Philanthropy Impact

Inspiring philanthropy and social investment across borders, sectors and causes

Pay-out

Glossary item: Pay-out - Definition

The percentage of assets a foundation distributes for charitable purposes in a year. There is no minimum pay-out requirement in the UK. In the USA, the Internal Revenue Services requires most foundations to pay out 5% of the fair market value of their assets to qualifying charitable organisations each year.


This glossary item is tagged under:

  • Trusts & foundations