The Anglican Development Fund (ADF) has operated in the Diocese of Melbourne since 1967. Its principle purpose is to raise investment funds from parishes and other members of the Anglican community, and then lend them to parishes and other Anglican institutions to finance capital developments within the Diocese.
Through the ongoing support of investors, the ADF is able to fund capital projects without which the Diocese and parishes in particular would be significantly disadvantaged.
These physical assets support the Church’s mission as determined by the various Parish Councils and Diocesan committees. The assets are made available by ADF lending at low rates to a wide range of Anglican bodies.
Effectively the ADF is a vehicle which enables those from our own community who have the funds to invest, to support those who have the need of funding for capital developments which enhance the community and the mission of the Church. Such an arrangement is in the best traditions of the Church and the mutual support and commitment that Christians have made to one another for decades.
The ADF is also involved in supporting parishes raise funds, sometimes for specific projects but also for day to day financing, through its Parish Giving accounts. It provides material support to parishes in stewardship programmes through providing a framework for parishioners to give to their church. This is a fee free service.
All investments in the Anglican Development Fund are guaranteed by the Diocese of Melbourne.
An investment in the ADF is designed for those who wish to support the religious and charitable purposes of the Diocese of Melbourne. Neither the ADF nor its parent, the Melbourne Anglican Trust Corporation are supervised by the Australian Prudential Regulatory Authority. Investments in the ADF are not deposits and do not obtain the benefit of the depositor protection provisions of the Banking Act 1959.