16 hours ago
Wednesday 19 January 2011
Money, Money, Money
Whenever we get together to talk about the Ordinariate, the question of Finance always arises. In his first Press Conference on being appointed as the Ordinary, Fr Keith spoke of the way members of the Ordinariate would have to get used to supporting the ministry of their clergy. It is very good, therefore, to be able to reproduce (from The Anglo-Catholic - thank you, Christian) the following information:
"The Catholic Bishops' Conference has advised that a Restricted Fund has been established to hold donations towards the formation and support of the Personal Ordinariate of Our Lady of Walsingham in England and Wales, under the auspices of the Catholic Trust for England and Wales (CaTEW). There may be a facility in the future to make donations by standing order, but for the present, donations can be made by cheque, made out to CaTEW, and sent to:
The Catholic Bishops' Conference of England and Wales
39 Eccleston Square
LONDON
SW1V 1BX
Donors are asked ensure that a note is enclosed with the cheque indicating that the donation is for the Restricted Fund for the Ordinariate".
I have posted off my first cheque today, with a note asking to be told when the Standing Order facility is available; and also saying I would like tax to be reclaimed on this and future payments. If all of us heading for the Ordinariate were to convert our present donations to the CofE into a regular payment to the Ordinariate, and add more as we are able, it would show just how serious we are about getting the Ordinariate of Our Lady of Walsingham off to a good start.
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"There may be a facility in the future to make donations by standing order"
ReplyDeleteThis doesn't make sense. If a bank account exists money may be paid into it by Standing Order. This is a matter for the donor, not the recipient. All that is necessary is for the bank account number and sort code to be publicised (as the donor needs to know these to set up a Standing Order).
(Direct Debits are a different matter, but Standing Orders are simplicity itself.)
As I thought; but don't shoot me, I'm only the messenger.
ReplyDeleteCould you open a PayPal account? That is a quick and easy way to accept donations
ReplyDeleteDonate via Catholic league at http://thecatholicleague.blogspot.com/
ReplyDeletePayPal, Gift Aid, Standing Orders, Cheques, Dollars, Pounds, Euros etc accepted!
Perhaps His Lordship Crispian Hollis would happily give some of the "Living Our Faith" funds to support you and others within the Diocese of Portsmouth?
ReplyDeletehttp://thecatholicleague.blogspot.com/
ReplyDeleteHere is the best way to donate to the Ordinariate - the other way is not yet tax efficient
Sir Watkin,
ReplyDeleteI must confess that I am the one who first elicited this information from the CBEW (from a very nice young lady who responded to my importunate requests.) The note more or less distils what I was told in response to my questions; it looks as though in the case of donating by standing order, I didn't ask the right ones. I will know better next time.
Regarding tax efficiency, I would have assumed that as CaTEW is a charity, any restricted fund they established would also be charitable, and therefore donations could be gift-aided to to it and (for higher-rate taxpayers) tax claimed back, in the normal way?