who is the donee of a gift in trust
Gift (law) A gift, in the law of property, is the voluntary transfer of property from one person (the donor or grantor) to another (the donee or grantee) without full valuable consideration. In order for a gift to be legally effective, three requirements must be met:
National Trust for Places of Historic Interest or Natural Beauty It is the largest membership organisation in the United Kingdom, with 5.1 million members as of 2017,[1] who enjoy free entry to open NT properties. For the year ended 28 February 2015, the trust's total income was £494 million, up from £460 million in 2013–14, making it one of the largest UK charities by income and assets. The largest sources of income were membership subscriptions (£161 million), direct property income (£145.1 million) and legacies (£50.5 million). In addition, the trust receives money from its commercial arm, National Trust Enterprises Ltd, which undertakes profit-making activities such as running gift shops and restaurants at NT properties. The organisation has cash and financial investments of £1.127 billion, a 7.5% increase on the previous year.[1]