The Cooperative Baptist Fellowship will face a shortfall of $650,000 in revenues this year but is continuing new mission efforts, including a partnership to start 400 Hispanic churches

Christian Century, August 23, 2003

* The Cooperative Baptist Fellowship will face a shortfall of $650,000 in revenues this year but is continuing new mission efforts, including a partnership to start 400 Hispanic churches. "This is one of those good news/bad news scenarios," said Daniel Vestal, the fellowship's coordinator, at its annual meeting held recently in Charlotte, North Carolina.

"We have received more money this year than we have ever received, but we are also behind in the budget," Vestal said. The moderate Baptist group will not appoint new missionaries except those funded by designated gifts, he said. The fellowship approved a partnership with tire Hispanic Baptist Convention of Texas to start 400 Hispanic churches and share training in Hispanic evangelism.