NASHVILLE — Year-to-date contributions to Southern Baptist national and international missions and ministries received by the Southern Baptist Convention (SBC) Executive Committee are 2.1 percent below the same time frame last year, according to a news release from SBC Executive Committee President and Chief Executive Officer Frank Page. The total includes receipts from state conventions and fellowships, churches and individuals for distribution according to the 2010–11 SBC Cooperative Program (CP) Allocation Budget. As of Aug. 31, gifts received by the Executive Committee for distribution through the CP Allocation Budget totaled $174,475,554.89, or $3,742,859.11 behind the $178,218,414.00 received at the end of August 2010.
Monthly CP allocation receipts for SBC work totaled $14,377,245.81 while designated gifts received last month amounted to $5,875,925.30.
Month-to-month swings reflect a number of factors, including 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 $174,475,554.89 is 95.25 percent of the $183,170,249.33 budgeted to support Southern Baptist ministries globally and across North America. The SBC operates on an Oct. 1–Sept. 30 fiscal year.
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