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CBF receives anonymous $5 million donation

NewsReligious Herald  |  April 13, 2005

For the fourth year in a row, the Cooperative Baptist Fellowship has received a multimillion-dollar anonymous gift for global missions-this time $5 million.

The majority of the gift will go to field personnel salaries, benefits, equipment and training, with additional designated funds for expanding HIV/AIDS initiatives and Partners in Hope, the Fellowship's rural poverty initiative. The remaining $300,000 will go to the Asian response fund for tsunami relief.

It is the fifth anonymous multimillion-dollar donation to CBF missions in the last four years. In 2002 the CBF received a gift of $4 million. In 2003 it was $5 million. And in 2004 $7 million was given.

The gifts have added $21 million to support global missions and are being spent over several years.

This fiscal year the CBF has an operating budget of $16 million, of which at least $9 million will be spent on missions.

The Cooperative Baptist Fellowship currently supports about 150 missionaries, most of them among unevangelized people groups and the world's poor.

As in the past, the Fellowship did not reveal the name of the individual donor.

“We are grateful for the trust this free and faithful Baptist places in the Fellowship's ministries among the most neglected,” CBF coordinator Daniel Vestal said.

Barbara Baldridge, CBF global missions coordinator, said the gift will greatly enhance the work of its field personnel. “We will not only be able to keep adding and equipping field personnel, but we will be able to expand ministries to those affected by the HIV/AIDS pandemic, poverty and the December tsunamis. It is both humbling and inspiring to be charged with implementing new ministry efforts resulting from this gift.”

Associated Baptist Press

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