Trusts

Board of Education

The Diocesan Board of Education administers those educational trusts for which it is custodian trustee. This includes the Bishop Wordsworth Educational Trust. More information about educational trusts can be found here.


Board of Finance

The Diocesan Board of Finance has a Custodian Trustee role for many ecclesiastical trusts. These can be PCC and Incumbent and Churchwardens’ Trusts which include both financial and property Trusts.


Ecclesiastical trusts and parish property

The diocese has around 800 ecclesiastical trusts and parish properties held by (or vested in) the Diocesan Board of Finance as Custodian Trustee.

For the great majority, the PCC, or the Incumbent and Churchwardens of the parish concerned, are the managing trustees and they are responsible for day-to-day management of trust affairs and property. When any legal transactions are planned, the Diocesan Board of Finance must give its consent; please contact the Trust and Property Registration Officer to discuss this process. This step is required to ensure that the trust deed, the PCC (Powers) Measure 1921 and 1956 or Incumbent and Churchwardens (Trusts) Measure 1964 and the requirements of the Charities Act 2011 are all considered.

FAQ

Who owns our Parish Hall?
 
A parishioner has left the PCC some money in their will; does it have to be vested in the Board of Finance?
 
Someone has given us shares. Whose name should we register them in?
 
Our PCC has several very small funds vested in the DBF. Can we use the money to pay for re-ordering the church?
 
We have been asked for a copy of the PCC’s constitution, where can this be found?
 
Does the PCC have to register with the Charity Commission?
 

Non-ecclesiastical parish trusts

In some parishes the Incumbent and Churchwardens are trustees of secular trusts or charities set up before 1894 (which is when Parish Councils were established). They are not ecclesiastical and need not be included in the PCC Annual Report and Accounts

These charities often have small capital funds which generate small amounts of income for the relief of poverty. The trustees may wish to consider winding up such charities by transferring the funds to another charity with similar objects or spending the capital on a modern equivalent of the original objects. Please contact the Diocesan Board of Finance Trust and Property Registration Officer with any queries.


Contact the Property and Trusts Team

Elizabeth (Liz) Wallis

Trust and Property Registration Officer

Get in touch

 
 

 

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