# LCMS Convention Workbook_St. Louis Missouri_1969_S46 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 46 MISSIONS — Missouri Synod. First, reports will be given detailing Church Extension areas of responsibility. Second, at- tention will be given to those areas to which added emphasis and attention must be given. Finally, the necessary financial statements are included to indicate the extent of activity within the past biennium. Board Personnel Election results for the Church Extension Board showed the following candidates elected for 4-year term: Rev. A. W. Born, Detroit, Mich.; Teacher Paul Kosch- mann, Leavenworth, Kans.; Mr. Herbert Hast, Denver, Colo.; Mr. Edgar Parent, St. Louis, Mo. At its first meeting the board organized itself in the following manner: chairman, Rev. A. W. Born: vice- chairman, Rev. Herman Zehnder; secretary, Mr. Henry C. Rupp. Executive Committee: Rev. Armin W. Born, Mr. Herbert Hast, Mr. Fred Schindel. Other board members are: Teacher Henry C. Rupp, Fort Wayne, Ind.; Mr. A. W. Krieger, Bridgman, Mich. A vacancy occurred in staff personnel when Assis- tant Executive Secretary W. J. Barge accepted the ap- pointment as administrative assistant to the Executive Director of The Lutheran Church — Missouri Synod. He left the department on May 31, 1968. Plans are being finalized at the present time to obtain a replacement for Mr. Barge. The board acknowledged the faithful and loyal services of Mr. W. J. Barge. Church Extension Objectives Section 8.53 of the Handbook refers to two facets of Church Extension: acquisition of sites and erection of facilities. Amount of available funds controls the extent of activity in site acquisition and totals avail- able for the financing of parish facilities. Both aspects of the program are important since they aid in supply- ing the physical needs for congregations in programs of preaching, teaching, reaching, and serving. Certain portions of the Church Extension program were delayed or halted during the past biennium. Amounts for capital investments were not available, and this made postponements necessary. Circumstances pro- vided for no other alternatives. There is little evidence of any improvement in this area. No plans for a solu- tion to this problem have as yet been adopted. We must continue to plan for these programs related to capital investment needs of the budget, so when funds are available, additional time for the continuation of work will not be necessary. Loan Services Loans available to Districts are the following: 1. Church Extension Loans. These are loans to newly established congregations with normal growth and good income potential. 2. Service-Charge Loans. These are loans for spe- cialized ministries that have a good growth potential but are very limited in income potential. Loans available directly to congregations are: 1. Department of Investment Loans. These are loans made on a secured loan basis. Eligibilty is determined by the following factors: a) Growth potential in membership; b) Necessity of new or additional facilities: c) Ability to repay. Site Acquisitions Loans were made to Districts for site acquisitions in both the Church Extension and Service-Charge loan categories. No investments were made by the synodical board to obtain additional advance site properties. Neither could additional studies be undertaken to plan for site acquisitions in new metropolitan areas because of the unavailability of capital funds. Options and al- ternatives are being considered not to unduly delay, because prolonged delays would be costly in relation- ship to studies already made. Reduction in desirable acreage available, as well as the entry of corporations and industry in real estate investments, has added com- plexities and competition to an effort limited in scope and area. Board Functions One of the functions of the board is to give time and attention to fund growth. While a mere measurement of dollar volume will constitute a segment of information for assessment, there are still other facets that must be considered to analyze effectiveness of involvement. Total assets as of Jan. 31, 1967, were $42,695,570: total assets as of Jan. 31, 1969, were $50,934,198; an in- crease of $8,238,628 in two fiscal years. The total number of notes issued as of Jan. 31, 1967. was 14,398. Communicant membership at that time was 1,860,949. This constitutes 0.77 percent of the member- ship participating in the synodical fund program. The total number of notes issued as of Jan. 31, 1969, was 15,006. Few congregations have assumed responsibility for planning and programing annual loan goals for invest- ment support of both District and synodical Church Extension Funds. Until this practice becomes more widespread, percentage of participants will be excep- tionally small. Motivating for investment participation is another assigned function of the board. During this past bien- nium, plans were completed to produce promotional materials for all Districts with a common message, pro- fessionally planned and prepared and centrally pur- chased to make attractive promotional materials avail- able to District boards at costs their respective budgets could afford. Another step is to encourage Districts to plan and arrange for times of emphasis and attention on their calendar of activities for Church Extension pro- motion in all congregations. Periodic attempts are made in meeting with District committees to encourage fund growth, strengthen man- agement concerns, and unify basic policies. This can best be accomplished through the development of a “Policy Manual” for District Church Extension Funds.