-Charitable Trust, Dynasty Trust
Published on 2024-07-22 | Last edited on 2024-09-17
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Definition

The Perpetual Purpose Trust (PPT) is a non-charitable trust that is established for the benefit of a purpose rather than a person. An Employee Ownership Trust (EOT) is an example of a PPT.

#EOT

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