NASHVILLE — Cooperative Program gifts for May increased 3.83 percent above that month a year ago, according to Morris H. Chapman, president and chief executive officer of the Southern Baptist Convention’s Executive Committee.
For the first eight months of the fiscal year, receipts totaled $118,479,606 compared to $112,779,048, an increase of 5.05 percent or $5,700,558. May CP gifts totaled $14,309,091 compared to May 1999 of $13,780,657, an increase of $528,434 or 3.83 percent.
For the SBC Cooperative Program Allocation Budget, the year-to-date receipts totaled $118,479,606 compared to the budget need of $106,389,162, an increase of $12,090,444 or 11.36 percent. For May, the monthly budget need of $13,398,645 was surpassed by $1,010,446 or 7.60 percent.
The SBC Cooperative Program total includes receipts from individuals, churches, state conventions and fellowships for distribution according to the 1999-2000 Cooperative Program Allocation Budget.
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