{"id":45200,"date":"2023-03-16T19:48:56","date_gmt":"2023-03-17T00:48:56","guid":{"rendered":"https:\/\/mbcpathway.com\/?p=45200"},"modified":"2023-03-15T08:55:08","modified_gmt":"2023-03-15T13:55:08","slug":"mbc-executive-board-sets-2024-cp-missions-offering-goals","status":"publish","type":"post","link":"https:\/\/mbcpathway.com\/2023\/03\/16\/mbc-executive-board-sets-2024-cp-missions-offering-goals\/","title":{"rendered":"MBC executive board sets 2024 CP, missions offering goals"},"content":{"rendered":"<p><em><strong>EDITOR&#8217;S NOTE:<\/strong> Read more news from the latest Missouri Baptist Convention executive board meeting here: <\/em>&#8220;<a href=\"https:\/\/mbcpathway.com\/2023\/03\/08\/yeats-asks-mbc-executive-board-to-begin-search-for-new-executive-director\/\" target=\"_blank\" rel=\"noopener\">Yeats asks MBC executive board to begin search for new executive director<\/a>.&#8221;<\/p>\n<p class=\"p1\"><span class=\"s1\"><b>JEFFERSON CITY \u2013 <\/b>During their meeting here, March 6-7, the Missouri Baptist Convention\u2019s (MBC) executive board recommended 2024 goals for the Cooperative Program and other statewide offerings.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The board set the 2024 CP goal at $15 million, while setting statewide offering goals as follows: $760,000 for the Missouri Missions Offering (MMO); $4 million for the Lottie Moon Christmas Offering; $2.2 million for the Annie Armstrong Easter Offering; and $150,000 for the World Hunger Funds.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The MBC\u2019s 2024 allocation goals are based on a $15 million CP budget. This CP budget sets aside 5.25 percent of the total CP giving for \u201cshared administration costs,\u201d which funds annuity protections, CP promotion and <i>The Pathway<\/i>. From the remaining CP budget, 34.91 percent is allocated for Missouri Baptist missions and ministries.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Additionally, 21.94 percent of the total CP budget is allocated for Missouri Baptist entities, including the Missouri Baptist Children\u2019s Home, Baptist Homes &amp; Healthcare Ministries, the Missouri Baptist Foundation, Hannibal-LaGrange University, Missouri Baptist University and Southwest Baptist University.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The remaining 37.90 percent is allocated for Southern Baptist Convention missions and ministries. Any CP receipts above the budgetary goal will be split evenly between MBC and SBC ministries.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The MBC\u2019s executive board also amended the 2023 allocation goals, as follows: 5.75 percent for \u201cshared administrative costs\u201d [previously, the goal had been set at 5 percent]; 34.72 percent for MBC missions and ministries [previously, 35 percent]; 21.83 percent for Missouri Baptist entities [previously, 22 percent]; and 37.70 percent for SBC missions and ministries [previously, 38 percent]. The adjustment allows for further CP promotion, leading up to the CP\u2019s 100th anniversary in 2025. Executive board members expressed hope that further CP promotion will ultimately benefit all of the ministries and mission efforts of Missouri Southern Baptists.<\/span><\/p>\n<h2 class=\"p2\"><span class=\"s1\">Other business<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">In other business, the MBC executive board:<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u2022 recommended the 2024 distribution plan for MMO funds received in 2023;<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u2022 approved exhibitors for the 2023 MBC annual meeting;<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u2022 recommended the distribution of the MBC\u2019s underspend, including $100,000 for general reserves and the remainder for \u201cblessing checks\u201d to be given in May to all full-time MBC employees;<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u2022 authorized the MBC executive director to handle real estate sales, in consultation with the executive board\u2019s properties committee chair and business services committee chair;<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u2022 authorized the executive board chairman, the executive director, or a designated representative to manage legal expenditures, in consultation with the MBC board\u2019s business services committee;<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u2022 released funds that had been restricted for a BSU construction project in Springfield and placing those funds, instead, in the MBC\u2019s general reserves.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During their meeting here, March 6-7, the Missouri Baptist Convention\u2019s (MBC) executive board recommended 2024 goals for the Cooperative Program and other statewide offerings.<\/p>\n","protected":false},"author":19,"featured_media":43816,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_selected_social_profile":[]},"categories":[36,41,47,48,17,21],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MBC executive board sets 2024 CP, missions offering 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