Abstract:

As an important form of the Third Distribution, the charitable trust has unique advantages such as property independence, flexibility, and the ability to preserve property for appreciation. In the process of promoting common prosperity, charitable trusts can help solve the problem of poverty, reduce the income gap, and improve social governance. Many challenges remain, however, such as weak and uneven regional development, unreasonable trust structures, and trust purposes that are too specific. Therefore, the Charity Law should be revised to establish and improve the institutional mechanisms of charitable trusts to promote common prosperity. First, we should bypass the policy bottleneck of charitable trusts and promote their rapid development. Second, we should explore new trust forms and accelerate the construction of a charitable trust environment. Third, we should establish and improve incentive mechanisms and expand the scope of charitable trust purposes.

Key words: charitable trust, common prosperity, third distribution, institutional mechanism