Question 1

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

Accepted Answer

The DBF undertakes three principle activities:i.   It funds cost associated with the vast majority of Church of England clergy in the diocese,ii.  It is responsible for the custody and management of the synod's fundsiii. It provides services to other councils and committees within the diocese, primarily PCCs and schools.

Question 2

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

Accepted Answer

THE GLOUCESTER DIOCESAN BOARD OF FINANCE is classified as a major charity. In the latest financial year, they reported a total income of £24,832,342 and total expenditure of £15,519,014.

Question 3

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

Accepted Answer

For every pound spent, approximately 98.8% goes directly to charitable activities. The remaining 1.2% 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 GLOUCESTER DIOCESAN BOARD OF FINANCE?

Accepted Answer

THE GLOUCESTER DIOCESAN BOARD OF FINANCE employs 61 staff members and is supported by 56 volunteers.

Question 5

Does THE GLOUCESTER 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 GLOUCESTER 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 GLOUCESTER DIOCESAN BOARD OF FINANCE

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