NASHVILLE, Tenn. (BP)–Gifts to the Southern Baptist Convention’s Cooperative Program in August of $14,578,070 were 2.99 percent above the total for August 2000, according to a news release from the treasurer of the SBC, Morris H. Chapman.
For the fiscal year to date, October 2000 through August 2001, CP giving now stands at 1.39 percent less than the same period a year ago, $160,592,711 compared to $162,851,541, to support Southern Baptist CP missions and ministries globally and across North America.
In designated giving during August, the total of $5,755,886 was 52.16 percent above August 2000’s $3,782,664, or a difference of $1,973,221. For the fiscal year to date, designated giving stands at 4.16 percent above last year’s pace, $166,832,014 as compared to $160,171,445, an increase of $6,660,568.
August’s $14,578,070 in CP gifts total was $423,420 above August 2000 gifts of $14,154,649.
For the SBC Cooperative Program Allocation Budget, the year-to-date receipts are $6,596,024 above the budgeted $153,996,686, or 104.28 percent of budget. August’s receipts showed the $14,578,070 received as 104.13 percent of the budgeted amount of $13,999,698.
The SBC Cooperative Program total includes receipts from individuals, churches, state conventions and fellowships for distribution according to the 2000-2001 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.