Church of England to Boost Mission Funding by 9% to $564 Million

Church of England to Boost Mission Funding by 9% to $564 Million

The Church of England has announced a comprehensive three-year spending plan that aims to bolster clergy stipends and increase investment in local churches. The denomination’s endowment fund, which makes up roughly one-fifth of its annual budget, is projected to provide “$2.17 billion” (£1.6 billion) in funding up to 2029, marking a 36% rise compared to the previous three-year period.