Giving at Emmanuel
How Emmanuel’s finances differ from other churches
Emmanuel is part of the Church of England but as a “proprietary chapel” we are financially independent. We neither contribute to, nor receive support from, the central funds of the C of E. Thus we are wholly responsible for:
Paying the salaries of the minister, the three full-time associate ministers and several part-time pastoral assistants on the Cornhill Training Course;
Meeting the running expenses of Emmanuel, including the costs of the church premises, three houses and two flats;
The cost of our youth work, church groups and evangelistic events.
We also give a large proportion, our hope is to give 50%, of our income away to support other Christian work outside Emmanuel. This includes people working overseas to spread the gospel in places such as Mozambique, Japan and India, as well as churches in the UK which may be struggling financially.
If you would like to be involved in the work of Emmanuel and those we support by giving financially please read on.
Emmanuel has charitable status and can reclaim substantial amounts of tax through a scheme called “Gift Aid”. This means that for every £80 donated the church can claim back £20 from the government. In order to sign up for this you simply need to be paying enough Income tax or Capital Gains tax in the tax year to cover the amount of tax that we and any other charities you give to will reclaim on your gifts.
If you are fortunate enough to pay tax at the higher (40%) rate, you can also recover the extra 20% for yourself on the completion of your tax return.
Reviewing your contribution
Those who decide to make regular contributions to Emmanuel will receive a letter every few years from Emmanuel encouraging us to consider increasing the amount we give in light of inflation, salary increases etc. But please feel free to increase your giving at any time! All you need to do is to contact your bank and change your standing order.
The different methods of giving
The best way to give is by monthly standing order, gift-aided if possible. This is easiest for you and enables us to manage the church finances most effectively. You can also give by one-off cheque or by other means such as CAF or payroll giving.
1. Giving by monthly standing order
Simply fill in the standing order form on the giving leaflet available in the church lounge or download it here. If you are a tax payer please also fill in the gift aid form on the leaflet and return both to Hilary Rendell via the “R” pigeonhole or by mail (address in the online directory).
If your financial circumstances change you can easily change the amount you give or stop altogether by contacting your bank.
Once you have signed the “Gift Aid Declaration” you can also make additional one-off donations to the church tax-efficiently.
2. One-off donations
Please send a cheque made payable to “Emmanuel Church Wimbledon” to Hilary Rendell via the R pigeon hole in the church. If the gift is in cash please place it in an envelope clearly marked with your name and place it in the collection box at the rear of the church.
If you have already filled in a Gift Aid Declaration (possibly in relation to regular giving) the church will be able to recover Gift Aid on any one-off donations you make.
If this is the first time that you have given to Emmanuel, and if you are a UK tax payer, please also fill in a Gift Aid Declaration, which is on the rear of the leaflet about giving that you will find at the rear of the church, and return it to Hilary Rendell via the R pigeon hole.
3. Charities Aid Foundation (CAF)
CAF and similar charitable organisations are unconnected with the church but provide a means of making charitable donations in a tax-efficient way in return for a small charge. If you have a CAF or similar account you can use it to give to Emmanuel either by cheque or standing order.
If you have any questions about the above, please feel free to talk to William Hodson, the Emmanuel Treasurer, of Hilary Rendell (contact details in the online directory).
William Hodson May 2016