Contributions to Southern Baptist national and international missions and ministries received by the Southern Baptist Convention (SBC) Executive Committee (EC) in October were 17.69 percent above last year’s opening month of the convention’s fiscal year, according to a news release from SBC Executive Committee President and Chief Executive Officer Frank S. Page.
As of Oct. 31, gifts received by the EC for distribution through the Cooperative Program (CP) Allocation Budget totaled $16,019,180.85, or $2,407,746.71 above the $13,611,434.14 received October 2013.
Meanwhile designated giving of $3,403,210.15 during October was 6.21 percent, or $198,976.91, above gifts of $3,204,233.24 received October 2013.
The October 2014 total is 2.25 percent above the $15,666,666.67 monthly allocation budget projection to support Southern Baptist ministries globally and across North America.
Month-to-month swings reflect a number of factors, including the timing of when the state conventions forward the national portion of CP contributions to the EC and the percentage of CP contributions forwarded by to the SBC state conventions after shared ministry expenses are deducted.
(BP)
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