# LCMS Convention Proceedings_St. Louis Missouri_1947_S578
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

578 FINANCIAL MATTERS

Appointments

4. The appointment of Mr. George Eigel as Synodical Attorney @
was continued in the triennium. He gives much time to the legal 4
business of Synod and is at present working on the question of the #

incorporation of our educational institutions in the various States
in which they are located.

5. Members of the Board of Trustees of Synod’s Trust Funds
were appointed as their terms expired. Their report is attached
to this report.

General Synodical Matters

6. The Budget. Annually the requests of the various boards of

Synod were studied and analyzed and thus the budget require- -3%

ments for the following year were brought to the attention of the
Fiscal Conference, to be set up in the form of a budget. By the
grace of God and through the willingness of our people the neces-
sary funds were raised, and no debts were incurred, although costs
all along the line increased from year to year. The wisdom of
' Synod’s arrangement was fully vindicated, namely, that in the
fixing of the budget all the Districts of Synod should have a voice
and a vote through their representatives. All pertinent details
are reflected in the report of the Treasurer, including the balance
in the Postwar Fund.

7. The Peace Thankoffering, According to Synod’s request the
Board inaugurated the collection of a suitable thankoffering at the
conclusion of the World War. Synod’s share, besides the money
retained by the Districts, amounted to over 4% million dollars,
This amount was allocated according to the resolutions of the
Fiscal Conference as reported at the time of the collection, namely
$1,800,000 for Postwar Reconstruction and Missionary Expansion;
$1,500,000 for the Synodical Building Fund; $200,000 for the Synod-
ical Office Building; $500,000 for Postwar Contingencies, and the
surplus for Mission Expansion at home and abroad. Synod will
recognize the wisdom of allocating these funds for definite pur-
poses and then making appropriations as the need arises. The
Emergency Planning Council and the Board for European Missions
rendered valuable services, as their reports will show, in connec-
tion with Postwar Reconstruction and Missionary Expansion in
granting particularly spiritual relief in the war-torn countries, such
expenditures being ‘made subject to the control of the Board of
Directors. Through this collection Synod could and did experience
the joy and satisfaction of taking part in one of the greatest mis-
sionary undertakings in our history, while expressing its gratitude
for peace restored,

8. Collection for Physical Relief. Early in 1946 the Board
made arrangements to inaugurate a collection of funds and other