THE church insurer Ecclesiastical has celebrated a hugely
successful 2014 by giving £23.5 million to its charitable owner,
the Allchurches Trust. The donation is almost half of
Ecclesiastical's three-year target of giving away £50 million by
The return to the Trust is a large increase on the previous
year, when Ecclesiastical gave only £4 million.
The accounts for 2014 have not yet been released, but in 2013
the company made a pre-tax profit of £67 million.
The Allchurches Trust, set up in 1972 to promote the Christian
religion, gives grants to churches, cathedrals, and religious or
heritage charities. In its most recent results (2013), it
distributed £6.2 million to Church of England dioceses, £1.4
million to C of E cathedrals, and £1.7 million to other church or
Ecclesiastical's group chief executive, Mark Hews, said: "I'm
delighted that our strong performance in 2014 has enabled us to
make yet another sizeable grant for onward distribution to great
charitable causes across the UK."
The company, founded in 1887, insures 97 per cent of C of E
churches, as well as many Grade I and Grade II listed