# LCMS Convention Proceedings_St. Louis Missouri_1950_S1250 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) FINANCIAL MATTERS 771 3, -WueEREAS, Too many such collections can work to the harm of . gynodical, District, and congregational budgets; be it therefore... Resolved, That before any such collection or fund-raising enterprise he initiated, the College of Presidents shall approve the purpose and the financial goals, if the collection crosses District lines, while the Visitors’ Conference of the District shall approve similarly where the collection is to -be held within one District; and be it Resolved, That in all cases of such collections the body granting permission shall satisfy itself that the institution or organization benefiting from the collection is using standardized financial systems recommended by national organizations (e. g., a hospital those of the A.H.A., an orphanage or old folks’ home those of the Com- munity Chest, a college or institution of higher learning those of accrediting associations); and be it Resolved, That upon completion of the effort the report of the examination by a certified public accountant accompany the finan- cial reports furnished to the authorizing group; and be it Resolved, That the ratio of the promotional cost to the amount raised in the various Districts of Synod be a matter of public regard; and be it Resolved, That no organization or enterprise regardless of | pre- vious blanket approval be exempted from these provisos. YorkK-SEWARD REGIONAL CONFERENCE _ SourHern NEBRASKA District . B. Hou, Secretary ACTION Concerning Memorials 806 and. 815, Synod | adopted the. fol- lowing report of Committee 11: Resolution 10 ; Wuereas, Both of these memorials deal essentially with. the same subject matter; and Wuereas, The contents of these memorials have already been dealt with in Memorial 805; therefore be it Resolved, That these memorials require no further action. Assign Responsibility for Preparation and Presentation of Synodical Budget ; (Memorial 807) Wnereas, The responsibility for the preparation. of ‘the synod- ical budget is not at present fixed by Synod, be it therefore Resolved, That the President of Synod direct the: preparation