Public trust

Japanese: 公益信託 - こうえきしんたく(英語表記)public trust
Public trust
This is a trust that allocates the assets of individuals or corporations, such as money, securities, and real estate, to public projects such as welfare and education. Traditionally, such projects were centered around incorporated foundations, and so they were underdeveloped in Japan compared to the United States and the United Kingdom, but since the first one was established in 1977, they have gradually become more widespread. The purpose of charitable trusts accounts for 60% of all trusts, and other main purposes include welfare for the disabled and elderly, international exchange, and healthy development of young people, but recently "town development charitable trusts" that aim to use these trusts for independent town development through the ingenuity and creativity of residents, conservation of the local natural environment, and promotion of local culture are also becoming more widespread.

Source: Encyclopaedia Britannica Concise Encyclopedia About Encyclopaedia Britannica Concise Encyclopedia Information

Japanese:
金銭,有価証券,不動産など個人や法人の財産を福祉,教育などの公益的事業に振り向ける信託をいう。従来は財団法人がこうした事業の中心となっていたため,アメリカやイギリスと比較しても日本では未発達であったが,1977年に第1号が発足した後,徐々に普及してきている。公益信託の目的としては,奨学金,研究助成などが全体の6割を占め,そのほかにも障害者・老人福祉,国際交流,青少年の健全育成などが主なものであったが,最近ではこれを住民の創意工夫による自主的な町づくり,地域の自然環境保全,郷土文化の振興にも活用しようとする「町づくり公益信託」なども普及し始めている。

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