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5.6% gain posted in July in CP gifts over July 2001

NASHVILLE, Tenn. (BP)–Gifts to the Southern Baptist Convention’s Cooperative Program in July were 5.60 percent above gifts for July 2001, according to a news release from SBC Executive Committee President and Chief Executive Officer Morris H. Chapman.

Year-to-date support for CP Missions is 4.07 percent ahead of totals at this same point last year.

July’s $13,508,566.54 in CP gifts to support Southern Baptist ministries globally and across North America compared to $12,792,018.34 in July 2001, a difference of $716,548.20.

Designated gifts of $5,392,613.50 in July, meanwhile, were 29.68 percent below July 2001’s $7,668,529.83, a decrease of $2,275,916.33.

In year-to-date CP giving, $151,958,332.85 has been received, compared with $146,014,641.04 in 2000-01, an increase of 4.07 percent or $5,943,691.81.

In year-to-date designated giving, $163,006,264.07 has been received, compared with $161,076,127.85, an increase of 1.20 percent or $1,930,136.22.

The SBC operates on an Oct. 1-Sept. 30 fiscal year.

For the SBC Cooperative Program Allocation Budget, the July receipts of $13,508,566.54 were 90.92 percent of the budgeted $14,858,239.92, or $1,349,673.38 below the budget goal.

The SBC Cooperative Program total includes receipts from individuals, churches, state conventions and fellowships for distribution according to the 2001-02 Cooperative Program Allocation Budget.

The Cooperative Program is Southern Baptists’ method of supporting missions and ministry efforts of state and regional conventions and the Southern Baptist Convention. Designated contributions include the Lottie Moon Christmas Offering for International Missions, the Annie Armstrong Easter Offering for North American Missions, Southern Baptist World Hunger Fund and other special gifts.

State and regional conventions retain a percentage of Cooperative Program contributions they receive from the churches to support work in their areas and send the remaining funds to the Executive Committee for national and international ministries. The percentage of distribution is at the discretion of each state or regional convention.

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