To ask the right hon. Member for Banbury, representing the Church Commissioners, what criteria the Commissioners will use in their decision on releasing additional funds to support Church mission and ministry; and if he will make a statement.
19 March 2015
Last month, General Synod supported the idea of the Church Commissioners “giving consideration to the basis on which they might, for a limited period, release additional funds in order to support changes that will equip the Church of England more effectively for sustainable mission and ministry over the coming generations”.
The Commissioners’ own Board of Governors has also expressed its preparedness, following extensive consultation, to release additional time limited funds provided this could be done in an effective and disciplined manner. Robust processes are already in place to govern the distribution of existing discretionary funding streams and the same will be true of any additional funding.
The specific funding criteria have not yet been worked out but I can assure my hon. Friend that any additional money will only be released for focused, evidence-based projects which are rooted in dioceses’ strategies and will be advised by carefully worked through calculations by external actuaries as to the impact on the Commissioners’ ability to make distributions to the Church in perpetuity.