ATLANTA—The Cooperative Baptist Fellowship took in more than $6 million in designated gifts last year, pushing total receipts to $21.3 million, according to information released by the organization’s Atlanta offices.
Bolstered by an anonymous $4 million gift for global missions and $300,000 for relief ministries following last year’s terrorist attacks, designated gifts outpaced a $1.5 million goal anticipated in the CBF’s 2001-2002 budget.
Undesignated gifts totaled more than $8.9 million during the fiscal year ending June 30. That is an increase of 2.6 percent from the previous year, but $768,302 (8 percent) under budget.
CBF financial coordinator Jim Strawn said expenditures also came in under budget, however, making the shortfall a wash. CBF “partner” organizations, which receive a portion of their funding through CBF, were funded at 97 percent of budgeted amounts.
The CBF’s global missions offering took in $5.3 million, $180,000 less than last year and 11 percent short of an announced goal of $6 million. The number of contributing churches fell by 61, from 1,776 to 1,715.
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