Philanthropy Impact

Inspiring philanthropy and social investment across borders, sectors and causes

Total return

Glossary item: Total return - Definition

Total return refers to the overall benefit of an investment. It includes both income and capital growth. By using the total return method, trustees are able to allocate the return between current and future beneficiaries. Income benefits current beneficiaries whereas capital growth benefits future beneficiaries. (NCVO definition)

This glossary item is tagged under:

  • Trusts & foundations
  • Understanding philanthropy