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From Wikipedia: In 1974, ownership was transferred to a charitable trust, The Irish Times Trust. Grant, Trust, same thing? The article also mentions financial
by asdjkf9asd 17y ago
From Wikipedia: In 1974, ownership was transferred to a charitable trust, The Irish Times Trust.
Grant, Trust, same thing?
The article also mentions financial troubles when a major expansion coincided with a collapse in advertising rates, so it's not purely trust funded?
- anigbrowl 17y agoAh, no, that's a legal structure set up in such a way as to prevent commercial transfer. Not necessarily funding related at all...it's more like reconfiguring it to be a non-profit; it can still make money and pay salaries, but it can't be an investment vehicle.