# LCMS Convention Workbook_St. Louis Missouri_1973_S388 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) STEWARDSHIP AND FINANCE 375 Exhibit I CAPITAL EXPENDITURES FOR WHICH FUNDS WERE NOT AVAILABLE January 31, 1972 and 1973 January 31, 1972 January 31, 1973 Funds to Be Provided Through Future Budgets and Gifts 1. Cash Capital Debt: a. Church Extension Notes Signed by Mtssion Board $ 637,833 $ 577,589 b. New Capital Funds Advanced to Mission Board: Capital Expenditures and Advances ———-——— $2,721,237 $2,967,760 Less: Capital Fund Balance and Current Income 1,239,755 1,481,482 1,523,624 1,444,136 —__—_— c. Capital Budget Debt — 1964 —____-___~____—_- 3,294,074 3,024,414 ee —rrOOO Total Cash Debt to be Repaid Through Future Budgets and Gifts ———_—__———_ $5,413,389 $5,046,139 ee _ O00 0 0 00 OTHER CAPITAL DEBT (SECURED) 1. Property Investment (North Riverside — Chicago) —— 1,354,630 1,368,765 2. Commerce Building Debt 1,603,024 — 3. Recoverable from Outside Sources (Capital Advances Made by Synod) a. Real Estate Loans — Executives ———__-___— $ 428,675 370,294 b. Contracts Receivable —- Indiana Tech. College 50,000 478,675 — 370,294 Total Other Cash Debt ——-—__—___—_-— $3,436,329 $1,739,059 Total Synodical Cash Debt —__—__—_——- $8,849,718 $6,785,198 nm 12-02 TABLE I . Per-Communicant Giving of Church Bodies with 1 Million Report of Board of Stewardship Plus Members 1971 Total Local Benevolences ‘ Total Introduction Luth. Ch. — Mo. Synod 129.77 104.63 25.13 19.4 : : : . United Presby. U.S.A. 122.12 101.75 0. . The objective assigned by the Synod to the Stewardship Episcopal Church 112.60 96.57 16.03 142 Board is that of assisting congregations and their members Luth. Ch. in America . 102.59 2.55 20. . toward growth in Christian stewardship. Christian steward- Amer. Luth. Church — 98.28 ats oe 16.3 eae . . wa e478 . United Ch. of Christ — 96.09 82.40 13.69 14.3 ship is nothing less than the joyous responsibility which each American Baptist Con. 85.45 73.38 12.08 14.1 child of God has in managing his life and resources for God’s Southern, Baptist Con. §2.44 68.87 13-57 16-3 4 j je ivi } nite etn. uren . . . . . ae erer, Besides the exercise of his individual stewardship, Source: “Church Financial Statistics and Related Data” jowever, each Christian is faced with the parallel respon- (Presby. Ch. in U.S. — 153.68 120.23 “45 21.8) sibility of being involved in a corporate stewardship task. 949,857 . This is the task of pooling some of his resources with those (Wisc. Ew. ruth Synod 115.60 88.44 27.16 23.5) of his fellow Christians and allocating them in such a way ; , that collectively Christ’s mission is carried out most effec- Points to note: h test imatt fi mil tively on a much broader scale through his congregation and —In comparison with other Protestant denominations o mi . : : , lion plus, the Christians of the LCMS continue to maintain through the Synod. Keeping this two-dimensional under- a respectable record of per-communicant giving for all pur- standing of the stewardship task in mind, the report of the poses, local, and benevolences (‘‘outside” purposes) Stewardship Board will address itself to the following: __ Faithful stewardship cultivation has been taking place within 1. The Synod’s stewardship needs, as it faces the mission the congregations of the Synod and God's blessing is evident. of the church. 2. Stewardship goals for the 70s. 3. Toward goal achievement, 1971—1972. 4. Summary conclusion. TABLE II Per-Communicant Giving for All Purposes I. Synod's Stewardship Vitality and Its Effect on the Church's Mission Emphasis must be given again and again to the fact that Christian stewardship and Christian mission are inseparable. The former is the handmaiden of the latter and the latter is dependent upon the former. Consequently any church which is fully committed to meeting its mission responsibili- ties is also a church which will provide the necessary re- sources. While resources for mission do include more than money — trained manpower, both professional and volunteer; time; ability; and most of all, the Gospel itself — it is also a fact of life that money is an essential means which God has provided His people in our day to bring together all of these elements for effective mission. Consequently one legi- timate method of measuring the Synod’s stewardship vitality is to take a good hard look at how much financial support Points to note: we are willing to make available for that mission at every _ With the obvious exception of the depression years Our record level of our corporate life. The following tables and graphs of giving has shown a steady increase in volume of dollars are both informative and revealing: — Beginning In 1960, the dollar increase begins to level off.