Southern Baptist Convention’s Cooperative Program
New reports show increase in contributions
NASHVILLE, Tenn. – The Southern Baptist Convention Executive Committee announced increased year-to-date contributions for the SBC Cooperative Program as compared to the 2002 fiscal calendar. The Cooperative Program, SBC’s method of supporting missions and ministry efforts of state and regional conventions, receives contributions from individuals, churches, state conventions and fellowships.
As of June 30, 2003, the year-to-date total of $139,024,324.59 for Cooperative Program (CP) Missions is $574,558.28 ahead of the $138,449,766.31 received at this same point last year. For the month, receipts of $15,027,959.97 were 2.14 percent, or $314,987.51, above the $14,712,972.46 received in June 2002.
Designated giving of $149,428,197.63 for the same year-to-date period is 5.19 percent, or $8,185,452.94, below gifts of $157,613,650.57 received at this point in 2002. The $19,907,142.91 in designated gifts received last month is $5,412,278.21 above the $14,494,864.70 of June 2002, a 37.34 percent increase.
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For the SBC Cooperative Program Allocation Budget, the year-to-date total of $132,721,801.50 is 104.75 percent of the $139,024,324.59 budgeted, or $6,302,523.09 more to support Southern Baptist ministries globally and across North America.
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.
While the CP contributions mainly support the SBC in general, state and regional conventions retain a portion of church contributions to support their designated works and conferences. The percentage retained from the Cooperative Program is at the discretion of each state or regional convention.
