The charity raises money from a number of sources. Since 1999, it has been recognised in Wales as the equivalent of the Churches Conservation Trust (which covers churches in England), and as a consequence receives full funding for taking Anglican churches into its care. Of this, 70% comes from the State via Cadw, and 30% from the Church in Wales. In England, grants are sometimes obtained from bodies such as English Heritage, as in the case of St Mary's Church, Mundon, but otherwise funds are raised by donations and local money-raising campaigns. Some of the churches have been supported by the formation of local groups of Friends, such as Caldecote Church Friends, and the Friends of St Andrew's, Wood Walton. Members of the public can make donations, become a member of the charity, or leave a legacy in their wills. In addition the charity administers two trusts, one of which, the Cottam Will Trust, was established by Rev S. E. Cottam for "the advancement of religion of objects of beauty to be placed in ancient Gothic churches either in England or Wales". The charity works closely with the Ancient Monuments Society.