Allchurches Trust

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Allchurches Trust Limited
Allchurches Trust logo.jpg
Founded 1972
Founder Church of England
Type Charitable Trust
Registration no. 263960
Location
  • Beaufort House, Brunswick Road, Gloucester GL1 1JZ
Area served
UK, Ireland, Canada, Australia
Key people
Sir Philip Mawer (Chair)
Subsidiaries Ecclesiastical Insurance, EdenTree Investment
Revenue
£50million (2014-2016)
Mission "To promote the Christian faith and to contribute to the funds of any charitable institutions and to carry out any charitable purpose".
Website http://www.allchurches.co.uk/

Allchurches Trust is a large national charity in the United Kingdom, headquartered in Gloucester.

History

Allchurches was established in 1972 by Archbishop Michael Ramsey and Archbishop Donald Coggan and the Secretary General of Synod, Sir John Guillum Scott, and other senior Church of England figures,[1] to act as the beneficial owner of the major insurance company Ecclesiastical Insurance, a company founded in 1887 by the Church of England.[2] Whilst legally separate from the Church of England, the two have long had historical and cultural ties with several Allchurches trustees drawn from senior Church of England figures in the past. The current Chair of Trustees is Sir Philip Mawer, former Secretary General of the General Synod of the Church of England.

Purpose

It is an independent registered charity and its objects are to promote the Christian religion and to provide funds for other charitable purposes.[3] Initially, most of its grants were for the repair and maintenance of church buildings. Now it also supports projects that more widely benefit local communities, reflecting changes in society.

Income

It does not fundraise; it receives its funds from the business it owns, Ecclesiastical Insurance Group plc (EIG), which passes on to Allchurches Trust a significant proportion of its profits. EIG is regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).

In 2015 Allchurches Trust received £23million from Ecclesiastical Insurance,[4] enabling the charity to give over £11.5million to Church of England cathedrals, dioceses and parishes, and £5.8million supporting other denominations and charitable projects.[5]

In 2016, Ecclesiastical Insurance and its subsidiary EdenTree Investment, also owned by AllChurches Trust, celebrated the achievement of £50million donation to the charitable owner in under three years with a Thanksgiving service in Gloucester Cathedral. A personal message of thanks from Archbishop Justin Welby was read out honouring the charitable work of the corporate group. Ecclesiastical Insurance has set itself a new target of reaching £100million for Allchurches Trust by 2020.[6][7][8]

See also

References

  1. ^ "Incorporation". Companies House. Retrieved 22 April 2017. 
  2. ^ http://www.ecclesiastical.com/churchmatters/index.aspx Ecclesiastical Insurance: "Founded in 1887 to insure the Anglican church, Ecclesiastical is the UK’s leading church insurer." (retrieved 27 January 2016)
  3. ^ Charity Commission. Allchurches Trust Limited, registered charity no. 263960. 
  4. ^ Church Times: Ecclesiastical to give away £23 million
  5. ^ "ATL Annual Review 2015" (PDF). Allchurches Trust Limited. Retrieved 22 April 2017. 
  6. ^ "CSR Video Production - Financial Services Sector". Youtube. Retrieved 24 April 2017. 
  7. ^ "Celebrating Ecclesiastical's £50 million donation milestone". Quadra Claims. Retrieved 24 April 2017. 
  8. ^ "£50m Ecclesiastical donation to charities to double". South West Business. 22 June 2016. Retrieved 24 April 2017. 

External links

  • Official website
  • National Churches Trust list of major grant funders [1]
  • The Church of England's Just Pray initiative backed by Allchurches Trust [2]
  • Income from Ecclesiastical Insurance Group in 2015 [3]
  • Allchurches Trust supports film How to Choose the Perfect Priest [4]
  • Grant from Allchurches Trust for research project by Ripon College, Cuddesden, into the role of archdeacons in the Church of England [5]
  • Christian Aid visit to study gender justice in a rural community in Kerala India with funding from Allchurches Trust [6]
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