# LCMS Convention Proceedings_St. Louis Missouri_1944_S320
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

820 Financial Matters

Pension Funds

51. Pension Fund 1,828, 839.06
52..Annuity Reserves _ —- 12,334.53
53. Contingent Fund 22,824.03
_ 54. Retirement Fund —W _ 80,513.37
55. Reserve for Investment Depre 12,782.12
- 56, Earnings— Deferred 200 _ 3,973.97
57, Earnings — Current wan ener ence — + 18,270.81
58. Total Pension Funds 000 1,979,537.89
59. Annuity Endowments ... _ $ 245,492.66
60. Bequests — Pending’ Liquidation . _ 31,354.30
61. Legacies) 0 - 903,236.62
, 62, Permanent Support Fund .. 224,066.73
63, Reserve for Investmen 42,899.88
64. Earnings — Deferred 14,390.74
65.. Earnings — Current 19,761.00
66. Total Sundry Trusts ne 1,481,201.93
- 67. Toran Liapmurrres oo — $8,177,504.50 7

The foregoing report is not an accounting of my stewardship,
for the very simple reason that it covers parts of two administra-
tions. The official reports have been.made and the books and
records audited annually, as reported in the official organs of
Synod. We here purpose to give the convention such information’
as we believe will be of assistance to it. Additional facts and
figures may be requested, if needed, from any member of Synod’s
Fiscal Department, a number of whom will be in attendance ©
throughout the convention. W. H. Scutveter; Treasurer

Detailed Financial Reports in “Statistical Yearbook”
(Memorial 803)

Wuereas, Pastors and laymen are often asked to supply infor-
mation concerning items of expenditure which are not available in
the published financial statements: of Synod; and

Wuerzas, A breakdown of lump figures would serve to create

_a better understanding of Synod’s financial problems and conse-

quently also a greater interest in Synod’s financial support; and ©

Wuergas, It is customary that corporations submit a detailed
financial report annually to their stockholders; be it . .
Resolved, That the Fiscal Office of Synod be required to pro-
vide a more detailed statement of expenditures for all departments
disbursing more than $10,000.00 in its Annual Financial Report;
and be it
Resolved, That the Fiscal Office of Synod embody such figures
in the Statistical Yearbook. ,
THE Cutcaco EnciisH ‘District CONFERENCE
ArtHur A. Yoss, Secretary