Philanthropy Impact

Inspiring philanthropy and social investment across borders, sectors and causes

Glossary

Definition
Investing in the core costs of an organisation, such as its operational capacity and long-term sustainability, rather than supporting specific projects.
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.

Definition

Voluntary organisation which benefits the public in a way the law says is charitable (Charity Commission definition).

Definition

An autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.

Definition

Under FCR organisations and their funders ensure that the price of contracts and grants reflects the full costs of delivery, including the legitimate portion of overhead costs.

Definition

A contribution of goods or services rather than cash.


Definition

A gift of money or property by Will.


Definition

A method of grant-making whereby an investment is made in a charity or other organisation with the express purpose of attracting funds or other support from additional sources.

Definition

An organisation which uses all money earned or donated to pursue its objectives, and does not distribute profits to owners. In the UK the term not-for-profit is more commonly used with the same meaning. Most nonprofits operate with a social purpose.

Definition

The word philanthropy is originally Greek and means ‘love of mankind’.

Definition

The collective name for charities, voluntary, non-government and campaigning organisations. Also known as the voluntary and community sector (VCS).

Definition

Total return refers to the overall benefit of an investment. It includes both income and capital growth.

Definition

An organisation which offers support to, and coordination of charities sharing a common interest (i.e. in a particular sector or geography). Umbrella groups are often membership bodies.

Definition

See glossary entry for Third sector.