Tuesday, December 8, 2015

The Situation with IMB by David O. Cofield

This is some of the information that I shared Sunday night at our church wide Christmas and Mission Party.

1.  Current situation of the International Mission Board

August 27, 2015 David Platt shared with IMB personnel after their quarterly Trustee meeting:

2014 - IMB budgeted $21 million more than receipts
           IMB sold property to cover $18 million over budgeted receipts
so they spent $39 million more than received.

Since 2010 they have spent $210 million more than received.

So they have met these shortfalls with tapping into their reserves and selling global properties.

Then they are reducing the missionary force and staff estimated between 600-800 this fall.

2009 - was the high mark for missionary service with 5,600
Currently at 4,800 and 450 staff
The goal is to get to 4,200

2.  Why are we at this place?

There are less financial resources available to local churches and churches are giving less through the Cooperative Program.

Dr. Bob Terry just reported in the December 3, 2015 edition of The Alabama Baptist, in a story unrelated to the IMB,

2008 - AL Baptists gave $44 million to Cooperative Program
2014 - AL Baptists gave $40 million to CP.  That is 10.2% decrease.
This year the projection is it will fall below $40 million.

2008 - Alabama Baptist church gave $788 million to their churches (total receipts)
2014 - Gave $720 million
8.7% decrease

Fewer people are participating in church
2008 - AL Baptists had 352,000 in worship
2014 - AL Baptists had 291,000 in worship
17.4% decrease

* So pray for David Platt and the IMB for wisdom. 
* Pray for our church to be wise of walking the balance between the needs of our church and the world through missions.
* Give your very best Lottie Moon Christmas gift this year.  

Supporting stories:  August 27 press release


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