(Executive Director-)Treasurer’s Report

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My official job title is Executive Director-Treasurer. About this time each year, I am reminded of what it means to serve as the treasurer of the Kentucky Baptist Convention as I work closely with our staff and the Business and Finance Committee of the Mission Board to set budget goals, review year-end receipts and spending totals, and evaluate the spending priorities for the missions dollars of Kentucky Baptists.

As we close the books on the 2012-2013 Cooperative Program budget, I am delighted to share some great news regarding giving through the CP. Thirty percent of KBC churches increased their CP giving over the previous year! Moreover, all CP gifts combined allowed us to meet ministry expenses and come within 1 percent of reaching the $22 million CP budget goal. We praise the Lord for His provision and the generosity of Kentucky Baptists!

Our current budget year that began on September 1st includes significant changes in the way missions dollars are being divided between state, national, and international causes. CP gifts will be divided evenly between mission work of the KBC and SBC, with 45% going to each. The other 10% of CP funds are designated for Cooperative Program Resourcing (CPR) on behalf of the SBC and KBC.

The phrase, “CPR: Giving Life To the Great Commission,” points to the role and value of the investment of this portion of the CP budget. CPR funds are used to promote CP and process CP funds. Next year’s budget reduces this line item from 10% to 7% in order to get even more of our resources to the international mission field.

A recent comparative study of all SBC state conventions revealed that Kentucky is second overall in the percentage of CP funds that we forward to the SBC for the cause of global missions. I’m proud to be a Kentucky Baptist!

As we celebrate this good news, the “treasurer” part of my job title necessitates that I share other news with you. The 30% of churches that increased their CP giving were unable to offset the churches that gave less through the Cooperative Program. Thus, the overall downward trend in cooperative mission giving has not yet been reversed.

</p>Our Lord has given us this charge: “But you will receive power when the Holy Spirit comes on you; and you will be my witnesses in Jerusalem, and in all Judea and Samaria, and to the ends of the earth” (Acts 1:8). My prayer is that each of our KBC churches will once again consider the opportunity for Acts 1:8 obedience and Great Commission faithfulness afforded by supporting thousands of missionaries and mission work from Pikeville to Pittsburg to Peru, and beyond, through the Cooperative Program.

 

 

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2 Comments

  1. Posted October 3, 2013 at 10:49 am | Permalink

    I’m thankful for your excellent leadership and celebrate this great news right along with you!

    • Posted October 3, 2013 at 11:04 am | Permalink

      Thank you my brother! Pleased to have you in your role with one of our strategic Kingdom partners. Congratulations!