LCMS Commission on Constitutional Matters — Minutes St. Louis, Missouri — April 13, 2000, Page 3

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(2) the Vice-President−Finance—Treasurer carries out his duties (Bylaw 3.163) in accord with
the rules and regulations of the Synod and as directed by the Board of Directors of The Lutheran
Church—Missouri Synod;
(3) the Foundation is required to provide investment management services (Bylaw 3.605, a).
However, this bylaw mandates that the Foundation provide these services. It does not mandate that the
Synod and its agencies use these services;
(4) if these funds of the Synod’s educational institutions are to find their way into the Foundation,
they first must go to the Vice-President−Finance—Treasurer of the Synod who then can transfer them to
the Foundation only if required to do so by the rules and regulations of the Synod or by direction of the
Board of Directors of the Synod (Bylaw 3.163).

Therefore, in answer to the question, the educational institutions of the LCMS are not
required to use The Lutheran Church Missouri Synod Foundation as the manager of invested
funds. They are required to deliver invested funds
to the Vice-President−Finance—Treasurer of the Synod or such other person as
may be designated by the Board of Directors of The Lutheran Church—Missouri Synod,
unless precluded by law or the terms of the gift. In such case, the Board of Regents shall
hold and administer the same, in accordance with the terms of the instrument creating
such gift and in accordance with the policies of the Board of Directors of The Lutheran
Church—Missouri Synod (Bylaw 6.03, j, 2).
The Vice-President−Finance—Treasurer of the Synod is then to manage such funds in
accord with the rules and regulations of the Synod and as directed by the Synod’s Board of
Directors.
118. Wyoming District Bylaws (00-2180)
The proposed changes to the Bylaws of the Wyoming District were approved by the
Commission provided that the following concerns are addressed:
(1) In Bylaw 3.605, “Nominations for other Vice Presidents and
Elections,” paragraph b, the Commission recommends that the word “may” in line
2 be reconsidered. Synod’s Bylaw 3.975, a, requires that any person or persons
receiving 75 percent or more of nominating votes cast “shall” be declared elected.
(2) Under Section B, “District Organization,” paragraph c under Bylaw
3.21 “District Officers” appears to be out of place since the positions mentioned
are not District officer positions, suggesting the need for a different title for the
bylaw or a separate heading for this paragraph.
119. Revision of Bylaws re Candidate Status (00-2183)
The Commission gave its approval to the bylaw changes being recommended by the
Council of Presidents regarding non-active roster status, as follows:
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