Glossary

A relatively new method of raising funds, usually online. A specific project, activity or item is described, with a target amount that will pay for it. Supporters are then invited to pledge money to make it happen.

Where spending exceeds income.

Relates to morals, and what is right or wrong.

How all types of spending is described in budgets.

In the context of charities, a gift is a donation of money usually by an individual.

In terms of voluntary organisations, it refers to all aspects of controlling, managing and leading organisations. It can also be applied at the national level and includes government and other authorities that run the country.

The group of people (often called the board of trustees) who control, manage and lead a voluntary organisation.

A type of subsidy (money) given to a voluntary organisation by funders such as government, other voluntary organisations or private sector organisations.

Diverse, varied.

Same, alike.