CP dollars exceed goal two months in a row

NASHVILLE — Year-to-date contributions to Southern Baptist national and international missions and ministries received by the Southern Baptist Convention (SBC) Executive Committee are 5.02 percent above the year-to-date budgeted goal and are less than 1 percent (0.82 percent) behind contributions received during the same time frame last year, according to a news release from SBC Executive Committee President and Chief Executive Officer Frank S. Page. The total includes receipts from state conventions and fellowships, churches and individuals for distribution according to the 2011–12 SBC Cooperative Program (CP) Allocation Budget.

As of Jan. 31, gifts received by the Executive Committee for distribution through the CP Allocation Budget totaled $65,113,287.64, or 105.02 percent of the $62,000,000 year-to-date amount budgeted to support Southern Baptist ministries globally and across North America. The total is $539,172.53 less than the $65,652,460.17 received through the end of January 2011.

January’s CP allocation receipts for SBC work totaled $20,844,083.87. This is the second successive month that contributions exceeded monthly budget projections. During the last fiscal year (Oct. 1, 2010–Sept. 30, 2011), CP receipts for the year were up 0.06 percent — the first increase since 2007.  (TAB)