NASHVILLE — The Southern Baptist Convention (SBC) ended its fiscal year $9.23 million over its 2015–2016 budgeted goal and $6.57 million over the previous year’s Cooperative Program (CP) Allocation Budget gifts, according to Frank S. Page, president and CEO of the SBC Executive Committee.
SBC received $195,730,508.04 in CP Allocation gifts for the year. This amount is $6,570,276.63, or 3.47 percent, more than it received during the last fiscal year, and is $9,230,508.04, or 4.95 percent, more than its budgeted goal of $186.5 million.
In designated giving, the fiscal year’s total of $204,671,725.92 is 4.95 percent above the previous year’s $195,013,412.58. Of this designated amount, $204,135,367.21 was disbursed to the International Mission Board and the North American Mission Board through the seasonal missions offerings and Global Hunger Relief. Combined designated gifts to SBC causes and CP Allocation Budget gifts showed a 4.22 percent increase over the same time last year.
September gifts through CP totaled $16,569,490.69, while designated gifts were $4,681,908. (BP)
Share with others: