NASHVILLE, Tenn. (BP)–January receipts and budget year-to-date gifts to the Southern Baptist Convention’s Cooperative Program were up compared to the same periods a year ago, according to Morris H. Chapman, president and chief executive officer of the SBC Executive Committee.
For January 2000, the SBC CP gifts totaled $16,518,423 compared to January 1999 of $16,269,698, an increase of $248,725 or 2 percent.
For the SBC Cooperative Program Allocation Budget for 1999-2000, the year-to-date receipts total $59,044,455 for the first four months of the SBC budget year, Oct. 1 through Sept. 30. That compared to $56,233,784 for the same period a year ago, a $2,810,670 increase or 5 percent.
In designated gifts for January, $24,599,243 was received compared to January 1999 of $20,514,687, an increase of $4,084,556 or 20 percent. For the four months of the fiscal year, designated gifts total $34,075,816, compared to the same period a year ago of $29,073,547, an increase of $5,002,268 or 17 percent.
The required monthly budget figure of the SBC Cooperative Program Allocation Budget — $13,298,645 — was surpassed by $3,219,778 or 24 percent. For the four months of the fiscal year, the required amount — $53,194,580 — was surpassed by $5,849,875 or an 11 percent increase.
The SBC Cooperative Program total includes receipts from individuals, churches, state conventions and fellowships for distribution according to the 1999-2000 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, world hunger 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.