Management and funding
Below are some details of the funding behind the Foundation and a guide on how to
support our work.
The trustees of the Hockerill Educational Foundation are:
Revd Tim Elbourne
Rt Revd Stephen Cottrell, Bishop of Chelmsford
Rt Revd Dr Alan Smith, Bishop of St Albans
Mrs Lesley Barlow
Rt Revd Paul Bayes, Bishop of Hertford
Mr Colin Bird
Ven Elwin Cockett, Archdeacon of West Ham
Mr Ray Slade
Rt Rev John Wray, Bishop of Bradwell
Mr Jonathan Longstaff
Canon Harry Marsh
Mrs Hannah Potter
Canon Jonathan O Reynolds
The trustees are also Directors of the Hockerill Educational Company which manages
The trust deed determines that some trustees are ex officio, some are appointed
by the Dioceses of Chelmsford and St Albans, and some are co-opted for their experience
in education or finance.
How does the Foundation operate?
The Trustees normally meet twice a year to determine policy and strategy, and to
monitor the finances and grant-making.
In addition, the Finance Committee meets normally twice a year to oversee the Foundation's
investments and financial management, and to make budget and other recommendations.
The Education Grants Committee also meets twice a year to consider and approve applications
for grants. Operational and financial management is delegated to the Secretary of
the Foundation, Mr Derek J Humphrey.
How is the Foundation funded?
The Foundation was endowed with the proceeds of the sale of Hockerill College of
Education, and its income derives almost entirely from these funds, currently valued
about £4M – 5M.
Donations and legacies are also occasionally received.
How to - donations
Give by post:
Please making cheques payable to the Hockerill Educational Foundation and send your
donation to The Secretary, Hockerill Educational Foundation, 3 The Swallows, Harlow,
Essex CM17 0AR.
If you are a UK taxpayer and you Gift Aid your donation, the Foundation can reclaim
an extra 28 pence from the Inland Revenue for every pound you give. On top of that
if you are a higher rate taxpayer, you can claim further tax relief on the donation
in your annual tax return.
Please complete the Gift Aid donation form and return
it by post to the Trust.
If you donate shares, land or buildings to the Foundation you receive tax relief
and also you will not be liable for tax on any capital gains.
Gift in your Will:
Legacies enable many to contemplate making a larger gift than would be possible
during their lifetime since it does not affect day-to-day income. When you make
or update your Will, please consider making a gift to the Hockerill Educational
Foundation. Your solicitor will advise you on the best way to record your intentions
and maximise the impact on your financial arrangements. Should you wish to make
a change to an existing will, a solicitor can advise you on adding a codicil.
Please keep this information for when you might need it. If you have any questions
or would like further help and information do not hesitate to contact the Foundation
at the address given above.
What does the Foundation fund?
From its beginning the Foundation has allocated two-thirds of its annual grant funding
to the church's educational work in the Dioceses of Chelmsford and St Albans,
from which the original funding of the college was raised. Diocesan grants
are bid for annually, and are used to help fund teacher advisers, training courses
for headteachers and for clergy working with schools, links with schools overseas,
and resources for teachers. Diocesan grants have also been awarded to help with
the development of RE syllabuses, events for schools, for youth projects, and for
specific projects with parishes.
The remaining one-third of grant funding is allocated to other corporate grants
and grants to individuals.
In recent years about £20,000 has been allocated to Corporate grants to organisations.
The Foundation has for some years supported the Faculty of Early Years Education
run by St Andrew's School in Asuncion, Paraguay. It also makes an annual grant
to the REOnline website. Other grants have been for conferences for RE teachers
in training, conferences on Science and Religion, a teacher recruitment project,
for various research projects in religion and education, and for local schools projects.
In a typical year about £50,000 is expended in Individual grants to 60-70
students, mainly those training to be primary or secondary teachers. Some will be
taking higher degrees or diplomas in education, and a few with particular financial
difficulties may be taking other degrees. About a third of the grants are likely
to be related to the teaching of Religious Education.