Name: The Church Commissioners for England Type: Perpetual Endowment Size: $11.5 bn (£8.7bn) Year of Establishment: 1948 Description: The Church Commissioners for England is an organization that manages a £8.7bn investment fund for the Church of England. Its long-term objective is to continue to support the Church and it does this by using returns to provide funding for mission activities, diocesan and ministry support, clergy pension payments (pre-1998), bishop’s ministry and cathedral costs, parish reorganization and closing costs, and national payroll for clergy.
Sustainable Philanthropy - Church of England
Sustainable Philanthropy - Church of England
Sustainable Philanthropy - Church of England
Name: The Church Commissioners for England Type: Perpetual Endowment Size: $11.5 bn (£8.7bn) Year of Establishment: 1948 Description: The Church Commissioners for England is an organization that manages a £8.7bn investment fund for the Church of England. Its long-term objective is to continue to support the Church and it does this by using returns to provide funding for mission activities, diocesan and ministry support, clergy pension payments (pre-1998), bishop’s ministry and cathedral costs, parish reorganization and closing costs, and national payroll for clergy.