NASHVILLE — Year-to-date contributions through the Southern Baptist Convention’s portion of the Cooperative Program are 0.98 percent ahead of the same time frame at the end of 2016 and 3.69 percent under the SBC Cooperative Program Allocation Budget projection for the year according to a news release from SBC Executive Committee President Frank S. Page.
The $46,229,225.46 received by the Executive Committee from Oct. 1 through Dec. 31 for distribution through the Cooperative Program Allocation Budget represents 96.31 percent of the $48 million year-to-date budgeted amount to support Southern Baptist ministries globally and across North America. The total is $447,033.04, or 0.98 percent, above last year’s first quarter total of $45,782,192.42.
Designated giving of $11,620,360.88 for the same year-to-date period is 6.75 percent, or $734,568.32, above gifts of $10,885,792.56 received at this point last year. This amount includes only those designated gifts received by the Executive Committee and does not reflect contributions made directly to SBC entities.
December’s CP allocation receipts for SBC work totaled $16,043,689.81. Designated gifts received last month amounted to $4,462,282.71.