Philanthropy Impact

Inspiring philanthropy and social investment across borders, sectors and causes


Glossary item: Capital - Definition

All tangible assets which cannot easily be converted into cash. These are usually held for a long period, such as real estate, equipment, and other physical property. Charity law in England and Wales requires capital to be invested or retained and used for the charity’s purposes. Capital may be permanent endowment or expendable endowment. See assets.

This glossary item is tagged under:

  • Understanding philanthropy