The overall £10 million fundraising target is split into sections:
- £7 million is for the capital developments.
- £3 million is to create an endowment fund.
The investment yield from the endowment will fund the following:
- Ensuring the structural health of the building for future generations: As the Cathedral building ages, restorative and repair work will need to be undertaken on an annual basis.
- Musical Provision: We aim to endow the salary of the Director of Music, and also to provide sixteen choristerships.