What is permanent endowment?
Permanent endowment is property of a charity (ie land and buildings, investments or cash) which generally the trustees may not spend as if it were income without authority. This is a complex area; while it will usually be clear whether funds are held as permanent endowment, it is not always straightforward. We advise you to read our information sheet CSD1347A which explains more about what permanent endowment is and the circumstances when you may spend it. .
