×
CP: 1.92% below previous year’s pace
Baptist Press
June 02, 2011
2 MIN READ TIME

CP: 1.92% below previous year’s pace

CP: 1.92% below previous year’s pace
Baptist Press
June 02, 2011

NASHVILLE, Tenn.

— Year-to-date contributions to Southern Baptist national and international

missions and ministries received by the SBC

Executive Committee are 1.92 percent below the same time frame last year,

according to a news release from SBC

Executive Committee President and Chief Executive Officer Frank Page.

The total includes receipts from state conventions and

fellowships, churches and individuals for distribution according to the 2010-11

SBC Cooperative Program Allocation Budget.

As of May 31, gifts received by the Executive Committee for

distribution through the Cooperative Program Allocation Budget totaled

$130,314,404.44, or $2,545,288.04 behind the $132,859,692.48 received at the

end of May 2010.

Designated giving of $147,289,329.48 for the same

year-to-date period is 6.78 percent, or $10,719,812.29, below gifts of

$158,009,141.77 received at this point last year.

Monthly CP allocation receipts for SBC

work totaled $15,936,344.95 while designated gifts received last month amounted

to $16,315,629.58.

Month-to-month swings reflect a number of factors, including

the timing of receipts from state conventions. The end-of-month total

represents money received by close of business on the last business day of each

month.

For the SBC Cooperative

Program Allocation Budget, the year-to-date total of $130,314,404.44 is 97.82

percent of the $133,214,726.79 budgeted to support Southern Baptist ministries

globally and across North America. The SBC

operates on an Oct. 1-Sept. 30 fiscal year.

The Cooperative Program is Southern Baptists method of

supporting missions and ministry efforts of state conventions and the Southern

Baptist Convention.

Designated contributions include the Lottie Moon Christmas

Offering for International Missions, the Annie Armstrong Easter Offering for

North American Missions, Southern Baptist World Hunger Fund and other special

gifts.

State and regional conventions retain a portion of church

contributions to the Southern Baptist Convention Cooperative Program to support

work in their respective areas and forward a percentage to Southern Baptist

national and international causes. The percentage of distribution is at the

discretion of each state or regional convention.

Related story

Planter: Cooperative Program is ‘crucial