CP giving 1.45 percent below year-to-date goal comment (0)
April 17, 2014
NASHVILLE — Year-to-date contributions to Southern Baptist national and international missions and ministries received by the Southern Baptist Convention (SBC) Executive Committee are 1.45 percent below the year-to-date SBC Cooperative Program (CP) Allocation Budget goal. They are 1.04 percent below contributions received during the same time frame last year, according to a news release from SBC Executive Committee President and Chief Executive Officer Frank S. Page.
The year-to-date total represents money received by the Executive Committee by the close of the last business day of March and includes receipts from state conventions, churches and individuals for distribution according to the 2013–14 SBC CP Allocation Budget.
The $94,359,024.45 received by the Executive Committee for the first six months of the fiscal year, Oct. 1 through March 31, for distribution through the CP Allocation Budget represents 98.55 percent of the $95,750,000 year-to-date budgeted amount to support Southern Baptist ministries globally and across North America. The total is $993,030.41, or 1.04 percent, less than the $95,352,054.86 received through the end of March 2013.
Designated giving of $118,704,971.09 for the same year-to-date period is 0.18 percent, or $209,246.52, below the $118,914,217.61 received at this point in 2013. This total includes only those gifts received and distributed by the Executive Committee and does not reflect designated gifts contributed directly to SBC entities.
March’s CP allocation receipts for SBC work totaled $14,632,338.67. Designated gifts received in March amounted to $26,514,011.83.