Philanthropy Impact

Inspiring philanthropy and social investment across borders, sectors and causes

Permanent endowment

Glossary item: Permanent endowment - Definition

Permanent endowment is property of the charity (including land, buildings, cash or investments) which the trustees may not spend as if it were income. It must be held permanently, sometimes to be used in furthering the charity’s purposes, sometimes to produce an income for the charity. The trustees cannot normally spend permanent endowment without authority from the Charity Commission (Charity Commission definition). See expendable endowment and mission-related investment


This glossary item is tagged under:

  • Trusts & foundations