George Cook, international consulting director with Graystone Consulting, shared an overview of the economy, as well as an investment market presentation. LCEF President and CEO Rev. Bart Day reported on LCEF’s 2017 fiscal year performance metrics; announcement of earnings distribution to the Synod and partner districts; and core initiatives for 2018 fiscal year.
To fill a vacant BOD seat in the West Region, members voted and elected Dale Wagner. Wagner is a retired finance executive and sat on the LCEF Rocky Mountain District Loan Committee. To fill a vacancy in the East Central Region, members voted and elected Don Scifres. Scifres is President of SmartFile in Indianapolis and serves on the LCMS Indiana District Board of Directors. Incumbents Michael Kzirian and Mark Pieper, both up for re-election, kept their BOD seats. Additionally, a vacancy in an At-Large position was filled with the election of David Worthington by the LCMS Board of Directors at their November 2017 meeting.
Ending on a strong note
There was a general feeling that the love boldly theme energized the attendees and all the presenters connected back to it. This truth could be seen on display during Sunday’s Divine Service.
Rev. Dr. Ulmer Marshall, first vice president of the Southern District, preached on 1 Corinthians 13:13, the conference verse. He said, “When we are dire and in despair we need to have hope, unconditional love. We need to keep reminding those who are hurting of this truth, through words and deeds, God is love.”
He left the audience with this thought-provoking question: “Does the world know how much we love?”
LCEF, a non-profit organization, has served as the financial extension of the LCMS since 1978, offering funding and resources to congregations, schools and Rostered Church Workers through investment support of LCMS members.
The mission of LCEF is to support the Church in fulfilling its mission of sharing the Gospel of Jesus Christ by being a Christ-centered servant partner of the LCMS, ensuring that funds and services are available now and in the future.