The Southern Baptist Convention (SBC) finished its Oct. 1–Sept. 30 fiscal year 1.89 percent ahead of budget, but Cooperative Program (CP) receipts for the year were down .65 percent and combined giving for the year was down .87 percent.
The last time gifts through the CP dropped was in 2000–2001, according to convention records.
A total of $204,385,592.63 was received by the SBC during the fiscal year from Oct. 1, 2007, through Sept. 30, 2008.
An additional $203,016,164.07 in designated gifts, brought the fiscal year’s overall giving to $407,401,756.70, .81 percent below the previous year’s designated gifts.
Designated year-end giving of $203,016,164.07 was $1,980,336.77 behind gifts of $204,996,500.84 for the previous fiscal year. The $4,282,901.27 in designated gifts received in September was $679,764.88 below the $4,962,666.15 received in September 2007, a difference of 13.7 percent.
For the SBC CP Allocation Budget, the year-end total of $204,385,591.63 was $3,784,056.34 above the $200,601,536.29 budgeted to support Southern Baptist ministries globally and across North America. (BP)
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