The Glebe Administration Board (GAB) performs a number of important financial management functions on behalf of the Diocese. Although a specialised board, the GAB forms a part of the Sydney Anglican Services Group and reports regularly to the members of Sydney Anglican Services.
The GAB advances the purposes of the Anglican Church of Australia in the Diocese of Sydney by managing two investment products: the Long Term Pooling Fund (LTPF) and the Diocesan Cash Investment Fund (DCIF). The GAB also oversees the Diocesan Endowment (DE) which is an investor in these two products.
The GAB recognises it is part of a broader network and is committed to pursuing its objectives in a manner which, as far as possible, facilitates the broader charitable purposes of the Diocese. The LTPF and the DCIF (and the DE on a look-through basis) invests in accordance with the ethical investment policy which must be approved by Synod or Standing Committee.
The investment objective of the LTPF is to achieve a return of 3.5% above inflation (measured by the Australian Consumer Price Index) after investment management fees, tax, and before operational costs, over 10 year periods.
The investment objective of the DCIF is to achieve a return (after costs) of the cash rate set by the Reserve Bank of Australia.
The DE is managed to ensure the preservation of its real value and makes prudent annual distributions to Synod.
Constitution and Current Membership
The GAB is a body corporate incorporated under the Anglican Church of Australia (Bodies Corporate) Act 1938 and constituted under the Glebe Administration Board Ordinance 1930.
The Diocesan Endowment is constituted by the Diocesan Endowment Trust Ordinance 2016 and mainly comprises capital derived originally from the sales of the St Philip’s Glebe, the St James’ Glebe, the St Mark’s Glebe and the St John’s Glebe. (A glebe is the parcel of land surrounding a parish church.)
The Diocesan Cash Investment Fund is constituted by the Diocesan Cash Investment Fund Ordinance 2016.
The Long Term Pooling Fund is constituted by the Long Term Pooling Fund Ordinance 2012.
The Board consists of between six and eight members appointed by the members of Sydney Anglican Services, of which at least one must be a member of the clergy licensed in the Diocese of Sydney.
Current members of the GAB are:
Ms Evelyn Horton (Chair)
Ms Christine Hawkins AM
Mr Jonathan Ng
Mr Tim Unger
Ms Nicola Warwick-Mayo
Ms Raewyn Williams
The Rev Mark Wormell
Meeting Dates
24 February 2026
21 April 2026
26 May 2026
25 August 2026
13 October 2026
24 November 2026
Important GAB documents and policies
Financial Reports & Reports to Synod
Policies & Statements
Use of non-disclosure, non-disparagement, and other confidentiality agreements
We are committed to conducting all of our affairs in a way that’s consistent with Biblical principles, and for the good of all we serve. We are committed to the protection of the vulnerable, the pursuit of truth, justice, repentance from sin, and reconciliation where there are broken relationships. We see a place for appropriate and reasonable uses of confidentiality agreements where they are consistent with our principles, but we are committed never to using confidentiality agreements to hide or cover up sin, misconduct, or conflict. We are committed to preserving the freedom of all people to make formal complaints about the conduct of others. We will not seek to preference our reputation at the expense of truth. We are committed to dealing with misconduct and conflict in the light rather than in the darkness.
Contact
All correspondence for the Glebe Administration Board should be addressed to the Secretary of the Glebe Administration Board:
Secretary, Glebe Administration Board
PO Box Q190
QVB Post Office NSW 1230
Australia
Email: corporatesecretary@sydney.anglican.asn.au
Further information
