In April of 2019, CBFNC adopted a new unified budgeting method called Missions and Ministry Funding Plan. The new plan integrated the Mission Resource Plan (MRP) and CBFNC Ministry Budget to create a streamlined approach to CBFNC’s mission and ministry. This funding plan includes financial support to our ministry partners including state and global mission partners, traditional Baptist identity partners, higher education schools and theological education partners.
In addition, the Mission and Ministry Funding Plan (MMFP) contains financial support for leadership development for ministers and churches, collegiate ministry, faith formation and personnel. Generous gifts from partner churches and individuals make it possible for CBFNC to bring Baptists of North Carolina together for Christ-centered ministry.
The 2021-2022 MMFP is the third year of this approach. Several items are noteworthy about the 2021-2022 MMFP:
- The total amount is unchanged from 2020-2021.
- The total amount for partners is also unchanged from 2020-2021. That amount exceeds $1 million and represents 41% of the total (excluding the Lilly grant).
- Most CBFNC staff costs are classified as ministry expenses and represent 28% of the total, a very low ratio among churches and non-profit organizations.
Click HERE to view the 2021–2022 Mission and Ministry Funding Plan.