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cy pres doctrine

/ˈsaɪ preɪ ˈdɒktrɪn/

1 entry

phrase

/ˈsaɪ preɪ ˈdɒktrɪn/C2formallegal
  • ruПравовая доктрина, позволяющая суду изменить условия благотворительного траста или пожертвования, когда первоначальная цель становится невозможной, неосуществимой или незаконной, перенаправляя средства на аналогичные благотворительные цели, максимально приближенные к первоначальному намерению дарителя.

A legal doctrine that allows a court to modify the terms of a charitable trust or gift when the original purpose becomes impossible, impracticable, or illegal, redirecting the funds to a similar charitable purpose as closely as possible to the donor's original intent.

  1. Legal principle for charitable trustsC2formal

    A legal doctrine that allows a court to modify the terms of a charitable trust when the original purpose becomes impossible, impracticable, or illegal, by redirecting the funds to a similar charitable purpose as close as possible to the donor's original intent.

    ruДоктрина максимального приближения

    • The court applied the cy pres doctrine to redirect the trust funds to a different children's hospital after the original one closed.
    • When the scholarship program could no longer be funded as intended, the cy pres doctrine was used to support a similar educational initiative.
    • The cy pres doctrine ensures that charitable donations are used for purposes as close as possible to the donor's original wishes.