[1]NASHVILLE, Tenn. (BP)–Gifts to the Southern Baptist Convention’s Cooperative Program in October of $12,690,202.57 were 12.42 percent below the total for October 2000, according to a news release from the treasurer of the SBC, Morris H. Chapman.
In designated giving during October, meanwhile, the total of $3,314,282.56 was 46.31 percent above October 2000’s $2,265,186.60, an increase of $1,049,095.96. October’s $12,690,202.57 in CP Missions gifts to support Southern Baptist ministries globally and across North America was $1,799,459 below October 2000 gifts of $14,489,661.57.
For the SBC Cooperative Program Allocation Budget, the October receipts of $12,690,202.57 were below the budgeted $14,858,239.92, or 85.41 percent of budget.
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.
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