March CP giving down 6 percent from last year

NASHVILLE — Contributions through the Southern Baptist Convention’s (SBC) Cooperative Program (CP) for March 2009 totaled $15,332,557.49 — 6.16 percent, or $1,005,940.29, below the $16,338,497.78 received in March 2008, according to a news release from SBC Executive Committee President and Chief Executive Officer Morris H. Chapman. The monthly CP budget requirement is $17,143,069.50.

Year-to-date contributions through the CP are 3.72 percent below the same time frame last year. As of March 31, the year-to-date total of $100,625,646.89 for CP missions is $3,887,846.11 below the $104,513,493.00 received at the end of March 2008.

For the CP Allocation Budget, the year-to-date total of $100,625,646.89 is 97.83 percent of the $102,858,417.00 budgeted to support Southern Baptist ministries globally and across North America. The SBC operates on an Oct. 1–Sept. 30 fiscal year.