Common Fund

St Laurence Cowley is in the Diocese of London. It is part of the Church of England. St Laurence’s has a full time priest living next to the church because the Diocese pays for him.

The Diocese does not receive any money from the government and it receives very little from the Church of England. It depends on the money it generates by itself through donations and management of existing resources (properties etc).

Each year all churches in the Diocese ideally should send money to a central pot. The money in the pot pays for priests’ incomes, pensions, and housing. It also pays for the training of new priests.

Churches are expected to send just over £76,900 a year to the central pot. In reality churches in wealthy areas often send much more than that, knowing that they are supporting poor churches. Poorer churches send what they can but don’t always make the full amount.

If you can help by donating money, please get in touch with the PCC Treasurer.

Here are three clergy talking about what common fund means in their experience.

Points of View Common Fund 9 from London Diocese on Vimeo.

Points of View Common Fund 7 from London Diocese on Vimeo.

Points of View Common Fund 3 from London Diocese on Vimeo.

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