# LCMS Convention Proceedings_St. Louis Missouri_1938_S265
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

Financial Matters 265

“c) The remaining two thirds (66% per cent.) shall be re-
mitted to Synod. Out of these funds the expenses of the Cen-
tennial Thank-offering collection shall be paid. The balance shall
constitute the Centennial Thank-offering Fund, which fund shall
be invested by the Board of Trustees for Synod’s Trust Funds,
the earnings of which fund shall be added to, and become a part
of, the principal of the fund.

“q) This Centennial Thank-offering Fund is to be used for
the Expansion of Missions at home and abroad, systematically
planned for an extended period of time. (The term Expansion
of Missions shall include the exploration of potential mission ter-
ritories, the establishment and manning of new mission-stations,
the acquisition of parsonages and teachers’ residences. Any pro-
prietary interests resulting from such operations shall automatically
become those of the respective District.)

“e) The Board of Directors of Synod shall request every mis-
sion department to prepare and develop a program of expansion.
These several programs are to be integrated by the Board of
Directors into a systematically planned Mission Expansion pro-
gram and submitted to the Fiscal Conference for endorsement.

“f) The Fiscal Conference shall be, and it is hereby, author-
ized to make annual allocations from the Centennial Thank-
offering Fund for the purpose of conducting the planned Mission
Expansion program. Such allocations shall not in any one year
exceed ten per cent. (10 per cent.) of the balance in the Cen-
tennial Thank-offering Fund. These allocations shall be used for
new Mission Expansion projects and, in succeeding years, for new
and previously undertaken Mission Expansion projects. (Such a
carefully planned Mission Expansion program would, under or-
dinary circumstances, make the undertaking of projects which
would later become a burden or debt improbable if not impossible.)

“g) This Mission Expansion program or any detail thereof may
be amended by the Fiscal Conference at any time.”

7. Expenses of College of Presidents and Fiscal Conference. —
Upon the request of the College of Presidents our Board decided
to pay the expenses of the 1937 meetings of the College of Presi-
dents and the Fiscal Conference rather than to let the individual
Districts assume this expense, since these meetings are held by
order of Synod. We should like to have a ruling of Synod in this
matter as a fixed policy for the future.

8. Cooperation of Districts. A committee was appointed to
study the lack of the whole-hearted and systematic cooperation of
Districts of Synod in bearing our financial burdens. This com-

mittee found it necessary to reemphasize the principles laid down