The Church Commissioners for England have announced their latest financial results with the publication of their annual report.
The Church Commissioners’ total return on their investments in 2015 was 8.2 per cent, exceeding their long-term target rate by 2%. Over the past 30 years the fund has achieved an average return of 9.7% per annum. After taking account of expenditure, the fund has grown from Â£2.4bn at the start of 1995 to Â£7.0 billion at the end of 2015.
In 2015, the charitable expenditure of the Commissioners was Â£218.5 million, accounting for 15% of the Church’s overall mission and ministry costs. Commissioners-funded projects ranged from clubs and drop-ins to youth work and food bank hubs, all supported by local churches.