Jerusalem
and the Middle East
Church Association

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Mr John Pringle, the Association's Hon Treasurer adds...

At their meeting in September your Directors approved the accounts of the five registered charities for the year ending 30th June 2009. They all support the religious, educational, medical and other needs of the Episcopal Church in the Province of Jerusalem and the Middle East. In difficult economic times it is pleasing to report that grants paid during the year increased by 20% to £276.000 pounds. This was possible because income from our investments increased by £12,000 and donations by £7,000. All the dioceses received more financial support than in 2008.

That our investment income has continued to grow is due to the sound advice we receive from our Investment Managers. We follow the policies of the Church of England Ethical Investment Advisory Group unless there are exceptional reasons for not so doing. This means the companies must demonstrate responsible employment and best corporate governance practices, be conscientious with regard to environmental performance and human rights, and act with sensitivity in the communities in which they operate.

This financial year will be challenging but there are early indications that we will be able to at least maintain our levels of regular support. Your help and encouragement will underpin our efforts!