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Thrivent Financial and its members continue to invest in their communities
Despite ailing economy, organization and members generate nearly $310 million in giving
| MINNEAPOLIS (April 29, 2009) –Thrivent Financial for Lutherans, a not-for-profit financial services organization, announced today that together with its 2.6 million members, it generated $309.8 million in support of communities, congregations and individuals in need in 2008. Thrivent members raised and donated $183.6 million, while Thrivent Financial added $126.2 million in direct contributions to communities, nonprofit organizations and Lutheran institutions.
“Even in uncertain economic times, our members are reaching out,” said Bruce Nicholson, chairman, president, and CEO of Thrivent Financial. “I am privileged to lead an organization that places such importance on helping others.” Thrivent Financial members are organized into 1,357 local groups, called chapters, to plan and execute benevolent, social and educational activities. Last year, through Thrivent-related programs, members of the organization spent 21.3 million hours volunteering in nearly 100,000 activities. In 2008, the organization provided $28.9 million in support of Thrivent Builds with Habitat for Humanity as part of its ongoing alliance with Habitat for Humanity International. Thrivent Financial members and other volunteers with Habitat for Humanity affiliates supported funding and construction of 535 homes through Thrivent Builds Homes, Thrivent Builds Worldwide and the Thrivent Builds Worldwide Gulf Coast Community in 2008. In addition, the Thrivent Financial for Lutherans Foundation provided grants totaling nearly $18 million in 2008. This funding supported the Lutheran community, nonprofit organizations within the Twin Cities and Fox Cities communities (the headquarter cities for the organization), and designated nonprofits through its employee gift-matching program. About Thrivent Financial for Lutherans Thrivent Financial for Lutherans is a Fortune 500 financial services membership organization helping approximately 2.6 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. -END- 200901173 |
| Contact Information: | |||||
| Brett Weinberg Director, Public Relations brett.weinberg@thrivent.com Phone: (612) 844-4272 | Dave Rustad, APR Senior Media Relations Specialist dave.rustad@thrivent.com Phone: (612) 844-7037 | Stacy Eckes-Borys Senior Media Relations Specialist stacy.eckes-borys@thrivent.com Phone: (920) 628-2445 | |||
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