Year-to-date contributions through the Southern Baptist Convention’s (SBC) Cooperative Program (CP) are 3.08 percent below the same time frame last year, according to a news release from SBC Executive Committee President and Chief Executive Officer Morris H. Chapman.
As of July 31, the year-to-date total of $161,740,215.32 for CP missions is $5,143,271.88 behind the $166,883,487.20 received at the end of July 2009.
Designated giving of $181,934,780.05 for the same year-to-date period is 0.34 percent, or $624,219.93, behind gifts of $182,558,999.98 received at this point last year.
Monthly CP receipts totaled $16,219,794.91 while designated gifts received in July amounted to $8,962,365.75.
Month-to-month swings reflect a number of factors, but largely result from 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 $161,740,215.32 is 94.96 percent of the $170,321,327.19 budgeted to support Southern Baptist ministries globally and across North America. The SBC operates on an Oct.
1–Sept. 30 fiscal year. (BP)
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