October contributions of $16,861,354.15 through the Southern Baptist Convention’s (SBC) Cooperative Program (CP) were 5.25 percent below CP gifts received in October 2008, according to a news release from SBC Executive Committee President and Chief Executive Officer Morris H. Chapman.
As of Oct. 31, CP gifts were $933,899.11 below the $17,795,253.26 received in October 2008.
For the SBC CP Allocation Budget, the October total of $16,861,354.15 is 99 percent of the $17,032,132.72 budgeted to support Southern Baptist ministries globally and across North America.
During the last fiscal year (Oct. 1, 2008–Sept. 30, 2009), CP receipts for the year declined 2.23 percent, and combined CP and designated giving for the year declined 3.65 percent. (BP)
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