NASHVILLE — The Southern Baptist Convention (SBC) finished its Oct. 1–Sept. 30 fiscal year 6.18 percent below budget, while Cooperative Program (CP) receipts for the year were down 4.03 percent and combined CP and designated giving for the year was down 2.52 percent, according to a news release from SBC Executive Committee President and Chief Executive Officer Frank S. Page.
A total of $191,763,152.87 in CP gifts was received by the SBC during the fiscal year from Oct. 1, 2009, through Sept. 30, 2010 — down by $8,058,937.31 (4.03 percent) from the previous fiscal year’s $199,822,090.18. (During the 2008–09 fiscal year, CP gifts were 2.23 percent, or $4,563,502.45, below the 2007–08 fiscal year.) During the 2009–10 fiscal year, an additional $191,324,526.08 in designated gifts brought the fiscal year’s overall giving for national and international missions and ministry to spread the gospel to $383,087,678.95, or 2.52 percent below the previous year’s $392,998,040.82 combined figure.
For the month of September, CP receipts totaled $13,544,738.87. Designated year-end giving of $191,324,526.08 was $1,851,424.56, or 0.96 percent, below gifts of $193,175,950.64 for the previous fiscal year. A total of $4,016,137.08 in designated gifts was received in September. For the SBC CP Allocation Budget, the year-end total of $191,763,152.87 was $12,622,439.76 (or 6.18 percent) below the $204,385,592.63 budgeted to support Southern Baptist ministries globally and across North America.
The CP is Southern Baptists’ method of supporting missions and ministry efforts of state conventions and the SBC.
Share with others: