Over past two decades，charitable trust in Taiwan Region have established full-fledged operating institutions，and also have grown rapidly in practice. This article centers on the core institutions of charitable trust in Taiwan Region，including its definition and characteristics，establishment procedure，operation framework，supervision institutions as well as tax deduction. The main findings are：（1）we should carefully examine the comparatively advantages of charitable trust on foundations by sweeping the specific institutions design；（2）the establishment procedure of charitable trust is uncomplicated in general，but the multi-supervising departments system brings inconvenience to those charitable trusts with multiple goals；（3）the regulations relating operation framework and the rights and obligations of different parities of charitable trust are specific and practicable，but the function of “consultant congress” is still unmentioned；（4）the supervising departments have made well-designed institutions in terms of supervision and punishment institutions，yet the information disclosure and the public supervision institutions still have many defects；（5）charitable trust in Taiwan Region have enjoyed multiple tax-deduction，but there is some salient controversy over the tax policies. The article suggests that exploring the development experience and its controversial institutions in Taiwan Region can benefit the growth of charitable trust in mainland.