# LCMS Convention Workbook_St. Louis Missouri_1975_S158
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

158 ADMINISTRATION

STATEMENT OF CHANGES IN FUND BALANCES - PROPERTY FUNDS
INVESTMENT IN LAND, BUILDINGS AND EQUIPMENT, AND
INVESTMENT IN EDUCATIONAL PROPERTIES AND OTHER ENTITIES

THE LUTHERAN CHURCH - MISSOURI SYNOD Exhibit ¢-3

INVESTMENT IN
EDUCATIONAL PROPERTIES

INVESTMENT IN AND OTHER ENTITIES
LAND, BUILDINGS (Not covered by
AND EQUIPMENT accountants’ report)
YEAR ENDED JANUARY 1, YEAR ENDED JANUARY 31,
1975 1974 1975 1974
Fund balance at beginning
of vear $3,063,438 $3,086,478 $112,896, 367 $111,478 ,481
Book value of land,
buildings and equipment
sold during the year (219,803) (23,040)

Increage in investment in
educational properties
and other entities

FUND BALANCE aT END OF YEAR

a 2,198,275 S17 886

$3,063,438 — §115,094,641 $112,896, 367
cemmeenenens See  Se

See notes to financial statements.

denés receivable

BEQUEST F
Cash % 77 88° 7
Dee from other funds
Investment

alue at

ale 1S
market va
1974 2 $
$2,929,223
— =

‘
+

hort-ter= 2

(approxima sly ied ley le
Investments
y
$2,868,622 by TTB ba? ees
Pn ALS S2,208 "38
—— —

See notes t2 f:zancial statements,

RIBITED INCOME -

- MISSOURT syNeT

LLL. ENDOWMENT FUNT
YEAR ENDED JANUARY 21

1978 Tens
Vadistributed income at beginning
ef year $ 10,839 $19,235
iS ~2,198
= 49,957
4 Common Trust Funds -O-
S on sale of investnents 3
Tal, 348
Expenses 333°
178,011

AMOUNT AVAILABLE FOR DISTRIBUTION 248,841

sncome distribured:

Transferred tc fund balance 93 34,597: 198,252 274,387 1,88. 9,697
Distributed to Current Fund income 124,559 115,877 53,691 39,659
Distributed tc beneficieries 69,087 71,182
Tia 652 150,428 108,252 Troe: 128, 662 131,438

VNOISTRIBLTED INCOME AT END OF YEAR © 20,189 $30,839 -0- 70- 3 35,412 s 27,736

= — —— ——_

See notes to financial statements.