LCMS Convention Proceedings St. Louis, Missouri — 1971, Page 220

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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