Philanthropy Impact

Inspiring philanthropy and social investment across borders, sectors and causes

Glossary

Glossary

You might find some of these definitions helpful.

Definition

Payroll giving is a way of giving an amount of money each week or month from your pay.

Definition

A business that integrates commercial objectives (growth, profits) with a social, ethical or environmental mission.

Definition

A social enterprise is a business with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximise profit

Definition

A social entrepreneur is someone who uses the skills to create and develop business, commonly associated with private business, to achieve a social purpose.