BGAV falls 5 percent shy of 2013 budget goal
Like many religious organizations around the country, the Baptist General Association of Virginia fell short of its 2013 budget, treasurer reports.
By Robert Dilday
The Baptist General Association of Virginia fell nearly $645,000 short of meeting its budget goal in 2013, joining most other religious organizations around the country in ending the year with fewer financial contributions.
BGAV treasurer David Washburn reported Jan. 14 total Cooperative Ministries receipts last year were $11,455,256, or about 95 percent of the $12.1 million budget goal.
Washburn, who became treasurer less than two months ago, attributed the results to a still struggling economy, but told the Virginia Baptist Mission Board’s executive committee the board ended the year in the black.
“Even though we fell 5 percent below budget, we lived within our means,” he said.
Cooperative Ministries contributions in 2013 were about $708,000 less than contributions in 2012. The 2014 budget goal is $12,214,000.
Other Baptist groups fared similarly last year. The Baptist General Convention of Texas reached less than 95 percent of its $33,850,000 budget at the end of December. The Southern Baptist Convention, whose fiscal year ended Sept. 30, met its 2013 budget but only just — contributions were $1,276, or .00068 percent, more than the $188 million budget goal. Figures were not immediately available from the Cooperative Baptist Fellowship.
© 2014 Associated Baptist Press, Inc.