# LCMS Convention Proceedings_St. Louis Missouri_1971_S220 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) ee LATE REPORTS AND OVERTURES ACCEPTED FOR CONSIDERATION (Bylaw 1.27 b) To Transfer Grace Congregation, Pine Bluffs, Wyo., and Zion Congregation, Grover, Colo., to Wyoming District Overture 4-93U We, Grace English Lutheran Church, Pine Bluffs, Wyoming, and Zion Lutheran Church, Grover, Colo- rado, herewith make formal request to be peacefully released from the Colorado District of The Lutheran Church —:- Missouri Synod so that we may join the Wyoming District. Gene R. Ricuter, Pastor Wuereas, The Synod has authorized the organization of the Wyoming District, comprising all of the state of Wyoming and the panhandle of western Nebraska; and Wuereas, Grace Lutheran Church of Pine Bluffs, Wyoming, is located in the corner of southeastern Wyoming, two miles from the Nebraska border and 40 miles east of Cheyenne, Wyoming; and Wuereas, The members of Zion Lutheran Church, Grover, Colorado, live closer to some of the congrega- tions in the western panhandle of Nebraska than to any of the congregations of the Northern Circuit of the Colorado District, to which they now belong; and Wuereas, The Men’s Club of Grace Lutheran Church, Pine Bluffs, has for years been a member of the Wyom- ing District of the Lutheran Laymen’s League, and the Ladies Aid Society has been a member of the Southern Nebraska District of the Lutheran Women’s Missionary League; therefore be it Resolved, That the request of Grace Lutheran Church, Pine Bluffs, Wyoming, and Zion Lutheran Church, Grover, Colorado, to be transferred from the Colorado District to the Wyoming District be approved by the Milwaukee convention of the Synod. Co.Lorapo DISTRICT Waldemar E. Meyer, President Ralph A. Phipps, Secretary Report of the Lutheran Church — Missouri Synod Foundation Report 12-24U The Board of Trustees of The Lutheran Church — Missouri Synod Foundation herewith presents its fifth convention report to the membership of our church. This represents an abbreviated or summary report. With the procurement of a new auditing firm by the Board of Directors of the Synod, a greater amount of time than usual was necessarily spent in auditing the foundation’s accounts. The delay in receiving the finan- cial data prevented us from submitting the full report for inclusion in the Convention Workbook before the deadline date. The full report, as documentation of this brief report, is available to the floor committees. Aware that our church could be more effective in its all-important mission and move forward more vig- crously if it had a sizable and dependable source of “beyond budget” income, the foundation was established in 1959 as an agency through which the members of our church and their friends might give additional financial support to the missionary and educational activities of our church as well as to other organizations, agencies, and projects operating within it. As you know, the primary support of The Lutheran Church — Missouri Synod is the periodic giving of our people through their local congregation. However, if present signs are any indication, it is going to take more than the Sunday-for-Sunday giving, invariably from current income, on the part of our dedicated Christians. To meet the ever-increasing challenges of the Gospel, it is going to take gifts from the accumulated resources of our people. Thus the foundation is con- cerned not only with the Christian’s stewardship of income, but especially with his stewardship of capital. The foundation encourages people to put such wealth to work permanently in behalf of the church by in- cluding the foundation in their plans for both immediate and deferred gifts. Areas of Activity To carry out its objectives the foundation solicits outright gifts of cash, securities, and real property, it encourages bequests, it writes various types of life income agreements, such as the gift annuity, annuity trust, unitrust, pooled trust, life reserved. Gifts to the foundation may be either undesignated, thus going to the foundation itself for later distribution where the needs are considered greatest, or designated to some specific cause within our church or its agencies. The Economy of Giving The foundation believes that the primary motiva- tion for giving to the church is the desire to further the cause of Christ. Yet every prudent steward of the resources which God has entrusted to him recognizes that making a gift involves possible tax savings such as federal and state income tax, estate tax, inheritance and gift tax. Trustees and Officers Gifts to the foundation are managed, administered, and disbursed by its Board of Trustees, consisting of 21 members, who are elected by the Board of Directors of the Synod. Steady Growth In gratitude to almighty God, the foundation’s Board of Trustees is happy to report a steady growth of the foundation from its inception to the present. As of January 31, 1971, it distributed to the Synod in the