Cy Pres Doctrine Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Cy Pres Doctrine, written in plain English, along with examples of how it is used.

What is Cy Pres Doctrine?

French term meaning as close as possible.When a gift is made by a will or trust to any charitable or educatioanl institution that no longer exists,this is the legal authority given to the trustee to grant the gift to an institution working for similar purposes.In case of any controversey judge decides in a legal proceeding as to which organisation comes closest in receiving the gift.