CP giving 1.37% ahead of '10 pace

Baptist Press
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Posted: Jan 04, 2011 6:30 PM
CP giving 1.37% ahead of '10 pace
NASHVILLE, Tenn. (BP)--Contributions through the Southern Baptist Convention's Cooperative Program are 1.37 percent ahead of the same time frame at the outset of 2010, according to a news release from SBC Executive Committee President and Chief Executive Officer Frank Page.

As of Dec. 31, the $47,603,914.90 received for Cooperative Program (CP) missions is $645,459.28 ahead of the $46,958,455.62 received at the same point a year earlier. The SBC operates on an Oct. 1-Sept. 30 fiscal year. For the month, CP receipts of $15,612,660.99 were 13.85 percent, or $1,898,709.50, ahead of the $13,713,951.49 received in December 2009.

Designated giving of $12,067,581.06 for the same year-to-date period is 8.81 percent, or $1,165,567.25, below gifts of $13,233,148.31 received at this point last year. The $4,306,987.05 in designated gifts received last month is $79,376.81 below the $4,386,363.86 received in December 2009, a decrease of 1.81 percent.

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 Cooperative Program Allocation Budget, the year-to-date total of $47,603,914.90 is 95.29 percent of the $49,955,522.54 budgeted to support Southern Baptist ministries globally and across North America.

The Cooperative Program is Southern Baptists' method of supporting missions and ministry efforts of state and regional conventions and the Southern Baptist Convention.

The Cooperative Program total includes receipts from individuals, churches, state conventions and fellowships for distribution according to the 2010-11 Cooperative Program Allocation Budget.

Designated contributions include the Lottie Moon Christmas Offering for International Missions, the Annie Armstrong Easter Offering for North American Missions, Southern Baptist World Hunger Fund and other special gifts.

State and regional conventions retain a portion of church contributions to the Southern Baptist Convention Cooperative Program to support work in their respective areas and forward a percentage to Southern Baptist national and international causes. The percentage of distribution is at the discretion of each state or regional convention.

Compiled by Baptist Press staff.

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