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Southern Baptists increase giving through Cooperative Program & designated gifts

NASHVILLE, Tenn. (BP)–Year-to-date contributions through the Southern Baptist Convention’s Cooperative Program and designated giving are up compared to this same time frame in 2002, according to a news release from SBC Executive Committee President and Chief Executive Officer Morris H. Chapman.

As of Jan. 31, 2003, the year-to-date total of $61,228,843.78 for CP Missions is 0.72 percent, or $437,545.49, ahead of the $60,791,298.29 received at this same point last year. For the month, receipts of $18,872,437.22 were 8.29 percent, or $1,444,711.26, above the $17,427,725.96 received in January 2002.

Designated giving of $33,222,538.98 for the same year-to-date period is 5.06 percent, or $1,600,924.99, above receipts of $31,621,613.99 received at this point in 2002. The $23,088,823.04 in designated gifts received last month is $3,549,452.78 above the $19,539,370.26 total of January 2002, an 18.17 percent increase.

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

For the SBC Cooperative Program Allocation Budget, the year-to-date total of $61,228,843.78 is 103.80 percent of the $58,987,467.32 budgeted, or $2,241,376.46 more to support Southern Baptist ministries globally and across North America.

The SBC Cooperative Program total includes receipts from individuals, churches, state conventions and fellowships for distribution according to the 2002-03 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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