# LCMS Convention Workbook_St. Louis Missouri_1983_S178 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 178 ADMINISTRATION AND PROGRAM IMPLEMENTATION and Financial Support be urged to develop and implement an aggressive teaching program for the promotion of Biblical principles of Christian stewardship. Board of Directors lowa District West E. W. Nun, Chairman Albert H. Buelow, Secretary Identical or similar 4-41B Trinity. Des Moines, Iowa Ron Miller 4-42 To Control Solicitations of Congregations WHEREAS, Our congregations in the Synod are being solicited by Lutheran organizations within the Districts; and WHEREAS, Our congregations are being solicited by our synodical schools for financial support; and WHEREAS, Our congregations are being solicited by various groups affiliated with the LCMS, such as the Lutheran Laymen’s League and Lutheran Bible Translators; and WHEREAS, The church year calendar is being filled with requests for “special fundraising Sundays”; and WHEREAS, Our members are growing increasingly tired of this approach to fundraising; therefore be it Resolved, That the Synod study this problem as found in the Districts; and be it further Resolved, That the LCMS consider screening and limiting the number of these requests on the District level, thus retaining proper control of these solicitations: and be it finally Resolved, That the LCMS develop methods of budget spending that cover the groups that are finding it necessary to solicit LCMS congregations on their own. Bethel Lutheran Church Lawton, Iowa Walter Friesner, President ; Gary Pfeiffer, Secretary . Mark J. Buchhop, Pastor 4-43 To Improve Methods of Solicitation WHEREAS, It is the responsibility of the synodical officials to inform the member congregations of current fiscal standings: and WHEREAS, The District Presidents usually become the channel through which the financial news is funneled; and WHEREAS, This accounting often comes first to us in the form of another ingathering of funds replete with volumes of envelopes, inserts for bulletins, posters, and the like; and WHEREAS, This material comes usually unexplained until cover letters catch up and always unsolicited by the member congregations; and WHEREAS, Threatening clouds warning a curtailment ofthe only purpose for which synodical hierarchy exists (i.e., support for overseas missionaries, aid for our seminaries, training of church workers) normally mark these special ingatherings; and WHEREAS, The expenses of conducting Council of President meetings as well as other administrative costs need constant scrutiny; therefore be it Resolved, That no ingatherings of special funding be allowed without first inviting the member congregations to request materials on an individual basis; and be it further Resolved, That material not be sent unsolicited or un- requested for fiscal input; and be it further Resolved, That the official organ of the Synod carry both the information regarding the need and materials available; and be it finally Resolved, That the Council of Presidents be directed to conduct all their business in no more than one meeting per . calendar quarter and within a three-day period per meeting. Mt. Calvary Lutheran Church Beverly Hills, Calif. Elwood H. Hillger, President R. John Perling, Pastor 4-44 To Receive Maximum Interest on Special Funds Deposited by Colleges and Seminaries WHEREAS, Because of a decrease in funding available from synodical subsidy, it has become necessary for colleges and seminaries to seek additional funds for operation, mainte- nance, scholarships, and buildings: and WHEREAS, These funds are sought from foundations, indi- vidual donors, and other available parties; and WHEREAS, Donors expect colleges and seminaries to invest the funds at the maximum rate of interest; and WHEREAS, Good stewardship dictates that these funds be invested to receive the greatest earnings; therefore be it Resolved, That upon the discretion of the colleges and seminaries, gifts and endowments received from third-source funds be deposited with the Foundation to receive the highest interest earnings available, or be deposited at another source, if it can be demonstrated that even higher earnings are _ available. . Board of Regents Concordia College, Wis. R. John Buuck, President To Authorize Boards of Regents to Manage Certain Funds WHEREAS, The Bylaws provide that The Lutheran Church— Missouri Synod Foundation shall manage, conserve, and be responsible for all legacies, bequests, devises. endowments, foundations, annuity gifts. and all other trust funds of the Synod and its Districts. Colleges, seminaries, and agencies (Bylaw 2.645 a): and WHEREAS, The Bylaws provide that the Board of Regents shall receive all gifts made to the institution and deliver the same promptly to the Treasurer of the Synod or such other person as may be designated by the Board of Directors (Bylaw 6.03 j): and WHEREAS, The same Bylaw nevertheless further provides that if delivery is precluded by terms of the gift. the Board of Regents shall hold and administer the same in accordance with the terms of the instrument creating such gift and in accordance with policies of the Board of Directors of the Synod; therefore be it Resolved, That because the Board of Regents of each synodical institution has the primary responsibility foradmin- istration of gifts, each such board be authorized to negotiate with The Lutheran Church—Missouri Synod regarding gifts made to that institution and to manage these itselfif this, in its judgment, appears to be in the best interest of that educational institution. Board of Regents Concordia Seminary. St. Louis E. J. Otto. Chairman 4-46A To Inform Members on Investment Portfolio WHEREAS, The Lutheran Church—Missouri Synod has not made a full disclosure of its holdings of common stock and related investment instruments; and