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October 3, 2015
NASHVILLE (BP) — The Southern Baptist Convention ended its fiscal year $1.1 million over its 2014–2015 budgeted goal and $2.5 million over the previous year’s Cooperative Program allocation budget gifts, according to Frank S. Page, president and CEO of the SBC Executive Committee.
The SBC received $189,160,231.41 in CP allocation gifts for the year. This amount is $2,592,620.78, or 1.39 percent, more than it received during the last fiscal year, and is $1,160,231.41, or 0.62 percent, more than its budgeted goal of $188 million.
“We are grateful to every church and individual who believes in and supports the Cooperative Program of Southern Baptists,” Page said. “We are particularly grateful for the 4,422 churches that increased their church contributions through CP by at least 1 percent of their undesignated tithes and offerings over the past year.
“We suggested last year that we may have reached the nadir, or lowest point, for national Cooperative Program gifts following the Great Recession. This positive report indicates that may indeed be the case,” Page said. “It remains my hope and prayer that we can unleash more missionaries and church planters over the next decade than ever before and that our seminary students can graduate with minimal or no school debt as we move forward to the centennial celebration of the Cooperative Program in 2025.”
In designated giving, the fiscal year’s total of $195,013,412.58 is 0.17 percent above the previous year’s $194,678,166.09. Of this designated amount, $194,205,408.42 was disbursed to IMB and NAMB through the seasonal missions offerings and Global Hunger Relief. The balance was designated for other SBC entities or the SBC operating budget. Combined designated gifts to SBC causes and CP allocation budget gifts showed a 0.77 percent increase over the same time last year.
The convention-adopted budgeted amount was distributed 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.
Of the amount received that was over the budgeted goal, IMB received a full 51 percent of the $1.16 million overage, while the SBC operating budget received only 2.4 percent of the overage. Other SBC entities received the same percentage of the overage as the allocation formula in the 2014–2015 adopted CP allocation budget.
September gifts through CP totaled $14,883,496.42, while designated gifts were $3,851,470.36. Monies include receipts from individuals, churches, state conventions and fellowships for distribution according to the 2014–2015 SBC Cooperative Program Allocation Budget and to SBC causes as stipulated in designated gifts.
The CP is Southern Baptists channel of giving, begun in 1925, through which a local church can contribute to the ministries of its state/regional convention and the missions and ministries of the SBC with a single monthly or weekly contribution.
Month-to-month swings in the amount received through the Executive Committee reflect a number of factors, including the timing of when the state conventions forward the national portion of Cooperative Program contributions to the EC, the day of the month churches forward their CP contributions to their state conventions, the number of Sundays in a given month, and the percentage of CP contributions forwarded to the SBC by the state conventions after shared ministry expenses are deducted.
CP allocation budget receipts received by the EC are reported monthly to the executives of the entities of the convention, to the state convention offices, to the state Baptist papers and are posted online at www.cpmissions.net/CPReports.
— This article was originally published by Baptist Press.
Rod is one of our nation’s leading minds. He’s smart, original, and very committed—a combination that one rarely finds.
Rod Martin and [former Howard Dean campaign manager] Joe Trippi are America’s two foremost experts on online politics.
Rod Martin is a Reaganite-Thatcherite conservative…[and] a man who has spent much of his life ministering to and working for the benefit of others. I know Rod as an advocate for freedom, a leader who understands the real changes we need in Washington, and who has the drive and ability to make those changes happen.
Rod Martin is the kind of dynamic leader who has the knowledge, ability and experience to lead us successfully into the 21st Century. His vision for America is compelling.
Rod Martin literally wrote the book on excellence. Humble yet brilliant, a man of love and compassion, with penetrating clarity he illuminates the world around us, and we are both stirred and enlightened.
Rod Martin is a born leader and an outstanding political mind. Anyone who takes him on is going to have a serious fight on their hands.
Rod Martin is a man of uncommon vision and character. Ever since I first worked alongside Rod in the early days of PayPal, I’ve been struck by his powerful vision for the future. Rod understands the intersection of technology, politics and culture in a way that few others do.
Rod Martin wears with uncommon grace an uncanny ability to link his vigorous faith to the practical challenges of both the business world and the political arena. Yet the respect he shows for others carries a warmth and modesty that are both too rare among those who are strong advocates of feisty positions.
America badly needs more leaders who really get the future. We need more Rod Martins.
Rod Martin is a modern day philosopher-statesman. He is a capitalist intellectual, a conservative iconoclast, a gentle adversary and a kind prophet. He inspires us towards a fresh national vision built upon the original founding principles.
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Rod is one of the sharpest, most gracious men I know, and one of the most gifted political thinkers today. His ability to analyze issues and communicate thoughtful insights on them have earned him the respect of people across the political spectrum.
I am proud to have been Rod Martin’s friend for a quarter century, and I can tell you that he is one of the finest men and most outstanding leaders in our church and in our country today. He has a knack for turning everything he touches to success.
Rod Martin is a cornucopian entrepreneur and eutropic thinker whose influence radiates through an array of companies, institutions, movements and churches. A renaissance American, he is also a prolific friend of freedom and faith around the globe.
If Rod Martin represents the next generation of leaders, America has nothing to worry about.
A leader and a servant, in public life and in private, Rod Martin strides at the top of his profession, and has nowhere to go but up. He is in the truest sense of the word ‘outstanding’.
Rod Martin is undoubtedly one of the most accomplished thought leaders today. He is a wonderful mentor, a humble role model, and a deep inspiration for the next generation of scientific innovators and entrepreneurs.
Rod’s achievements pale beside his character and his brilliance. He sees what others can’t. He leads when others won’t.
Rod Martin is one of America’s finest young minds.
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