October CP giving 17.27% below last year’s pace

NASHVILLE — Contributions to Southern Baptist national and international missions and ministries received by the SBC Executive Committee in October were 17.27 percent below the same month 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 2011–12 SBC Cooperative Program (CP) Allocation Budget. As of Oct. 31, gifts received by the Executive Committee for distribution through the CP Allocation Budget totaled $14,581,528.92, or $3,043,239.54 behind the $17,624,768.46 received in October 2010.

For the SBC CP Allocation Budget, the October total of $14,581,528.92 is 94.07 percent of the $15,500,000 budgeted to support Southern Baptist ministries globally and across North America. During the last fiscal year (Oct. 1, 2010–Sept. 30, 2011), CP receipts for the year were up 0.06 percent — the first increase since 2007. Combined CP and designated giving for the year, meanwhile, were up 0.17 percent.