Synodical Conference Convention Proceedings St. Louis, Missouri — 1950, Page 115

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Ev. Luth. Synodical Conference of North America. 1950 115

Exhibit “A” BALANCE SHEET, JUNE 30, 1950

Current ASSETS

Cash in Bank
Petty Cash Fund

Accounts Receivable

$ 37,638.29 ‘
1,310.00 $ 38,948.29

Stations $ 15,384.10
Real Estate Sales 12,400.00
Missouri Synod .... 18,402.85
Norwegian Synod 102.14
Slovak Synod ...... 520.79
Wisconsin Synod 3,390.50 $ 50,200.38
Advances
African Missions ~....... $ 8,025.31
Automobiles 4,794.27 $ 12,819.58
Investments (Endowments, Legacies, and Insurance Reserve) 46,480.00
Investments (African Funds on Deposit) — 28,000.00
Church Extension Fund, Notes Receivable (Loans) ._. - 107,756.05
‘ $284,204.30
Current LIABILITIES
Deposit for Alabama Trust Fund $ 2,423.51
Deposit for Catherine, Alabama Fund .. - 91.46
Deposit for Memphis Building Fund - .. (Dr) 20,973.82
Deposit for St. Louis, ‘“‘Grace” ..... = 275.71
Deposit for St. Louis, “Grace” _... .. (Dr) 6,863.67
Deposit for Student Reserve Fund —. 50.0
Deposit for Repayment on Church Property 126.95
Deposit on Taxes, Federal Withholding _ 37.20
Deposit on Taxes, City Withholding - 13.96
Deposit on Transitory . 233.44 (Dr) $24,585.26
Chureh Extension Fund --........--_--- : $211,988.88
Church Extension Interest Earned 265.36
African Mission
Earnings on Afr. Miss. Funds Invested $ 1,682.67
Deposit for Secondary and Normal School - 2,645.01
Deposit for Emergency Fund -~........ - 1,167.14
Deposit for Foundling Home - - 1,196.05
Deposit for Girls’ School _.... 4,746.48
Deposit for Lecture Account -_. 2,978.70
Deposit for Library for Seminary 253.08
Deposit for Medical Building -........... 8,038.76
Deposit for Medical Mission Operations . 3,130.37
Deposit for Norizer Machine - 1,000.00
Deposit for 728
Deposit for
Deposit for $ 40,935.90
Endowments and Legacies ..........--.----.---.—------------eesenceconeeececeeeee $ 16,089.63
Reserves
Insurance $ 34,509.79
Mission Fund __......... - 5,000.00 $ 39,509.79
$284,204.30
Exhibit “B” ;
BUDGET DISBURSEMENTS — DOMESTIC MISSIONS
Stations July 1, 1949, to June 30, 1950
Equipment $ 178.09
Expansion _... 14,430.24
Rent Paid, Stations __ —_
Rent Paid, Parsonages 6,177.51
Repairs -:.. 250.0
Salaries 83,830.03
Sundries -.... 1,635.40
Travel Expenses -.. 5,588.39
Gross Cost of Stations _...... $112,089.66
Less Receipts from Stations .... 1,495.77

Net Cost of Stations  —_.-_.----- 2. enn nnee wenn nenene eee $110,593.89

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