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Institution of Purely Public Charity Property Tax Exemption Co Ramsey Mn Form

Institution of Purely Public Charity Property Tax Exemption Co Ramsey Mn Form

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in this video we're going to continue talking about charitable trusts and specifically we're going to begin talking about the public benefit requirement so we've already seen a little bit about charities and we saw in section 1 that a charity is defined as an institution which is established for charitable purposes only and section 2 defines a charitable purpose as one which falls within section 3-1 and is for the public benefit so there is this further aspect to the legal definition of a charity there is a requirement of a public benefit so in order for there to be a charitable purpose not only must it fall within section 3 1 which we've looked at in my previous videos but it must also serve a public benefit and it's only if both of these things are satisfied does there exist a charitable purpose under section 2 of the charities act 2011. section 4 subsection 3 of the charities act says that any reference to the public benefit is a reference to the public benefit as that term is under

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