October CP gifts slightly above 2012

NASHVILLE (BP) – Contributions to Southern Baptist national and international missions and ministries received by the SBC Executive Committee in October were 0.07 percent above last year’s opening month of the Convention’s fiscal year, according to a news release from SBC Executive Committee President and Chief Executive Officer Frank Page.

As of Oct. 31, gifts received by the Executive Committee for distribution through the CP Allocation Budget totaled $13,611,434.14, or $9,133.50 above the $13,602,300.64, received in October 2012.

Meanwhile, designated giving of $3,204,233.24 during October was 4.82 percent, or $147,225.45, above gifts of $3,057,007.79 received last October. This total includes only those gifts received and distributed by the Executive Committee and does not reflect designated gifts contributed directly to SBC entities.

The October total of $13,611,434.14 is 85.29 percent of the $15,958,333.33 monthly allocation budget to support Southern Baptist ministries globally and across North America.

The convention-adopted budget for 2013-2014 is as follows: 50.41 percent to international missions through the International Mission Board, 22.79 percent to North American missions through the North American Mission Board, 22.16 percent to theological education, 2.99 percent to the SBC operating budget and 1.65 percent to the Ethics & Religious Liberty Commission.

The Cooperative Program is Southern Baptists’ channel of giving, begun in 1925.