To Amend Bylaw 3.6.4.3 to Increase the Number of Lutheran Church Extension Fund Directors Elected by the Synod in Convention from Three to Four

Rationale During a review of Lutheran Church Extension Fund (LCEF)’s Articles and Bylaws, the Commission on Constitutional Matters stated the following in Opinion 24-3024, dated March 15–16, 2024: “Synod Bylaw 3.6.1.3 (a) provides that a minimum of one-third of the voting members of the governing board of a synodwide corporate entity [including LCEF] shall be elected by the Synod in convention. Thus, with three voting members elected by the convention, LCEF’s board may contain no more than six appointed voting members; it presently has eight.” In order to comply with the opinion, LCEF must either: (i) reduce the number of Directors elected by LCEF’s members from eight to six, (ii) increase the number of Directors elected by the Synod in convention from three to four, or (iii) implement some other combination that complies with the mathematical conclusion of the opinion. The Board of Directors of LCEF has resolved that it is in the best interest of the good governance of LCEF, balancing the need for sufficient voices with that to avoid having too many voices, to increase the number of Directors elected by the Synod in convention from three to four. To implement this change, it will be necessary to revise Synod Bylaw 3.6.4.3 [1], a bylaw that only applies to LCEF. Therefore be it

Resolved, That Bylaw 3.6.4.3 (1) be amended as follows: PRESENT/PROPOSED WORDING The Lutheran Church Extension Fund—Missouri Synod 3.6.4.3 The board of directors for the Lutheran Church Extension Fund—Missouri Synod shall consist of such number of directors as are specified in the bylaws of the Lutheran Church Extension Fund—Missouri Synod. All voting members of the board of directors of the Lutheran Church Extension Fund—Missouri Synod shall serve a maximum of four three-year terms. convention and shall include one ordained or commissioned minister and two three laypersons.