CP continues below monthly, yearly ’08 totals

CP continues below monthly, yearly ’08 totals

NASHVILLE — Year-to-date contributions through the Southern Baptist Convention’s (SBC) Cooperative Program (CP) are 2.74 percent below the same time frame last year and 1.85 percent off budget for 2009, according to a news release from SBC Executive Committee President and Chief Executive Officer Morris H. Chapman.

As of May 31, the year-to-date total of $134,612,737.23 for CP missions is $3,789,056.39 below the $138,401,793.62 received at the end of May 2008.

Monthly CP receipts totaled $18,386,153.68, while designated gifts received the previous month amounted to $19,785,487.42.

Month-to-month swings reflect a number of factors but largely result from 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.