Six months into the 2022 fiscal year, giving through the Cooperative Program (CP) totaled more than $105.9 million, almost $11 million above the mid-year budget of $95 million.
“The sustained faithfulness of giving through the Cooperative Program is a testimony to the generosity of our Southern Baptist churches,” said Willie McLaurin, Southern Baptist Convention (SBC) Executive Committee (EC) interim president, in a statement. “The Cooperative Program reaches the nations and the neighborhoods with the good news. I am incredibly thankful for local pastors who lead their congregations to forward financial resources to reach their local, national and international mission field. In the first six months of the fiscal year, we have witnessed the faithfulness of God time and time again.”
The amount given through the CP in March 2022 totaled $16,035,496.31, which was $262,110.13 (1.66%) more than the $15,773,386.18 received in March 2021 and $202,162.97 (1.28%) more than the monthly budgeted amount of $15,833,333.34.
Designated gifts received in March amounted to $29,398,583.09. This total was $1,041,127.04, or 3.67%, more than gifts of $28,357,456.05 received last March. Also, this year’s designated gifts through the first six months of the fiscal year amount to $123,990,059.74, which is $10,532,194.66 or 9.28% more than the $113,457,865.08 given through same period in the previous fiscal year.
The CP is the financial fuel to fund the SBC mission and vision of reaching every person for Jesus Christ in every town, every city, every state and every nation. Begun in 1925, local churches contribute to the ministries of their state convention and the missions and ministries of the SBC through a unified giving plan to support both sets of ministries. Monies include receipts from individuals, churches and state conventions for distribution according to the 2021-22 CP Allocation Budget.
State and regional conventions retain a portion of church contributions to Southern Baptists’ CP to support work in their respective areas and forward a percentage to SBC national and international causes. The percentage of distribution is at the discretion of each state or regional convention.
The convention-adopted budget for 2021-22 is $190 million and includes an initial $200,000 special priority allocation for the SBC Vision 2025 initiative. CP funds are then disbursed as follows: 50.41% to international missions through the International Mission Board, 22.79% to North American missions through the North American Mission Board, 22.16% to theological education through the six SBC seminaries and the Southern Baptist Historical Library and Archives, 2.99% to the SBC operating budget and 1.65% to the Ethics & Religious Liberty Commission. If national CP gifts exceed the $186.875 million budget projection at the end of the fiscal year, 10% of the overage is to be used to support the SBC Vision 2025 initiative with the balance of the overage distributed according to the percentages approved for budgetary distribution. The SBC EC distributes all CP and designated gifts it receives on a weekly basis to the SBC ministry entities.
Month-to-month swings reflect a number of factors, including the timing of when the cooperating state Baptist conventions forward the national portion of CP contributions to the EC, the day of the month churches forward their CP contributions to their state conventions, the number of Sundays in a given month, and the percentage of CP contributions forwarded to the SBC by the state conventions after shared ministry expenses are deducted.
Designated contributions include the Lottie Moon Christmas Offering for International Missions, the Annie Armstrong Easter Offering for North American Missions, Southern Baptist Global Hunger Relief, Disaster Relief and other special gifts. This total includes only those gifts received and distributed by the EC and does not reflect designated gifts contributed directly to SBC entities.
CP allocation budget gifts received by the EC are reported monthly to the executives of the entities of the convention, to the state convention offices, to the state Baptist papers and are posted online at sbc.net/cp.
(EDITOR’S NOTE – Jonathan Howe is vice president for communications at the SBC Executive Committee.)
