BSC income finishes year up, down
January 10 2003 by Tony W. Cartledge , BR Editor

BSC income finishes year up, down | Friday, Jan. 10, 2003

Friday, Jan. 10, 2003

BSC income finishes year up, down

By Tony W. Cartledge BR Editor

The Baptist State Convention (BSC) finished on an up note to a down year with a December surge in Cooperative Missions receipts, according to Robert Simons, BSC comptroller.

Total Cooperative Mission gifts for the year were $35.57 million, up .63 percent over the $35.34 million received in 2001, but $1.56 million, or 4.2 percent, below 2002s $37.13 million budget goals.

Three of the four giving plans showed increases during the year, while Plan A, the source of about two-thirds of the BSC's income, was down. Plan A giving, which designates 68 percent for the BSC and 32 percent to the Southern Baptist Convention (SBC), dropped from $24.78 million to $23.89 million, or 3.57 percent. Plan B, which sends 10 percent to the SBC and substitutes a variety of N.C. mission and ministry projects for the balance, was up from $3.35 million to $3.45 million. Giving Plan C, identical to Plan B except that it sends 10 percent to the Cooperative Baptist Fellowship (CBF) instead of the SBC, was up 10.78 percent, from $2.59 million to $2.86 million.

The largest increase was in Plan D, which sends 32 percent to the SBC and reduces the BSC allotment from 68 percent to 50 percent, designating the 18 percent difference to special N.C. mission and ministry projects. Plan D giving was up 15.72 percent from the year, from $4.64 million to $5.36 million.

BSC Executive Director/treasurer Jim Royston said: "We celebrate the fact that giving is up during tough economic times, and that there was the traditional year-end giving surge."

Royston said he is hopeful the economy will improve, for the sake of families and churches as well as for faster growth in convention giving.

Despite a small budget increase for 2003 approved at the November convention - to $37.55 million - Royston said BSC staff have been instructed to plan spending for 2003 on the basis of the actual amount received in 2002.

Recognizing that many churches are facing financial challenges, Royston said he is excited about the new materials BSC has prepared to assist churches in building a stronger financial base. One emphasis, called "Seek first the kingdom: developing giver's hearts," will debut during the first quarter. According to John Roberson, team leader for the BSC's resource and development group, the emphasis offers "a multi-phase process for developing growing financial disciples."

The convention also offers churches a consultant-led process called "Road maps to financial discipleship," which is available now (contact Dan Euliss at, [800] 395-5102 or [919] 467-5100, ext. 121.

In designated giving for 2002, the N.C. Missions Offering was up 3.64 percent to a record $2.48 million, though still about 5 percent short of its goal.

Pass-through contributions to N.C. WMU were up 40.74 percent to $16,837, and designated funds for theological education in North Carolina were up 46.84 percent, to $7,007. Designations to CBF-NC were up by more than 200 percent, to $49,206, while gifts to the Christian Action League dipped 1.8 percent, to $10,761.

Most mission giving was down for the year. Gifts for the Lottie Moon Christmas Offering for international missions were down 3.49 percent, from $12.28 million to $11.85 million, and the Annie Armstrong Easter Offering for North American missions was off slightly, from $5.68 million to $5.6 million. Gifts to CBF's Global Missions Offering dropped 17.67 percent, from $278,619 to $229,364.

World Hunger contributions dipped from $867,659 to $842,179, or 2.93 percent.

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1/10/2003 12:00:00 AM by Tony W. Cartledge , BR Editor | with 0 comments
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