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CP slightly under budgeted goal for year

October 8, 2013 By The Pathway

NASHVILLE (BP) – Year-to-date contributions to Southern Baptist national and international missions and ministries received by the Southern Baptist Convention (SBC) Executive Committee are $401,802.65, or 0.26 percent, below the year-to-date budgeted goal, and are 2.78 percent below contributions received during the same time frame last year, according to a news release from SBC Executive Committee President and Chief Executive Officer Frank S. Page.

The year-to-date total represents money received by the Executive Committee by the close of the last business day of July and includes receipts from state conventions, churches and individuals for distribution according to the 2012-13 SBC Cooperative Program Allocation Budget.

As of July 31, gifts received by the Executive Committee for distribution through the Cooperative Program Allocation Budget totaled $156,264,864.05, or 99.74 percent, of the $156,666,666.70 year-to-date budgeted amount to support Southern Baptist ministries globally and across North America. The total is $4,473,927.80 less than the $160,738,791.82 received through the end of July 2012.

Designated giving of $184,067,622.76 for the same year-to-date period is 1.45 percent, or $2,626,549.49, ahead of the $181,441,073.27 received at this point last year. This total includes only those gifts received and distributed by the Executive Committee and does not reflect designated gifts contributed directly to SBC entities.

July’s CP allocation receipts for SBC work totaled $14,189,710.99. Designated gifts received last month amounted to $7,358,872.69.

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