# LCMS Convention Proceedings_St. Louis Missouri_1962_S206 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) EXHIBITS 205 Exhibit B ‘he Lutheran Church — Missouri Synod Founaation Nove: This financial statement of The Lutheran Church — Missouri Synod Foundation is being printed in the ProcEED- uncs because it is an integral part of the report of the Foun- dation, pages 338—340 of Reports and Memorials. Balance Sheet May 31, 1962 ASSETS General Fund Cash _.. teseneeereee Contract Receivable Investments U. S. Government Securities Church and Church Schoo! Bonds Common Stock ~_..._.-__--__--.. Real Estate ——.—...—...-— + $ 4,253.44 100,000.00 $ 14,862.65 32,000.00 5,649.12 355,750.00 408,261.77 Total General Fund ~................ $512,515.21 Investments U.S. Government Securities _. Church Bonds Missourl Synod $108,287.45 35,000.00 191,808.87 335,096.32 Church Extension Notes Total Annuity Fund 2... cee eee $337,689.67 Life Income Fund Cmte eee ean cencee teense a ecnnnnerecnt $ 3,272.34 Investments Utility Bonds an ._. $ 10,000.00 Municipal Bonds —._..-. — 1,000.00 Missouri Synod — Church Extension Notes —....__.... ~ $4,891.13 65,891.13 Total Life Income Fund _.....-..2.---- ee $ 69,163.47 Sundry Trust Funds (Of: ,) 5 a a eee ne Dene SeSneESO EES EES ESSE SSS $ 1,369.67 Investments Missouri Synod — Church Extension Notes $ 23,300.00 Pension Annuity -——~.——.———-—-------- 14,278.83 37,578.83 Total Sundry Trust Funds —_....-.----.----------- $ 38,948.50 LIABILITIES General Fund Accounts Payable .. a $ 2,331.44 Agency Accounts Lutheran Education Foundation .. $ 529.90 Sundry ... — 22a. 361.50 891.40 Contract Payable ... 13,710.28 Mortgages Payable 116,054.64 Undistributed Gifts Undersigned -. . $ 10,077.63 Designated 27,845.32 Special -_.— 340,236.59 378,159.54 Undistributed Investment Income -.........--.---—------- 1,367.91 Total General Fund —.-..---..-- eee $522,515.21 Annuity Fund Annuity Agreements —.......-—.——.---- $335,331.85 Undistributed Investment. ‘Income 2,357.82 Total Annuity Fund $337,689.67 Life Income Fund Unamortized Bond Discount — $ 52.51 Life Income Gift Agreements — 69,105.01 Undistributed Investment Incom 5.95 Total Life Income Fund. ........2.-—----ee $ 69,163.47 Sundry Trust Funds Abiding Memorials —...-...--... $ 22,088.50 Bequest .. —..—~---- — 14,484.81 Education Fund — 7 a 255.10 Mission Fund —...- - 2,083.00 Sundry Trust Funds 37.09 Total Sundry Trust Funds ......-....—...------ $ 38,948.50 Total Funds . as ameneerneeeseresstissnunsesers weesroneuennes $958,316.85 Statement of Gifts Received Oct. 1, 1959, to Jan. 31, 1962 Gifts Received 10-1-59 2-1-61 Undesignated Gifts to 1-31-61 to 1-31-62 Total Individuals and Agencies ............-.--- _. $ 32,836.06 $ 33,959.73 $ 66,795.79 Designated Gifts For General Missions —. $ 900.00 $ 450.00 $ 1,350.00 For Foreign Missions —. 7,168.22 130.00 1,298.22 For African Missions —. 22,736.25 1,267.19 24,003.44 “The Lutheran Hour,’’ Japan —-——..—-_. 2,000.00 — 2,000.00 “The Lutheran Hour’ — .....__--—.—.- 3,718.35 1,143.00 4,861.35 Gross Mem Fund, Valparaiso Univers y 1,000.00 — 1,000.00 Bethesda Lutheran Home — ~~... 150.00 55.00 205.00 Lutheran School for the Deaf -.—. 150.00 50.00 200.00 Japanese Orphanage .. .— —-—--— 100.00 — 100.00 Hospital Building, Germany 10.000.00 —_ 10,000.00 Nurses Procurement and Aid Fund, Germany ~~. ... —.—~--—-.------. - 5,000.00 — 5,000.00 Special Projects, ” Germany —— . 20,000.00 —_— 20,000.00 Sundry Individuals and Agencies — 1,577.00 1,475.00 3,052.00 Scholarship Fund, Foreign Missions 2,000.00 — 2,000.00 Chapels, Foreign Missions -——.—- — 550.00 550.00 For Latin American Missions —.. _ 20.00 20.00 Valparaiso Law Library Bldg. Fund —- 1,000.00 1,000.00 Obot Idim Chapel —~—~—.—-.—. —_— 50.00 50.00 This Is the Life —.....—. —_— 10.00 10.00 Concordia Tract Mission —--.—_——.. _ 200.00 200.00 Valparaiso University —.. a — 200.00 200.00 Church Extension Fund — 50.00 50.00 KFUO : ~ . _ 3.00 3.00 Chapel in Luther Tower —_— 3,311.00 3,311.00 Total Designated Gifts —— ______. $ 76,499.82 $ 9,964.19 $ 86,464.01 Earnings on General Investments —.___. $ 421.03 $ 613.59 $ 1,034.62 Matured Annuities — a $1,982.07 $ —— $ 1,982.07 Grand Total ——— $111,738.98 $ 44,537.51 $156,276.49 Statement of Gifts Distributed Oct. 1, 1959, to Jan. 31, 1962 Gifts Gifts Distributed Undis- 10-1-59 2-1-61 tributed Undesignated Gifts to 1-31-61 to 1-31-62 Total 1-31-62 Individuals and Agencies -~........ $24,396.51% $35,161.03* $ 59,557.54 $ 7,238.25 Designated Gifts For General Missions --_-_.—. . $ 900.00 $ 450.00* $ 1,350.00 $ — For Foreign Missions —._._____ 6 097.60° 130.00* 6,227.60 1,070.62 For African Missions —— 517.50* 1,299.69* 1,817.19 22,186.25 “The Lutheran Hour,’’ Japan — 2,000.00 —_— 2,000.00 — “The Lutheran Hour’’ .. --.—- 718.35 3,131.75 3,850.10 1,011.25 Gross Mem. Fund, Valpo Univ. 1,000.00 —_— 1,000.00 _ Bethesda Lutheran Home .- ——. 150.00 55.00 205.00 — Lutheran School for the Deaf _ 150.00 _ 150.00 50.00 Japanese Orphanage _— — —~—~ 160.00 — 100.00 _ Hospital Building, Germany —. 10,000.00 —_— 10,000.00 —_— Nurses Procurement and Aid Fund, Germany —--... ——- — 5,000.00 — 5,000.00 —_— Special Projects, Germany -. 10,000.00 10,000.00 20,000.00 —_— Sundry Individuals and Agencies 1.577.00 1,475.00 3,052.00 —_— Scholarship Fund, Foreign Miss. 2,000.00 — 2,000.00 — Chapels, Foreign Missions ——. — 550.00 550.00 — For Latin American Missions —. —_— 20.00* 20.00 —_ Valparaiso Law Library Building Fund —..___.... — 1,000.00 1,000.00 — Obot Idim Chapel — — 50.00 50.00 _ This Is the Life —.—__ — 10.00* 10.00 —_— Concordia Tract Mission —. —_— 200.00 200.00 _ Valparaiso University ---—. —— 200 00 200.00 — Church Extension Fund — —_— —_— -_ 50.00 KFUO an _—_ — —_— 3.00 Chapel in “Luthe Tower ——— O_O OD Total Designated Gifts ____. $40,210.45 $18,571.44 § 58,781.89 $27,682.12 Earnings on General Investm’ts $ $ 189.34* $ 789.34 $ 245.28 Matured Annuities — —- $ $ 1,982.07* $ 1,982.07 $ Grand Total __________ $64,606.96 $56,503.88 $121,110.84 $35,165.65 * Remitted to Synod for budget income [| |