Diocesan Development Fund
The Diocesan Development Fund (DDF) was established by the Armidale Diocese in 1992. In September 2014, the Synod passed an Ordinance with a view to re-invigorating the DDF and providing for it to be managed by a Board which reports to Diocesan Council and, in turn, Synod.
The Diocesan Development Fund Ordinance specifies the arrangements under which the DDF is to operate, including details of the guarantee which is provided to the Fund by the Diocese of Armidale.
Nominated Interest Distribution 2023-2024
MONTHLY SAVER ACCOUNTS AND COMMUNITY SAVER ACCOUNTS
Anglican Diocese of Armidale $5,429.79
Armidale Hospital Chaplaincy $416.31
Bishops’ Sustaining Ministry Fund $5,472.26
Indigenous Ministry Fund $377.47
North Kigezi Diocese $1,541.49
Tamworth Hospital Chaplaincy $273.63
Armidale Cathedral Parish $4,408.79
Baradine Special District $828.20
Barraba Parish $119.08
Bingara Special District $424.67
Boggabilla Inc North Star Special District $648.96
Boggabri Parish $4,376.09
Bundarra Parish $438.91
Cockburn Valley Parish $325.96
Emmaville-Deepwater Special District $377.24
Glen Innes Parish $603.71
Gunnedah Parish $277.63
Guyra Anglican Parish $686.51
Inverell Parish $3,113.38
Lightning Ridge Parish $474.09
Manilla Parish $1,120.16
Moree Parish $327.87
Narrabri Parish $1,926.92
North Tamworth Parish $598.85
Oxley Vale Parish $348.46
South Tamworth Parish $1,053.37
Tambar Springs Special District $667.61
Tamworth Anglican Parish $990.59
Tenterfield Parish $784.70
Tingha Special District $263.83
UNE St Mark’s Chapel $46.26
Uralla Parish $227.50
Walcha Parish $760.49
Walgett/Collarenebri – Barwon District Anglican Churches $583.28
Warialda Anglican Parish $129.81
Wee Waa Parish $1,402.25
West Tamworth Parish $11,771.95
Total Distributed $53,618.07
Our Mission
The primary objective of the DDF is to support the mission of the Diocese by encouraging investors to lodge funds with the DDF and for the Fund to then use those funds to provide loans for projects within the Diocese and to clergy and other Diocesan employees. The DDF makes grants to the Diocese out of the income it earns.
Our Community Saver Account
This account is available to the parishes and other entities of the Anglican Diocese of Armidale, as well as the people associated with the governance and running of them. The current interest rate is 4.75%p.a. with a bonus 0.50%p.a. going to the investor’s nominated diocesan ministry. Community Saver Brochure and Application Form.
Our Monthly Saver Account
This account is available to any person who is over 18, who has primarily and usually attended services at a parish of the Anglican Diocese of Armidale for at least three months, and who is not a member of another Christian denomination. The current interest rate is 4.75%p.a. with a bonus 0.50%p.a. going to the investor’s nominated diocesan ministry.
Monthly Saver Brochure and Application Form.
Monthly Saver Flyer.
Where Can I Donate my ‘bonus’ interest to?
Our Board
Mr. James Kahl – Chair
The Rev. Christopher Pears – Executive Officer
Mrs. Kylie Alcorn – Board member
Mr. Hugh Castleden – Board member
Mr. Paul Harvey – Board member
Mr. Bryan Coleman – Board member
Our Contact Details
The Diocesan Development Fund operates from the Diocesan Registry Office.
Street Address
Cnr Rusden St & Faulkner St, Armidale
Postal Address
P.O. Box 198
Armidale NSW 2350
Australia
Phone: (02) 6772 4491
Email: ddfaccounts@armidaleanglicandiocese.com
The Administrative Officer, Mrs. Samantha Brennan, works part-time, and is best contacted on Tuesdays and Wednesdays.
Our Ordinance
Our Identification Statements
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 22 November 2023
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 16 June 2023
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 12 May 2023
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 2 March 2023
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 24 November 2022
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 17 August 2022 and effective from 19 August 2022.
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 21 June 2022 and effective from 1 July 2022.
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 13 December 2021.
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 11 December 2020.
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 26 May 2020 and effective from 1 June 2020.
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 1 April 2020.
Copies of the Fund’s Identification Statement approved by the Australian Securities and Investments Commission – 8 November 2019.
Copies of the Fund’s Identification Statement lodged with the Australian Securities and Investments Commission – 6 August 2019.
Our Terms and Conditions
Investment Products Terms and Conditions. (174 KB)
Community Saver Accounts Terms and Conditions Supplement. (164 KB)
Monthly Saver Terms and Conditions Supplement. (168 KB)
Term Investment Terms and Conditions Supplement. (1160 KB)
Investor Acknowledgement. (434 KB)
Target Market Determination – Clergy Home Loan (247KB)
Target Market Determination – Clergy Car Personal Loan (247KB)
