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Thrivent Financial allocates $975,000 in gifts to local taxing entities

Organization shows support for Fox Cities with voluntary contributions


APPLETON, Wis. (Oct. 22, 2008) – In appreciation for the public services available to the organization and its employees, Thrivent Financial for Lutherans has made voluntary contributions to four Fox Cities taxing entities totaling $975,000.

Under Wisconsin law, fraternal benefit societies such as Thrivent Financial may claim a property tax exemption for up to 10 acres of property. Despite the exemption, Thrivent Financial is voluntarily giving $374,381 to the city of Appleton, $315,884 to the Appleton Area School District, $204,740 to Outagamie County and $79,946 to Fox Valley Technical College.

“Thrivent Financial, our employees and their families value the public services we have in the Fox Cities,” said Jon Stellmacher, chief administrative officer and executive vice president of Thrivent Financial. “These voluntary contributions are one way for us to support the programs and services in our community that all area residents have come to rely on each day.”

Thrivent Financial began making voluntary contributions in 1978, when it started to claim the 10-acre exemption on a portion of its Ballard Road property. Since 1978, the organization has voluntarily contributed more than $19 million to area taxing units.

About Thrivent Financial for Lutherans
Thrivent Financial for Lutherans is a Fortune 500 financial services membership organization helping nearly 3 million members achieve their financial goals and give back to their communities. Thrivent Financial and its affiliates offer a broad range of financial products and services including life insurance, annuities, mutual funds, disability income insurance, bank products and more. As a not-for-profit organization, Thrivent Financial sponsors national outreach programs and activities that support congregations, schools, charitable organizations and individuals in need. For more information, visit www.thrivent.com.


Contact Information:
   Brett Weinberg
Director, Public Relations
brett.weinberg@thrivent.com
Phone: (612) 844-4272
   Stacy Eckes-Borys
Senior Media Relations Specialist
stacy.eckes-borys@thrivent.com
Phone: (920) 628-2445

 

 

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Appleton Office:
4321 N. Ballard Road
Appleton, WI 54919-0001 USA

Minneapolis Office:
625 Fourth Avenue S.
Minneapolis, MN 55415-1624 USA

Contact Us
800-THRIVENT
(800-847-4836)

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Insurance products issued by Thrivent Financial for Lutherans, Appleton, WI. Not all products are available in all states. Products issued by Thrivent Financial for Lutherans are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent Financial for Lutherans. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc. They are also licensed insurance agents of Thrivent Financial.

Bank products and trust services are offered through Thrivent Financial Bank, (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, securities, investment advisory services, and trust and investment management accounts are not deposits, are not guaranteed by Thrivent Financial Bank, are not insured by the FDIC or any other federal government agency, and may go down in value.