Knowledge (XXG)

Queen Anne's Bounty

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augmentation, between 1809 and 1820 Parliament made annual grants to the bounty of £100,000; £1.1m in total. As a result, by 1824 all livings under £30 a year had been augmented and there were funds in hand to permit the augmentation of all livings worth under £50 a year. By 1841, it was estimated, the operations of the bounty (discounting the effects of the Parliamentary grants of 1809-20) had secured additional church income over ten times that of the first fruits and tenths.
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paid the bounty on their investments, and that paid by the bounty to parishes going to meet the running costs of the bounty and to increase the funds available for augmentation. In 1829 the purchase money deposited with the bounty amounted to over £1m, which was invested in bank annuities (financial instruments of fluctuating value, then worth over £1.3m); by 1900 the bounty was holding over £7m credited to various augmented livings.
71:. c. 53) was passed 'to promote the residence of the parochial clergy, by making provision for the more speedy and effectual building, rebuilding, repairing or purchasing houses and other necessary buildings and tenements for the use of their benefices'. Known as the Gilbert Act, it enabled the lending of up to three years' income of all benefices for the building or repair of a parsonage house. 703: 60:
with an annual income less than £10, or (in the early years of the bounty) those where augmentation by a third party was offered conditional upon augmentation by bounty funds. Parishes worth less than £20 a year were included in the ballot in 1747, those worth less than £30 a year in 1788 and those under £50 in 1810.
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Augmented parishes came to find it more convenient to not actually purchase land, but to leave the purchase money deposited with the bounty, which paid a guaranteed but moderate rate of interest. The money held by the bounty was invested at higher rates of interest, the difference between interest
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The bounty money was to be used to increase the income of livings yielding less than £80 a year. It was not paid directly to incumbents, but instead used to purchase land (generally £200-worth), the income from which augmented the living. The livings to be augmented were selected by lot from those
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The original (first fruits and tenths) income and that from interest rate differences on money on deposit with the bounty, had by 1815 allowed the allocation of nearly £1.5m of capital (securing nearly £0.5m of third-party benefactions) to augment the income of 3,300 livings. To accelerate
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announced that they were setting up a fund of £100 million to be spent over the next nine years on addressing historic links with slavery, a figure increased to £1B in March 2024 following a report commissioned by the Church Commissioners
56:, on becoming the recipient of these monies had had them carefully valued and specified as sums of money. This valuation was never revised, and in 1920 the income from First Fruits and Tenths was between £15,000 and £16,000. 589: 48:' (the first year's income of a cleric newly appointed to a benefice) and 'tenths' – a tenth of the income in subsequent years traditionally paid by English clergy to the pope until the 579: 130:(As a rough comparison, in Queen Anne's reign, 3,800 livings had been worth less than £50 a year and therefore excused (in perpetuity) payment of first fruits and tenths.) 526: 612: 133:
After 1836, bounty augmentations were generally to match third party benefactions to livings worth less than £200 a year. In 1890, the total amount distributed was
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for the Augmentation of the Maintenance of the Poor Clergy") that administered the bounty (and eventually a number of other forms of assistance to poor livings).
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On 16 June 2022 the Church Commissioners published an interim report on research into links between Queen Anne's Bounty and the
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Many of the fine Georgian and Victorian parsonages still in existence were funded by mortgages drawing on the fund after the
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An Act to enable the Governors of Queen Anne's Bounty to provide Superannuation Allowances for their Officers.
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in the 18th century, and had received benefactions from people with links to slavery, including
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The Ecclesiastical Commission reported (1836) the following data on low-income livings:
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was a scheme established in 1704 to augment the incomes of the poorer clergy of the
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https://archiveshub.jisc.ac.uk/search/archives/2055259f-e312-3103-9967-750296cf8547
367: 172: 45: 232: 159:. The report said that Queen Anne's Bounty had invested significant sums in the 702: 411: 53: 276: 265: 68: 580:"C of E paid poor 18th-century clergy with 'abominable' slave trade funds" 639: 254: 613:"Church Commissioners acknowledge that slave trade boosted early funds" 417: 401: 40: 452:. Vol. 2 (11th ed.). Cambridge University Press. p. 64. 221: 706: This article incorporates text from a publication now in the 26:
and by extension the organisation ("The Governors of the Bounty of
659:"C of E hoping to create £1bn fund to address legacy of slavery" 441: 640:"Church of England announces £100m fund after slavery links" 481:
Queen Anne's bounty, a short account of its history and work
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Scheme for assisting poorer clergy of the Church of England
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Queen Anne's Bounty Tercentenary Commemorative Booklet
366: 361: 348: 338: 312: 381:Queen Anne's Bounty (Superannuation) Act 1870 314:Queen Anne's Bounty (Superannuation) Act 1870 8: 407:Commission for Building Fifty New Churches 309: 206:The Queen Anne's Bounty Acts 1706 to 1870 163:, which transported 34,000 slaves to the 473: 471: 469: 467: 465: 463: 461: 459: 89: 38:The bounty was originally funded by the 725:. London and New York: Frederick Warne. 429: 553:The Church Commissioners Measure 1947 7: 559:from the original on 12 January 2011 657:Sherwood, Harriet (4 March 2024). 578:Sherwood, Harriet (16 June 2022). 14: 744:1947 disestablishments in England 611:Williams, Hattie (16 June 2022). 592:from the original on 18 June 2022 529:from the original on 4 March 2016 478:Le Fanu, William Richard (1921). 142:Church Commissioners Measure 1947 749:History of the Church of England 701: 519:Hansard House of Commons Debates 332:Parliament of the United Kingdom 325: 65:Clergy Residence Repair Act 1776 739:1704 establishments in England 1: 682:, section 2(1) and Schedule 2 52:and thereafter to the Crown. 295:Queen Anne's Bounty Act 1840 284:Queen Anne's Bounty Act 1838 273:Queen Anne's Bounty Act 1805 262:Queen Anne's Bounty Act 1803 251:Queen Anne's Bounty Act 1716 240:Queen Anne's Bounty Act 1714 229:Queen Anne's Bounty Act 1707 218:Queen Anne's Bounty Act 1706 195:Queen Anne's Bounty Act 1703 146:Ecclesiastical Commissioners 754:Economic history of England 770: 549:"The Church Commissioners" 307:United Kingdom legislation 324: 319: 722:The Nuttall Encyclopædia 418:First fruits in Scotland 177:Archbishop of Canterbury 140:On 2 April 1947, by the 525:: cc530-9. 4 May 1837. 449:Encyclopædia Britannica 212:of the following Acts: 93:Annual income of living 680:Short Titles Act 1896 398:Board of First Fruits 181:Church Commissioners 157:Atlantic slave trade 150:Church Commissioners 717:Queen Anne's Bounty 484:. London: Macmillan 20:Queen Anne's Bounty 646:. 10 January 2023. 75:Later developments 34:Original structure 385:33 & 34 Vict. 376: 375: 355:33 & 34 Vict. 320:Act of Parliament 161:South Sea Company 128: 127: 111:Number of livings 24:Church of England 761: 726: 705: 683: 676: 670: 668: 654: 648: 647: 636: 630: 629: 627: 625: 608: 602: 601: 599: 597: 575: 569: 568: 566: 564: 545: 539: 538: 536: 534: 511: 505: 500: 494: 493: 491: 489: 475: 454: 453: 445: 434: 329: 328: 315: 310: 210:collective title 165:Spanish Americas 90: 769: 768: 764: 763: 762: 760: 759: 758: 729: 728: 715:, ed. (1907). " 711: 692: 687: 686: 677: 673: 656: 655: 651: 638: 637: 633: 623: 621: 610: 609: 605: 595: 593: 577: 576: 572: 562: 560: 547: 546: 542: 532: 530: 513: 512: 508: 501: 497: 487: 485: 477: 476: 457: 443:"Annates"  436: 435: 431: 426: 394: 334: 326: 313: 308: 299:3 & 4 Vict. 288:1 & 2 Vict. 244:1 Geo. 1. St. 2 190: 77: 36: 17: 12: 11: 5: 767: 765: 757: 756: 751: 746: 741: 731: 730: 699: 698: 691: 690:External links 688: 685: 684: 671: 649: 631: 603: 570: 540: 515:"First Fruits" 506: 495: 455: 440:, ed. (1911). 438:Chisholm, Hugh 428: 427: 425: 422: 421: 420: 415: 409: 404: 393: 390: 389: 388: 374: 373: 370: 364: 363: 359: 358: 352: 346: 345: 342: 336: 335: 330: 322: 321: 317: 316: 306: 303: 302: 291: 280: 269: 258: 247: 236: 225: 203: 202: 199:2 & 3 Ann. 189: 186: 169:Edward Colston 126: 125: 122: 119: 116: 113: 107: 106: 103: 100: 97: 94: 76: 73: 35: 32: 15: 13: 10: 9: 6: 4: 3: 2: 766: 755: 752: 750: 747: 745: 742: 740: 737: 736: 734: 727: 724: 723: 718: 714: 709: 708:public domain 704: 697: 694: 693: 689: 681: 675: 672: 666: 665: 660: 653: 650: 645: 641: 635: 632: 620: 619: 614: 607: 604: 591: 587: 586: 581: 574: 571: 558: 554: 550: 544: 541: 528: 524: 520: 516: 510: 507: 504: 499: 496: 483: 482: 474: 472: 470: 468: 466: 464: 462: 460: 456: 451: 450: 444: 439: 433: 430: 423: 419: 416: 413: 410: 408: 405: 403: 399: 396: 395: 391: 386: 382: 378: 377: 372:9 August 1870 371: 369: 365: 360: 356: 353: 351: 347: 343: 341: 337: 333: 323: 318: 311: 305: 300: 296: 292: 289: 285: 281: 278: 274: 270: 267: 263: 259: 256: 252: 248: 245: 241: 237: 234: 230: 226: 223: 219: 215: 214: 213: 211: 207: 200: 196: 192: 191: 187: 185: 182: 178: 174: 170: 166: 162: 158: 153: 151: 147: 143: 138: 136: 131: 123: 120: 117: 114: 112: 109: 108: 104: 101: 98: 96:Less than £50 95: 92: 91: 88: 85: 81: 74: 72: 70: 66: 61: 57: 55: 51: 47: 43: 42: 33: 31: 29: 25: 21: 720: 700: 674: 664:The Guardian 662: 652: 643: 634: 622:. Retrieved 618:Church Times 616: 606: 594:. Retrieved 585:The Guardian 583: 573: 561:. Retrieved 552: 543: 531:. Retrieved 522: 518: 509: 498: 486:. Retrieved 480: 447: 432: 380: 368:Royal assent 304: 205: 204: 173:Justin Welby 154: 148:to form the 139: 132: 129: 110: 86: 82: 78: 62: 58: 46:first fruits 39: 37: 19: 18: 713:Wood, James 533:17 November 188:Legislation 50:Reformation 733:Categories 488:4 November 424:References 412:John Ecton 340:Long title 54:Henry VIII 28:Queen Anne 414:(d. 1730) 277:45 Geo. 3 268:. c. 107) 266:43 Geo. 3 137:176,896. 105:£150–200 69:17 Geo. 3 44:monies: ' 590:Archived 563:19 April 557:Archived 527:Archived 392:See also 350:Citation 279:. c. 84) 257:. c. 10) 255:3 Geo. 1 246:. c. 10) 102:£100–150 710::  624:18 June 596:18 June 402:Ireland 208:is the 99:£50–100 41:annates 387:c. 89) 301:c. 20) 290:c. 20) 235:c. 54) 233:6 Ann. 224:c. 24) 222:6 Ann. 201:c. 20) 175:, the 124:1,354 400:, in 362:Dates 357:c. 89 121:1,602 118:1,628 678:The 626:2022 598:2022 565:2006 535:2015 490:2015 379:The 293:The 282:The 271:The 260:The 249:The 238:The 227:The 216:The 193:The 719:". 644:BBC 115:297 735:: 661:. 642:. 615:. 588:. 582:. 555:. 551:. 523:38 521:. 517:. 458:^ 446:. 171:. 669:. 667:. 628:. 600:. 567:. 537:. 492:. 383:( 297:( 286:( 275:( 264:( 253:( 242:( 231:( 220:( 197:( 135:£ 67:(

Index

Church of England
Queen Anne
annates
first fruits
Reformation
Henry VIII
Clergy Residence Repair Act 1776
17 Geo. 3
£
Church Commissioners Measure 1947
Ecclesiastical Commissioners
Church Commissioners
Atlantic slave trade
South Sea Company
Spanish Americas
Edward Colston
Justin Welby
Archbishop of Canterbury
Church Commissioners
Queen Anne's Bounty Act 1703
2 & 3 Ann.
collective title
Queen Anne's Bounty Act 1706
6 Ann.
Queen Anne's Bounty Act 1707
6 Ann.
Queen Anne's Bounty Act 1714
1 Geo. 1. St. 2
Queen Anne's Bounty Act 1716
3 Geo. 1

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