Year-to-date contributions through the Southern Baptist Convention’s (SBC) Cooperative Program (CP) are 1.21 percent below the same time frame last year, according to a news release from SBC Executive Committee President and Chief Executive Officer Morris H. Chapman.
As of March 31, the year-to-date total of $99,404,879.36 for CP missions is $1,220,767.53 behind the $100,625,646.89 received at the end of March 2009.
Designated giving of $119,693,011.67 for the same year-to-date period is 3.12 percent, or $3,623,288.66, ahead of gifts of $116,069,723.01 received at this point last year.
Monthly CP receipts totaled $15,508,692.03 while designated gifts received last month amounted to $28,617,789.79.
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.
For the SBC CP Allocation Budget, the year-to-date total of $99,404,879.36 is 97.27 percent of the $102,192,796.32 budgeted to support Southern Baptist ministries globally and across North America.
The SBC operates on an Oct. 1-Sept. 30 fiscal year.
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.
The CP is Southern Baptists’ method of supporting missions and ministry efforts of state conventions and the SBC.
The total includes receipts from individuals, churches, state conventions and fellowships for distribution according to the 2009–10 CP Allocation Budget.
Designated contributions include the Lottie Moon Christmas Offering for International Missions, the Annie Armstrong Easter Offering for North American Missions, Southern Baptist World Hunger Fund and other special gifts.
State and regional conventions retain a portion of church contributions to the SBC’s CP to support work in their respective areas and forward a percentage to Southern Baptist national and international causes.
The percentage of distribution is at the discretion of each state or regional convention. (BP)
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