NonprofitsThrivent Financial For Lutherans

Thrivent Financial For Lutherans

MINNEAPOLIS, MN

Total revenue

$11.8B

Total expenses

$11.2B

Net assets

$14.5B

Grants received

$76K

1 grants

EIN

390123480

Tax year

2024

Mission

Thrivent financial for lutherans is a fraternal benefit society operating under the lodge system and providing life, health, and other benefits to its members & dependents

Programs

2 programs

Thrivent action teams is a volunteer program that offers a simple, flexible way for members to bring friends, families, neighbors, and other thrivent members together to make an immediate impact and strengthen their communities through service projects. In 2024, 115,848 individuals led 174,716 thrivent action teams around the country. These volunteer teams engaged nearly 2.2 million volunteers who together contributed 14.8 million hours of volunteer time and raised more than $228 million for communitites and causes nationwide.

The thrivent choice program crowd-sources generosity. Members nomimate nonprofit organizations to be enrolled in the program. The nominated organizations are then reviewed and approved or rejected by the member leaders of thrivent's chapters. Qualifying members can then request that thrivent support enrolled organizations with donations. Thrivent choice also enables members and nonmembers alike to make fee-free online donations of their own money to enrolled organizations. In 2024, 244,805 thrivent members and 5,497 others participated in thrivent choice, with $33.5 million in funding distributed to 36,000 organizations.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$7.9B
Investment income$2.3B
Other revenue$1.6B
Total revenue$11.8B

Expenses

Grants paid$110.6M
Salaries & benefits$820.3M
Fundraising
Other expenses$852.9M
Total expenses$11.2B
Total assets$118.0B
Net assets$14.5B

People

26 listed

NameRoleCompensation

TERESA RASMUSSEN

CEO

Board

$11.7M

55 hrs/wk

DAVID ROYAL

EVP, CFO

Board

$5.8M

55 hrs/wk

PAUL JOHNSTON

EVP, GENERAL COUNSEL

Board

$4.2M

55 hrs/wk

N CORNELL BOGGS

CHAIR OF THE BOARD

Board

$391K

12 hrs/wk

LYNN CRUMP-CAINE

DIRECTOR

Board

$269K

10 hrs/wk

BRADFORD CRESWELL

DIRECTOR

Board

$269K

10 hrs/wk

ERIC DRAUT

DIRECTOR

Board

$269K

10 hrs/wk

KATHRYN MARINELLO

DIRECTOR

Board

$269K

10 hrs/wk

ANGELA RIEGER

DIRECTOR

Board

$244K

10 hrs/wk

DEBORAH ACKERMAN

DIRECTOR

Board

$244K

10 hrs/wk

JILL LOUIS

DIRECTOR

Board

$244K

10 hrs/wk

KENNETH CAROW

DIRECTOR

Board

$244K

10 hrs/wk

NICHOLE PECHET

DIRECOTR

Board

$244K

10 hrs/wk

BRIAN MCGRANE

DIRECTOR

Board

$244K

10 hrs/wk

MARK JESKE

DIRECTOR

Board

$29K

10 hrs/wk

KIRK FARNEY

DIRECTOR

Board

$24K

10 hrs/wk

MARY JANE FORTIN

EVP, COO (FORMER)

Staff

$5.8M

0

ERIC BILGER

FINANCIAL ASSOCIATE

Staff

$3.2M

55 hrs/wk

BRIAN ANDERSON

FINANCIAL ASSOCIATE

Staff

$2.6M

55 hrs/wk

RYAN ECKHARDT

FINANCIAL ASSOCIATE

Staff

$1.5M

55 hrs/wk

JONATHAN DOERING

FINANCIAL ASSOCIATE

Staff

$1.3M

55 hrs/wk

MATTHEW MOLSTRE

FINANCIAL ASSOCIATE

Staff

$1.1M

55 hrs/wk

BRAD HEWITT

CEO (FORMER)

Staff

$130K

0

FREDERICK KRAEGEL

DIRECTOR (FORMER)

Staff

$25K

0

ALICE RICHTER

DIRECTOR (FORMER)

Staff

$25K

0

BONNIE RAQUET

DIRECTOR (FORMER)

Staff

$17K

0

Independent contractors

NOVUS MEDIA LLC

MARKETING CONSULTANT

$29.7M

COFORGE INC

IT CONTRACTOR

$11.7M

IMPROVING MINNESOTA LLC

STAFFING

$9.3M

YORK SOLUTIONS

STAFFING

$9.0M

GOOGLE INC

BRAND MARKETING

$6.9M

Grants received

Showing 1 of 1

FromAmountPurposeYear
$76K
TO TRANSFER ASSETS
2020

Funded by

$76K from 1 funder · 1 grant · 2020

The Community Foundation For

$76K · 1 grant · 2020

Details

EIN390123480
Subsection08
Ruling date1965-03
Formed1902
Employees8385
Volunteers2200000
THRIVENT FINANCIAL FOR LUTHERANS — Mission, Financials & Grants Received | Grantivo