The Church of England issued this press release today:
Lambeth Conference: Funding
11 August 2008
The Board of Governors of the Church Commissioners, and the Archbishops’ Council of the Church of England have both met within the past few days to discuss an approach from the Lambeth Conference Company* for financial help. The Board met this morning (August 11th) and the Council on Thursday August 7th.
The Company has assured the Board and the Council that it is continuing to make further approaches throughout the Anglican Communion to meet the full cost of this year’s Conference. It cannot, however, be confident that these will generate funds sufficiently quickly for it to meet all of its obligations as they fall due over the coming weeks and months.
The Board of Governors of the Church Commissioners and the Archbishops’ Council have therefore each agreed to make available to the Company up to £600k as required to enable the Company to honour its commitments while fundraising efforts continue. At this stage both bodies regard these amounts as interest free loan facilities.
They will be considering these matters again at their September meetings when they expect a further report from the Company about the progress of its fundraising efforts.
There has already been generous support from the Church of England for the Lambeth Conference. Parishes and dioceses have made donations towards the costs of overseas bishops attending and the Church Commissioners have met the fees of the English bishops and their wives attending the Lambeth Conference, the costs of some of the conference organising staff, and some of the hospitality offered by the Archbishop of Canterbury.
More information about the Lambeth Conference is available at www.lambethconference.org.
*The Lambeth Conference Company is the body given responsibility for managing the finances and administration of the Lambeth Conference 2008.