Endowment

ENDOWMENT. The permanent provision for the support of the ministry. The annual sum derived from the endowments of the Established Church amounts to rather more than four millions sterling. Of this sum—Tithes and Rents voluntarily given to the Church of England by charitable persons before the Reformation bring in about L1,950,000; Tithes, Rents, and Interest on Money voluntarily given to the Church of England since the Reformation bring in about L2,250,000. Thus the total of the yearly value of endowments is about L4,200,000. Of this the State receives as taxes about L200,000, which leaves a net yearly value of endowments of about; L3,500,000, which is paid to the clergy, of whom there are about 20,000. It is thus divided: 2 Archbishops, 28 Bishops, 73 Archdeacons, receive about L173,000; 30 Deans, 132 Canons, 128 Minor Canons, 600 Singers, Lay Officers and Servants, receive about L203,000; 19,600 other Clergy, Rectors, Vicars, and Curates receive about L3,124,000. The average, therefore, is just L3, 10s. a week for each clergyman.

To supplement its endowments, which were voluntarily given by private persons, the Church receives, by free gifts from her own members, about five millions and a half sterling every year. This money is all  spent on Schools, Church Institutions, Charities, Relief of the Poor, Foreign Missions, Expenses attendant upon the regular performance of Divine Worship, and Building and Restoring Churches (See Establishment.)