Church Finances : How does it all work?

Slides:



Advertisements
Similar presentations
Treasurers’ Day 19 September 2014 Diocesan Budget Process.
Advertisements

Finance Committee Annual Report on Parish Finances Fiscal Year Ending June 2009.
Parish Share and Common Fund. Where does our Parish Share go ? The Parish Share of just under 500 parishes Amounted to £9.5 million (2014 Budget) Other.
St Columba’s Church Annual Congregational Meeting 30 March 2014 Financial Accounts for the year to 31 December 2013.
Yours, Lord, is the greatness, the power, the glory, the splendour and the majesty; for everything in heaven and on earth is yours. All things come from.
Introducing the Church Commissioners Paul Lewis Mission and Pastoral Measure 2011 Summer 2012 Conferences.
Diocese of Bristol | Budget Consultations Budget Consultation Oliver Home Diocesan Secretary Matthew Hall Finance Manager.
13/06/20151 Financial Statements for the year ended 31 July 2005.
Council 23 rd November 2007 Financial Statements for the year ended 31 st July 2007.
20/06/20151 Financial Statements for the year ended 31 July 2006.
1 TREASURERS’ WORKSHOP Parish Income, Expenditure, Buying and Reserves.
The Church Commissioners Who we are and what we do.
Budget 2013 Synod 14th June Context Key tasks: Repair finances Increase reserves Improve controls Improve planning.
Key aspects of 2012 Annual Report and Consolidated Accounts and Outlook for April 2013 Annual Parochial Council Meeting.
SORP 2005 Statement of recommended practice. Contents What is changing What is changing SORP 2005 SORP 2005 Charities Act Charities Act Trustee responsibilities.
LDBF Financing mission and ministry in the Diocese of Leicester.
Presentation by Shaun Farrell Secretary & Chief Executive Church of England Pensions Board Pensions and Retirement Housing.
5 Year Plan BUDGET FOR GROWTH. Benefice/Parish Share This increases from £6.4 to £7.8 million over the 5 year period. This is 5% per annum. Income from.
Transforming Lives: Transforming Congregations: Transforming Communities Parish Giving Officers Taster Evening 18 th May 2009.
CHURCH COMMISSIONERS’ FUNDS AND INTER-GENERATIONAL EQUITY (GS 1981) ‘That this Synod, welcoming GS 1981; and noting that the funds of the Church Commissioners.
Boston Catholic Development Services Presentation to New Catholic School Leaders August 18, 2015 Patricia Bartram Executive Director Catholic Community.
The Diocesan Budget Explained 2016 Supporting the mission and ministry of the Diocese of Rochester
PROPERTY & FINANCE COMMITTEE REPORT TO SYNOD 2014.
Treasurers’ Day 19 September 2014 Bath & Wells Diocesan Board of Finance Changing Lives, Changing Churches for Changing Communities.
THE TRURO DIOCESAN BOARD OF FINANCE LIMITED Annual Report and Accounts 2013 Michael Kent, Director of Finance.
Parochial Fees Sally Westlake Table of Parochial Fees Fees belong to the DBF from 1/1/13 Fees are based on costs of ministry, making the church.
God’s Church and Our Church “The wealthiest Institution in the Country” “The lost millions” “It will always be here” Is the Church a long way away from.
Anglican Diocese of Johannesburg 2016 Budget Presentation 28 th November 2015.
Budget 2016 Funding Ministry and Mission in our diocese.
Parish Finance Councils “Good Stewards” Church Revenue & Expenditures.
Treasurers’ Day 25 September 2015 Bath & Wells Diocesan Board of Finance Changing Lives, Changing Churches for Changing Communities.
Common Fund and Parish Share.  Common Fund is the sum of all Parish Shares  We anticipate raising £9.5 million in 2015  80% of budgeted DBF income.
2015. For every pound that is given in the basket, but not in an envelope, we wash 25p down the drain.
Financial overview 2015 and What we plan to spend in 2016.
Treasurers’ Day 25 th September DBF BUDGET.
1. Funding a new model of church 2 Welcome Opening Prayer Introductions and video 2.
1 FINANCIAL CONSULTATIONS 2015 Welcome. Quick Updates Pension Auto enrolment New Charity SORP New Parish Share leaflet 2.
FINANCIAL BRIEFINGS 2016 Welcome.
John Preston National Stewardship Officer Church of England
Serving & supporting.
Funding our Mission and Ministry in 2017
Finance Consultations
A SUMMARY OF UNIVERSITY FUNDING & EXPENDITURE 2016/17
IN THE DIOCESE OF BRANDON
our guide to parish share
The Diocesan Budget Explained 2014
2017 Financial Overview Manchester DBF company accounts only (not consolidated) Draft accounts – currently subject to external audit.
Diocesan Accounts 2012 supporting the mission and ministry
Rt. Revd Anthony Thorold Deaconess Isabella Gilmore
2017 Accounts.
DIOCESE OF MONMOUTH DBF AGM 2016
take responsibility | be generous | have faith
Transforming Communities
in the Diocese of New Jersey
Transforming Communities
Can we operate a share scheme which is fair for all?
Budget 2019 supporting the mission and ministry
TREASURERS’ CONFERENCE
BRIEFING ON DiocesAN finances
Structure of the PCC The PCC will be responsible for the whole parish as defined in the Constitution of the Church in Wales. The membership shall consist.
How can we fund the Diocesan Common Vision?
FINANCIAL BRIEFINGS 2018 Welcome.
Balance of Payments.
APCM 2018 Our Finances.
Salisbury Diocesan Board of Finance
Episcopal Diocese of San Diego 2015 Budget Process
Chelmsford Diocese Deanery Finance Forum
Saturday 20th May 2017 Financial Statements 2016 Canon Simon Harper.
COMMON FUND 2019 Ensuring we can live out one mission, many places.
COMMON FUND 2019 Ensuring we can live out one mission, many places.
Presentation transcript:

Church Finances : How does it all work? 2 minutes : Welcome and introduction Church Finances : How does it all work?

Income Total Income : £1.41bn

Compared with 25 years ago.. Total Income : £127m Other Income Investment Income Operating and Trading Income Voluntary Income Total Income : £1.41bn

Net Income by Source

Net Expenditure 2% 5% 17% 24% 10% 32% Total Expenditure : £1.43bn

How does money flow around the Church? PARISHES CATHEDRALS DIOCESES Figures for 2001 – they will just have gone up a bit since. ARCHBISHOPS’ COUNCIL CHURCH COMMISSIONERS

How does money flow around the Church? DIOCESES Parish Share £321m (33%) Buildings £211m (21%) Operating Costs £316m (32%) PARISHES In : £989m Figures for 2001 – they will just have gone up a bit since. Giving £533m (54%) Gift Aid £ 88m ( 9%) Fundraising, Grants, Trading £247m (25%) Fees £41m (4%) Investment Income £39m (4%) OTHER CHARITIES £ 46m ( 5%) Data for 2014

How does money flow around the Church? PARISHES Parish Share £321m Stipends & Housing c£296m DIOCESES Pensions c£58m In : c£129m Fees £31m Investments £61m Figures for 2001 – they will just have gone up a bit since. Diocese Support £36m Mission Fund £12m Apportionment £26m CHURCH COMMISSIONERS ARCHBISHOPS’ COUNCIL

How does money flow around the Church? CATHEDRALS In : c£107m Giving £24m Trading £54m Investments £18m Grants £20m Figures for 2001 – they will just have gone up a bit since. Cathedrals £9m Bishops £25m CHURCH COMMISSIONERS

How does money flow around the Church? DIOCESES Diocese Support £36m Mission Fund £12m Pensions £123m Cost of Generating Funds £57m CHURCH COMMISSIONERS In : c£276m Income £180m Capital £ 96m Figures for 2001 – they will just have gone up a bit since. Cathedrals £9m Bishops £25m CATHEDRALS Data for 2015

How does money flow around the Church? Training for Ministry £14m Charm £4.3m General £18m ARCHBISHOPS’ COUNCIL Figures for 2001 – they will just have gone up a bit since. Apportionment £29m DIOCESES