# LCMS Convention Workbook_St. Louis Missouri_1969_S431 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) SPECIAL MINISTRIES AND SUNDRY MATTERS Schedule A-III Life Income Agreements in Force Feb. 1, 1968, to Jan. 31, 1969 Balance, Feb. 1, 1968 $ 693,082 Add New Agreements Issued $194,223 Gain on Sale of Haferkamp Property 26.060 220,283 $ 913,365 Deduct Adjustment to Bayless Agreement 950 Bal., Jan. 31, 1969 (To Exhibit “A”) $ 912,415 Schedule A-IV Net Equity in Unrealized Gifts Feb. 1, 1968, to Jan. 31, 1969 Balance, Feb. 1, 1968 $206,495 Add New Gifts Received (Nominal Value) $ 1 Net Income Earned 15,418 15,419 $221,914 Deduct Loss on Proverties Sold $ 4,830 Transfer of Realized Amounts to Gifts Received 1,860 6,690 Bal., Jan. 31, 1969 (To Exhibit “A”) $215,224 431 Schedule A-V Endowment Fund Balance Feb. 1, 1968, to Jan. 31, 1969 Balance, Feb. 1, 1968 Add Transfer from General Fund Distribution from Undesignated Gifts Received Other Principal Additions Deduct Segregation of previous Accumulated Income — Bal. Jan. 31, 1969 (To Exhibit “A”) Agency Fund Balance $354,229 $ 3.064 2,718 35,220 41,002 $395,231 10,162 $385,069 Schedule A-VI Feb. 1, 1968, to Jan. 31, 1969 Balance, Feb. 1, 1968 $ 51,604 Add Additional Deposits $99,445 Investment Earnings 2,586 102,031 Deduct $153,635 Withdrawals 87,253 Bal., Jan. 31, 1969 (To Exhibit “A”) Condensed Consolidated Balance Sheet Jan. 31, 1968 $ 66,382 Exhibit “B” Interfund General Annuity Life Income Gift Endowment Agency Assets Total Elimination Fund Fund Fund Fund Fund Fund Cash — $ 48,384 $ $48,384 $ $ $ $ Cash due from Other Funds — = $113,138) 56,458 — a 50,628 4,316 1,736 Accounts Receivable 572 572 — — —— —. — Notes and Contracts Receivable 519,529 11,817 — 230,365 93,793 183,554 —_ Investments 2,031,614 188,628 1,302,333 322,449 —— 168,336 49,868 Accrued Interest Receivable 17,221 4,993 — 11,296 702 159 71 Real Estate 397,666 — 90,000 224,514 83,152 — — Deferred Charges 39,245 —_— 2,057 36,343 845 — —. Other Assets 1,250 1,250 — $3,055,481 $(113,138) $312,102 $1,394,390 $824,967 $229,120 $356,365 $51,675 Liabilities and Fund Balances Cash due to Other Funds $ ——s- $( 113,138) $— $ 3,073 $110,065 $—- $ —— $ — Accounts Payable _.-_ 20,463 8,561 —_— 1,739 2,186 1,977 — Notes and Contracts Payable 39,014 9,597 —— 10,978 18,439 —_—— — Deferred Income 2,134 63 71 —_ 2,000 _—_ —_— Undistributed Gifts 97,438 97,438 — _—— Undistributed Investment Income 10,301 6,968 — 3,103 —— 159 71 Agreements in Force —______ SS 2,084,328 a 1,391,246 693,082 Net Equality in Unrealized Gifts 206,495 — —- — 206,495 -_— —_— Fund Balance __-___ 595,308 189,475 354,229 51,604 $3,055,481 $(113,138) $312,102 $1,394,390 $824,967 $229,120 $356,365 $51,675 Exhibit “C” Gifts Distributed or Transferred eae . Missions- Operations __-.-. Ss $s —— $ 43,480 $ 43,480 Schedule of Undistributed Gifts The Lutheran Hour — 29.455 29.455 Church Extension Fund — 10,1 : Feb. 1, 1968, to Jan. 31, 1969 Other Mission Agencies. ss —_ 3,760 3,760 Undesignated Designated Total Synodical Colleges and Seminaries — 12.303 13.303 Valparaiso University — —_ ' ' Balance, Feb. 1, 1968 $ 15,000 $ 82,438 $ 97,438 Other Educational Institutions LL , 505 ; $05 i i Gifts to Missionaries —________ —— 5 ' Gifts Received or Transferred Synodical Districts and Churches = —— 8.559 8.559 Individuals and Agencies $ 50,223) $ 28,653 $ 78,876 Other Agencies 1.780 1.780 Bequests : 23,576 362 23,938 Operating Expenses —S>—71,302 _——_ 71,302 Matured Annuity and Life Transferred to General Fund Income Agreements 15,170 5,698 20,868 Capital 58,888 58,888 Investment Earnings — 43,939 5,533 49,472 Transferred to Endowment Fund. _—2,718 — 2/718 Total $132,908 $ 40,246 $173,154 Total $132,908 $115,162 $248,070 Bal., Jan. 31, 1969 (To Exhibit “A’’) $ 15,000 $ 7.522 $ 22,522