CP giving 3.25 percent ahead of projection

CP giving 3.25 percent ahead of projection

NASHVILLE — Year-to-date contributions to Southern Baptist Convention (SBC) national and international missions and ministries received by the SBC Executive Committee (EC) are 3.25 percent above the year-to-date budgeted projection, and are 4.97 percent above contributions received during the same time frame in 2014, according to a news release from EC 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 2014–15 SBC Cooperative Program (CP) Allocation Budget.
 
As of Jan. 31 gifts received by the EC for distribution through the CP totaled $64,702,035.77, or 103.25 percent of the $62,666,666.67 year-to-date budgeted amount to support SBC ministries globally and across North America. The total is $3,066,250.90 more than the $61,635,784.87 received through the end of January 2014.
 
The convention-adopted budget is distributed 50.41 percent to international missions through the International Mission Board; 22.79 percent to North American missions through the North American Mission Board; 22.16 percent to theological education; 2.99 percent to the SBC operating budget; and 1.65 percent to the Ethics & Religious Liberty Commission. (BP)