Southern Baptists to Cut up to 800 Missionaries due to Lack of Funds
Amanda Casanova | Religion Today Contributing Writer The International Mission Board of the Southern Baptist Convention announced this week that it will need to cut staff and missionaries to balance its budget.
According to Christianity Today, David Platt, the president of the board, announced Thursday that 600 to 800 missionaries and staff positions need to be cut to make up for a $21 million deficit.
Over the past six years, the IMB has spent about $210 million more than it has brought in.
“We cannot continue to overspend,” Platt said in a statement. “For the sake of short-term financial responsibility and long-term organizational stability, we must act.”
In June 2015, the IMB had $168 million in reserves and a total operating budget of about $301 million.
Also this week, the IMB appointed 42 new missionaries.