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Financial Statement Summary: Endowment Fund Balances and Budgeted Revenue and Expenditures

This financial statement provides a summary of the District of The Lutheran Church-Missouri Synod's endowment fund balances, including netted earnings and losses, permanently restricted gifts, temporarily restricted earnings and losses, and total funds. It also includes information on the funds invested in LCEF, Vanguard, and American Funds through StifelNicolaus. Additionally, it outlines the budgeted revenue and expenditures for the upcoming fiscal year, as well as the breakdown of expenses for various categories such as scholarships, building and equipment, ministry and programs, auditing, insurance, legal, communications, travel, mission grants, synod conferences, salaries and benefits, administration, and support from district supporters.

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Financial Statement Summary: Endowment Fund Balances and Budgeted Revenue and Expenditures

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  1. Sally L. Naglich Treasurer English District of The Lutheran Church-Missouri Synod

  2. Financial Statement Summary

  3. Financial Statement Summary

  4. Financial Statement Summary

  5. Endowment FundFiscal Year Ending 1/31/2016 Balances Board Designated – Netted with Earnings(Losses) $1,291,381 Permanently Restricted - Gifts to Fund $17,207 Permanently Restricted - Gifts for Scholarships $35,000 Earnings (Losses) - Temporarily Restricted $(2,809) Total $1,340,779 Funds invested in: LCEF (19%) Vanguard (46%) American Funds through StifelNicolaus (35%)

  6. Budgeted RevenueFiscal Year Ending 1/31/2017

  7. Budgeted ExpendituresFiscal Year Ending 1/31/2017

  8. Breaking down a $1 gift Board of Directors Scholarships Equip./Bldg. Ministry/Programs Audit/Insur./Legal Communications Travel Mission Grants Synod Conferences Salaries/Benefits Administration

  9. District Supporters

  10. District Supporters

  11. District Supporters

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