CP contributions at 2.31 percent less than current goal comment (0)
May 22, 2014
NASHVILLE — Year-to-date contributions to Southern Baptist national and international missions and ministries received by the Southern Baptist Convention (SBC) Executive Committee (EC) exceeded $109 million through month seven of the SBC’s fiscal year, according to a news release from SBC EC President and Chief Executive Officer Frank S. Page.
The $109,130,246.98 received by the EC for the first seven months of the fiscal year, Oct. 1 through April 30, for distribution through the Cooperative Program (CP) Allocation Budget represents 97.69 percent of the $111,708,333.33 year-to-date budgeted amount to support Southern Baptist ministries globally and across North America.
The total is $633,701.27 or 0.58 percent less than the $109,763,948.25 received through the end of April 2013 and is 2.31 percent less than the CP goal for the current year.
Designated giving of $130,745,155.58 for the same year-to-date period is 1.73 percent, or $2,299,337.68, below the $133,044,493.26 received at this point in 2013. This total includes only those gifts received and distributed by the EC and does not reflect designated gifts contributed directly to SBC entities.
April’s CP allocation receipts for SBC work totaled $14,771,222.53. Designated gifts amounted to $12,040,184.49. The SBC allocation budget goal for 2013–2014 is $191,500,000.