“WELS is financially strong,” says Mr. Kyle Egan, WELS’ chief financial officer. “God continues to bless WELS with the financial gifts needed to maintain current ministry levels and to develop a well-balanced ministry financial plan for the next biennium.”
On Tuesday morning, Egan shared WELS’ recent financial information with synod convention delegates and explained key elements of the proposed ministry financial plan for the upcoming biennium of 2021–23. Following his presentation, delegates approved the ministry financial plan.
Prof. Daniel Balge, a pastor delegate from the Minnesota District, served as chairman of the convention floor committee that dealt with the ministry financial plan. Balge notes that “the plan reflects God’s financial blessings to the Wisconsin Synod. With gratitude for the recent past and with thoughtful confidence for the near future, our synod’s leaders have put forward a plan that energetically supports the sharing of the gospel.”