Question 1

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

Accepted Answer

The Board acts as financial executive of the Diocesan Synod to promote the activities of the Church of England in the Diocese of Exeter. The Board also acts as Custodian Trustee for parochial, educational and other trusts within the Diocese.

Question 2

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

Accepted Answer

THE EXETER DIOCESAN BOARD OF FINANCE is classified as a major charity. In the latest financial year, they reported a total income of £16,768,000 and total expenditure of £17,749,000.

Question 3

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

Accepted Answer

For every pound spent, approximately 98.6% goes directly to charitable activities. The remaining 1.4% 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 EXETER DIOCESAN BOARD OF FINANCE?

Accepted Answer

THE EXETER DIOCESAN BOARD OF FINANCE employs 68 staff members and is supported by 5 volunteers.

Question 5

Does THE EXETER 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 EXETER 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 EXETER DIOCESAN BOARD OF FINANCE

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