The LCMS Board of Directors is granting the college a total of up to $4 million by Dec. 1 — contingent on delivery of specified planning and operating results.
The Nov. 19-20 LCMS Board of Directors meeting includes a joint session with the Council of Presidents, action on some half-dozen resolutions and reports from Synod leaders.
They are among a variety of matters covered at the Nov. 16-19 meeting of the LCMS Council of Presidents, which ended in a joint session with the Synod’s Board of Directors.
At its Aug. 21-22 meeting, the LCMS Board of Directors also establishes regular meetings between top Synod leaders and leaders of Synodwide corporate entities.
Synod Chief Financial Officer Jerald C. Wulf tells the LCMS Board of Directors that the 2016 budget “balances expected revenues against anticipated expenses.”
Follow Reporter on Google News
Follow Reporter on Apple News