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Minnesota · Nonprofit

Thrivent Financial for Lutherans

Thrivent Financial for Lutherans (Minnesota) receives grants from 1 organization whose IRS filings report $0 to it, the largest being THE COMMUNITY FOUNDATION FOR CARVER COUNTY ($0). 0 of them have funded it in more than one year.

Revenue FY2024
$11.8B
Funders on record
1
Grants received
$0
Net assets
$14.5B
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Thrivent Financial for Lutherans does

Mission

Thrivent Financial for Lutherans is a not-for-profit membership organization of christians. For more than a century, its purpose has been to serve its members and society by guiding both to be wise with money and live generously. Thrivent believes that all we have is a gift from god and that generosity is an expression of faith. Thrivent suceeeds when its members, their families, and their communities thrive. As stated in its articles of incorporation, thrivent enables members through their membership to aid themselves and others in these ways: * by offering programs of insurance and other benefits permissible under the laws governing fraternal benefit societies. * through fraternal and benevolent activities in local lodges. * by providing assistance to lutheran and other christian communities and their institutions. * by assisting with other lawful endeavors as the board of directors may determine, including those that are social, intellectual, educational, charitable, benevolent, mor

As stated on its FY2024 Form 990.

Programs

  1. 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.

  2. 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.

  3. 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.

The 3 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($9.4B) Expenses 100 ($8.9B) Net assets 100 ($8.3B)2018 Revenue 101 ($9.6B) Expenses 94 ($8.4B) Net assets 110 ($9.1B)2019 Revenue 102 ($9.6B) Expenses 97 ($8.6B) Net assets 122 ($10.1B)2020 Revenue 98 ($9.2B) Expenses 96 ($8.6B) Net assets 129 ($10.7B)2021 Revenue 121 ($11.4B) Expenses 99 ($8.8B) Net assets 166 ($13.7B)2022 Revenue 109 ($10.3B) Expenses 103 ($9.1B) Net assets 166 ($13.8B)2023 Revenue 113 ($10.6B) Expenses 114 ($10.1B) Net assets 173 ($14.3B)2024 Revenue 125 ($11.8B) Expenses 126 ($11.2B) Net assets 176 ($14.5B)
'17'18'19'20'21'22'23'24
Revenue (125)Expenses (126)Net assets (176)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $90.5B to $101B (+11%).

$91.0B
$90.5B
$101B
$109B
$116B
$108B
$114B
$118B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$517M
’17
$1.2B
’18
$990M
’19
$657M
’20
$2.6B
’21
$1.1B
’22
$513M
’23
$598M
’24
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Teresa Rasmussen

CEO

Board chair

N Cornell Boggs

Chair of the board

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed4034353738323026
Joined·+3+3+6+3+2+5+2
No longer listed·9242876
03Who funds it
04Its place in the field

Organizations like Thrivent Financial for Lutherans

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

14
board members
93%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 71 related entities

  • Gold Ring Holdings LLC · disregarded
  • Newman Financial Services LLC · disregarded
  • Thrivent Education Funding LLC · disregarded
  • Thrivent Distributors LLC · disregarded
  • Thrivent Asset Management LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Thrivent Financial for Lutherans: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Thrivent Financial for Lutherans?
Thrivent Financial for Lutherans (Minnesota) receives grants from 1 organization whose IRS filings report $0 to it, the largest being THE COMMUNITY FOUNDATION FOR CARVER COUNTY ($0). 0 of them have funded it in more than one year.
How many funders does Thrivent Financial for Lutherans have?
IRS filings report 1 organization giving $0 in grants to Thrivent Financial for Lutherans.
Who is the largest funder of Thrivent Financial for Lutherans?
THE COMMUNITY FOUNDATION FOR CARVER COUNTY is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like Thrivent Financial for Lutherans find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing