Church Commissioners
| Use attributes for filter ! | |
| Second Church Estates Commissioner | Andrew Selous |
|---|---|
| First Church Estates Commissioner | Loretta Minghella |
| Third Church Estates Commissioner | Eve Poole |
| Secretary and Chief Executive | Andrew Brown |
| Headquarters location | London, United Kingdom |
| Parent organizations | The Church of England |
| Date of Reg. | |
| Date of Upd. | |
| ID | 3119075 |
About Church Commissioners
The Church Commissioners is a body managing the historic property assets of the Church of England. It was set up in 1948 combining the assets of Queen Anne's Bounty, a fund dating from 1704 for the relief of poor clergy, and of the Ecclesiastical Commissioners formed in 1836.
Church of England announces £100m fund after slavery links
... The investigation, which was initiated by the Church Commissioners, a charity managing the Church s investment portfolio, looked into the Church s investment fund, which back in the 18th century was known as Queen Anne s Bounty...
Archbishop of Canterbury apologises over Church fund's link to slavery
... The investigation commissioned by the Church Commissioners, a charity managing the Church s investment portfolio, revealed that for more than 100 years the fund invested large sums of money in a company responsible for transporting slaves...
Church of England pressures TotalEnergies over Russia business
... It was not immediately clear how large a stake the Church of England s Pensions Board and the Church Commissioners investment fund hold in TotalEnergies...
Church of England announces £100m fund after slavery links
By Rachel RussellBBC News
The Church of England is pledging £100m to " address past wrongs" after its investment fund was found to have historic links to slavery.
The funding will be used to provide a " better and fairer future for all, particularly for communities affected by historic slavery".
A report Last Year found The Church had invested large amounts of money in a company that transported slaves.
Justin Welby said it was " time to take action to address our shameful past".
The Archbishop of Canterbury previously called The Report 's interim findings a " source of shame" in June 2022.
The Investigation , which was initiated by the Church Commissioners , a charity managing The Church 's investment portfolio, looked into The Church 's investment fund, which back in the 18Th Century was known as Queen Anne 's Bounty.
It found that by 1777, Queen Anne 's Bounty had investments worth £406,942 (potentially equivalent to around £724m in today's terms) in The South Sea Company.
The Report estimated that The South Sea Company transported 34,000 slaves " in crowded, unsanitary, unsafe and inhumane conditions" during its 30 years of operation.
As a result, it was committing £100m over The Next nine years to a new programme of investment, research and engagement.
It said it will also fund further research, including into the Church Commissioners ' history, to support dioceses, cathedrals and parishes to research and address their historic links with slavery.
Growth made on the fund will also be spent into grants for projects helping communities adversely impacted by historic slavery.
Mr Welby said: " The full report lays bare the links of the Church Commissioners ' predecessor fund with transatlantic chattel slavery.
" I Am deeply sorry for these links.
" It is now time to take action to address our shameful past. "
The Bishop of Manchester, The Right Reverend Dr David Walker , deputy chairman of the Church Commissioners , also said he is also " deeply sorry" for the fund's " shaming" historic links to The Slave trade.
He added: " We hope this will create a lasting positive legacy, serving and enabling communities impacted by slavery. "
Source of news: bbc.com