Question 1

What is the mission of THE DURHAM DIOCESAN BOARD OF FINANCE?

Accepted Answer

The objects of the charity are to hold real and personal property for purposes connected with the Church of England and to transact business in connection with the Church of England and the Diocese. The charity is responsible for the collection, custody, disbursement and account of the Diocesan Synod's funds and the employment of all persons in receipt of salaries paid directly from those funds.

Question 2

What is the financial size of THE DURHAM DIOCESAN BOARD OF FINANCE?

Accepted Answer

THE DURHAM DIOCESAN BOARD OF FINANCE is classified as a major charity. In the latest financial year, they reported a total income of £12,474,000 and total expenditure of £12,772,000.

Question 3

How does THE DURHAM DIOCESAN BOARD OF FINANCE allocate its spending?

Accepted Answer

For every pound spent, approximately 99.7% goes directly to charitable activities. The remaining 0.3% is spent on raising funds and administration. This is higher than the median for similar-sized charities (96.6%).

Question 4

What is the workforce structure of THE DURHAM DIOCESAN BOARD OF FINANCE?

Accepted Answer

THE DURHAM DIOCESAN BOARD OF FINANCE employs 50 staff members and is supported by 80 volunteers.

Question 5

Does THE DURHAM DIOCESAN BOARD OF FINANCE receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does THE DURHAM DIOCESAN BOARD OF FINANCE pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

THE DURHAM DIOCESAN BOARD OF FINANCE

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