CP giving recovers, ahead of pace
    February 3 2009 by Baptist Press

    NASHVILLE, Tenn. — Year-to-date contributions through the Southern Baptist Convention's (SBC) Cooperative Program are 0.81 percent ahead of the same time frame last year, according to a news release from SBC Executive Committee President and Chief Executive Officer Morris H. Chapman.

    As of Jan. 31, the year-to-date total of $68.2 million for Cooperative Program (CP) missions is more than $550,000 ahead of the $67.7 million received at the end of January 2008.

    For the month, receipts of $21 million were 16.83 percent, or $3 million, ahead of the nearly $18 million received in January 2008.

    Designated giving of $37.9 million for the same year-to-date period is 2.95 percent, or $1.2 million, below gifts of $39 million received at this point last year. The $26.9 million in designated gifts received last month is more than $691,000 below the $27.6 million received in January 2008, a decrease of 2.51 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 $68.2 million is 99.53 percent of the $68.6 million budgeted to support Southern Baptist ministries globally and across North America. The SBC operates on an Oct. 1-Sept. 30 fiscal year.

    During the last fiscal year, Southern Baptists topped the $200-million mark for the third year in a row and overall giving to national causes surpassed the $400-million benchmark for a second straight year.

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

    2/3/2009 5:10:00 AM by Baptist Press | with 0 comments

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