The
Church Building Act 1818 granted money and established the Church Building Commission to build churches in the cities of the
Industrial Revolution. These churches became known variously as
Commissioners' churches, Waterloo churches or Million Act churches. The Church Building Commission became the
Ecclesiastical Commissioners in 1836. An earlier
Ecclesiastical Duties and Revenues Commission had been set up under the first brief administration of Sir
Robert Peel in 1835 with a wide remit, "to consider the State of the Established Church in England and Wales, with reference to Ecclesiastical Duties and Revenues"; this body redistributed wealth between the dioceses and changed diocesan boundaries, and the permanent Ecclesiastical Commission was formed the following year. The Church Commissioners were established in 1948 as a merger of
Queen Anne's Bounty and the Ecclesiastical Commissioners, following the passage, by the
National Assembly of the Church of England, of the '''''' (10 & 11 Geo. 6. No. 2). In 1992 it was revealed that the Church Commissioners had lost £500m through over-commitment of the fund leading to poor investment decisions. This figure was later revised up to £800m, a third of their assets. The value of the commissioners' assets was around £5.5 billion as at the end of 2012. By September 2016, it was valued at £7 billion. The income is used for the payment of pensions to retired clergy whose pensions were accrued before 1998 (subsequent pensions are the responsibility of the Church of England Pensions Board) and a range of other commitments including supporting the ministries of bishops and cathedrals and funding various diocesan and parish missions initiatives. In June 2022, the Commissioners acknowledged early links of Queen Anne's Bounty to the
Atlantic slave trade. They and
Justin Welby, the Archbishop of Canterbury, apologised. The Commissioners also oversee pastoral reorganisation, the consent of the commissioners being required for establishing or dissolving team and group ministries, uniting, creating, or dissolving benefices and parishes, and the closing of
consecrated church buildings and graveyards. The Church Commissioners are now based at
Church House,
Westminster,
London, having long occupied No. 1
Millbank. The Millbank building was sold in 2005 to the
House of Lords for accommodation of members and staff; the commissioners completed the move to Church House in 2007. They used to be an
exempt charity under English law, and is now a registered charity regulated by the
Charity Commission for England and Wales. The secretary (and
chief executive) of the Church Commissioners is John Worth. == Responsibilities ==