Glossary

All resources

Here is a list of all the resources. You can also search by type, using the tabs above, or use the search tool.

Definition

Holdings of economic value by a foundation or charity – such as cash, stocks, bonds, buildings or other property, and accounts receivable.

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

A trust is an arrangement whereby a person or persons (the trustees) is made the nominal owner of property for the benefit of another person or group of people (the beneficiaries).

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

Providing debt and equity finance (loans and shares) in communities or markets where mainstream financial services are weak and which are said to be 'undercapitalised'.

Definition

CDFIs lend and invest in deprived areas and underserved markets that cannot access mainstream finance.

Definition

CDVC is a particular type of CDFI that specialises in equity investments as opposed to loan finance.

Definition

A grant-making charity established to strengthen local communities, creating opportunities and tackling issues of disadvantage and exclusion.

Definition

Limited companies, with special additional features, created for the use of people who want to conduct a business or other activity for community benefit, and not purely for private advantage (CIC regulator definition). CIC is a legal form used by many social enterprises.

Definition

CITR offers a tax incentive to investors in accredited community development finance institutions (CDFIs). The tax incentive is available to individuals and companies.

Definition

The overhead costs of an organisation, as opposed to those specific to a project.

Definition

Development trusts are organisations that are engaged in the economic, environmental and social regeneration of a defined area or community.

Definition

Income which a charity obtains through selling products or services, for example providing training courses, or running charity shops.

Definition

The ability of a charity to produce its desired result. See impact.

Definition

An expendable endowment fund is a fund that must be invested to produce income.

Definition

The terms ‘trust’ and ‘foundation’ are often used interchangeably.

Definition

Mutual organisations that offer members a range of affordable savings, investments, insurances, pensions and specialist annuities.

Pages