Question 1

What is the mission of THE TRURO DIOCESAN BOARD OF FINANCE LIMITED?

Accepted Answer

Promoting and assisting the works, objects and purposes of the Church of England, the advancement of the Christian religion in the Diocese of Truro and, in particular organising and providing funds for various departments of the Church's work.

Question 2

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

Accepted Answer

THE TRURO DIOCESAN BOARD OF FINANCE LIMITED is classified as a large charity. In the latest financial year, they reported a total income of £7,099,311 and total expenditure of £11,413,712.

Question 3

How does THE TRURO DIOCESAN BOARD OF FINANCE LIMITED allocate its spending?

Accepted Answer

For every pound spent, approximately 96.5% goes directly to charitable activities. The remaining 3.5% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.7%).

Question 4

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

Accepted Answer

THE TRURO DIOCESAN BOARD OF FINANCE LIMITED employs 41 staff members and is supported by 23 volunteers.

Question 5

Does THE TRURO DIOCESAN BOARD OF FINANCE LIMITED receive government funding?

Accepted Answer

To a small extent. Approximately 0.6% of their income comes from government grants or contracts.

Question 6

Does THE TRURO DIOCESAN BOARD OF FINANCE LIMITED pay its trustees?

Accepted Answer

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

THE TRURO DIOCESAN BOARD OF FINANCE LIMITED

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