Episcopal Diocese of Washington

To draw people to Jesus and embody his love
for the world by equipping faith communities,
promoting spiritual growth, and striving for justice

Finance and Budget

Diocesan staff took decisive action to ease the financial impact on normal operations. 

  • We cut discretionary spending, renegotiating contracts and suspending expenditures in a broad cross section of budget areas from ministry development and deployment to governance and administration.
  • With approval from Diocesan Council, we created a parish assistance program with $250,000 to provide parishes with financial support during the pandemic
  • We redirected funds to congregational support
  • We redirected the Bishop’s Appeal to establish the COVID-19 Emergency Relief Fund, distributing $120,000 to over 300 individuals and families and 6 food banks/feeding programs  
  • We worked with parishes to update annual giving commitments to the diocese
  • We guided parishes through Paycheck Protection Program (PPP) loan application process


Finance Committee

Over the summer, the Finance Committee began drafting various budget scenarios for 2021 so that Diocesan Council and the Convention of the Diocese of Washington could make informed decisions about next year’s spending priorities in light of the ongoing economic uncertainty caused by COVID-19.


Financial Resources Committee

Established in January 2019, the Financial Resources Committee (FRC) is the newest permanent diocesan committee. Individual and parish finances can be a source of much uncertainty and stress in congregational life, and the FRC is pleased to have offered a number of helpful resources this year: 

  • Understanding that congregations would need a different approach to annual giving campaigns this year, the FRC prepared materials for its annual giving campaign toolkit with the needs of an online campaign in mind. Inspired by the preaching and writing of Presiding Bishop Michael Curry, the committee chose Doing What Love Requires as the theme this year. 

    • At least 15 of our parishes used the theme and materials (we’re aware of at least 10 parishes from other dioceses and denominations who also used the theme and/or materials!).
    • The resources of the toolkit have been accessed by over 1,000 users since it was published in June.
  • The FRC conducted 10 webinars on a wide-variety of topics including finances for young adults, parish-based planned giving, financial resources for individuals and families, and best practices for virtual stewardship campaigns.
  • FRC offered individual consultations and annual giving campaign support to more than 10 congregations across the diocese.


Grants received

The diocese was graced by a number of important grants in 2020.

  • $6,000 Becoming Beloved Community Rapid Response grant to provide “Seeing the Face of God” anti-racism training in an online format in both Spanish and English.
  • $25,000 United Thank Offering grant to support Charlie’s Place operations.
  • $1m Lilly Endowment Inc. grant to help establish a thriving congregations initiative called Tending Our Soil: Thriving in Our Time and Place.


Impact of pandemic on diocesan 2020 budget | Implications of pandemic on 2021 budget

  • Because of the pandemic, congregational giving to the Diocese is anticipated to drop to $2 million for the year, down from $2.6 million in the original 2020 budget approved at Diocesan Convention.
  • The Diocese received a $408,000 "forgivable" loan from the U.S. Government Paycheck Protection Program, greatly helping to limit the projected deficit caused by the loss of giving revenue.
  • Cost reductions of $200,000 were also implemented to cover the remaining shortfall.
  • For 2021, Congregational Giving is at $2 million, the same level the Diocese anticipates to receive this year.
  • Additional cost savings, beyond those adopted in 2020, have been implemented.
  • Total projected revenue for 2021 still falls short of anticipated expenses by $160,000.  
  • To bridge this gap, the Diocese will draw on accumulated Diocesan assets as an investment in the strategic plan and preserving the human capital of the Diocese.