Charitable trusts have gradually become commonly known to the people in Taiwan and have been developed remarkably. As of 30 September 2017, the total number of charitable trusts held by the bank as trustees totaled 228 cases, and the effective surviving number of charitable trusts is 226 cases. In order to build a more complete legal system for charitable trust, this paper adopts empirical research methods to analyze the establishment and development of charitable trust in Taiwan. Furthermore, this paper summarizes the types of purpose, specific cases, the sources and use of property, trustee qualification, management fees, information disclosure and governance of charitable trusts, in order to privatize the operational practices of charitable trust in Taiwan. This paper further explores the reform of legal system and supervisory mechanisms of charitable trust, with the hope to create a more perfect charitable trust system and operation mechanism to promote the long-term sustainable development and innovation of charitable trusts. Finally, this paper will provide a concise conclusion with recommendations.