Program areas at Thrivent Financial for Lutherans
As a fraternal benefit society, Thrivent has a legal purpose to provide for the payment of life and other benefits to its members. These benefits are in the form of life insurance and annuities, disability income insurance, long-term care insurance, and medicare supplement insurance.
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 2023, 217,003 Thrivent members and 8,800 others participated in Thrivent choice, with $31.4 million in funding distributed to 35,000 organizations.
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 2023, 105,820 individuals led 157,303 Thrivent action teams around the country. These volunteer teams engaged nearly 2.1 million volunteers who together contributed 14.0 million hours of volunteer time and raised more than $210 million for communitites and causes nationwide.
Grants made by Thrivent Financial for Lutherans
Personnel at Thrivent Financial for Lutherans
| Name | Title | Compensation | Date of data |
|---|
| Teresa Terry Rasmussen | President and Chief Executive Officer | $6,920,027 | 2025-01-24 |
| Carolyn Sakstrup | Executive Vice President, Chief Financial and Investment Officer | | 2025-01-24 |
| David S. Royal | Board Member | $4,581,478 | 2025-01-24 |
| Brett Brunick | Executive Vice President , Chief Human | | 2025-01-24 |
| Kelly Baker | Board Member | | 2025-01-24 |
| ...and 17 more key personnel |
Financials for Thrivent Financial for Lutherans
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $7,193,461,875 | $6,573,165,918 | 9.4% |
| Investment income and dividends | $2,314,297,634 | $2,095,903,787 | 10.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $803,280 | $904,331 | -11.2% |
| Net gain from sale of non-inventory assets | $-61,692,327 | $69,026,018 | -189.4% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $1,189,709,232 | $1,543,948,683 | -22.9% |
| Total revenues | $10,636,579,694 | $10,282,948,737 | 3.4% |
Organizations like Thrivent Financial for Lutherans
| Organization | Type | Location | Revenue |
|---|
| Senior Care Action Network Health Plan (SCAN) | 501(c)(3) | Long Beach, CA | $4,939,028,050 |
| EmblemHealth | 501(c)(4) | New York, NY | $5,316,717,976 |
| SelectHealth Health | 501(c)(4) | Murray, UT | $4,594,278,842 |
| UCare Minnesota | 501(c)(3) | Minneapolis, MN | $6,156,191,357 |
| Wellsense Health Plan | 501(c)(3) | Charlestown, MA | $4,137,750,808 |
| MetroPlus Health Plan | 501(c)(3) | New York, NY | $4,296,189,597 |
| Delta Dental of California | 501(c)(4) | San Francisco, CA | $6,137,780,226 |
| Blue Care Network of Michigan | 501(c)(4) | Detroit, MI | $4,153,996,666 |
| Priority Health | 501(c)(4) | Grand Rapids, MI | $4,806,940,186 |
| HealthPartners | 501(c)(4) | Minneapolis, MN | $3,345,003,598 |
Data update history
January 24, 2025
Updated personnel
Identified 2 new personnel
January 14, 2025
Used new vendors
Identified 2 new vendors, including , and
September 24, 2024
Updated personnel
Identified 2 new personnel
January 2, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Grantmaking organizationsFraternal societiesInsurance companiesHealth organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
ChristianReligiousCommunity engagement / volunteeringTax deductible donationsRelated 527
General information
- Address
- 600 Portland Ave S MSC 7300
- Minneapolis, MN 55415
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- County
- Hennepin County, MN
- Website URL
- thrivent.com/Â
- Phone
- (612) 844-5225
IRS details
- EIN
- 39-0123480
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1902
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- E83: Health Care Financing
- NAICS code, primary
- 52411: Direct Life, Health, and Medical Insurance Carriers
- Parent/child status
- Parent of group exemption
- Central organization
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