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LCMS Convention Proceedings St. Louis, Missouri — 2016, Page 191

Scan: The Lutheran Church—Missouri Synod
Transcription machine transcription, uncorrected

RESOLUTIONS
10

Stewardship: Funding the Mission
To Recognize the Lutheran
Church Extension Fund
RESOLUTION 10-01
Report R16 (CW, pp. 88–90); President’s Report, Part 2 (TB,
pp. 21–31)
Whereas, The Lutheran Church Extension Fund (LCEF) incorporated in convention on June 15, 1978, as the continuation of the
Synod’s Church Extension Fund (CEF) that began in 1902 to provide a structure for efficient delivery of church extension services
nationwide, providing opportunity for district CEFs to consolidate
into a single entity; and
Whereas, LCEF supports the church in fulfilling its mission of
sharing the Gospel of Jesus Christ by being a Christ-centered servant partner of The Lutheran Church—Missouri Synod (LCMS),
ensuring that funds and services are available now and in the
future; and
Whereas, LCEF provides LCMS members and organizations
the opportunity to partner in mission by offering competitive
investments through which investors effectively steward their
financial resources and provide funds for loans to support LCMS
ministries; and

Whereas, LCEF meets its fiduciary responsibility to protect its
investors’ funds and to maintain a strong financial position to support the church with strong financial standards and third-party
audits to insure transparency; and
Whereas, LCEF continues to seek ways to advance innovation
and creativity in supporting the LCMS; therefore be it
Resolved, That the Synod in convention thank God for the work
of LCEF on behalf of the LCMS; and be it further
Resolved, That the Synod continue to pray for and support the
efforts of LCEF; and be it finally
Resolved, That the Synod encourage LCMS ministries always to
consider utilizing LCEF as its partner in ministry for investments,
loans, and ministry support services.
Action: Adopted (7)
(The assembly agreed by voice vote and without objection to
proceed directly to a vote on the resolution. Res. 10-01 was adopted
as presented, also by voice vote.)

Whereas, LCEF offers loans and ministry support services
designed to meet the unique and specific needs of LCMS ministries and rostered church workers as they seek to fulfill the Great
Commission within their communities; and
Whereas, LCEF has distributed portions of each year’s operating results to its participating districts and the Synod, in excess
of $25 million since inception; and
Whereas, LCEF has rebated portions of its interest income
annually to borrowing congregations based on the level of member investments in LCEF, totaling over $30 million; and
Whereas, The LCEF board approved the sponsorship of and
allocated capital to support the establishment of the Lutheran Federal Credit Union to serve solely the members and the ministries
of the LCMS; and
Whereas, LCEF has and continues prayerfully to work with
and encourage ministries facing financial challenges, providing
opportunities for the ministries to address the issues confronting them; and
Committee 10 Chairman Dwayne Lueck
“10. Stewardship: Funding the Mission”

U P O N T H I S R O C K • Resolutions |

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