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New program gives Thrivent Financial members a voice in charitable giving
| MINNEAPOLIS (July 20, 2010) – Thrivent Financial for Lutherans today launched Choice DollarsSM, a new component of its Thrivent ChoiceSM charitable grant program. Choice Dollars enables eligible Thrivent Financial members to help direct a portion of Thrivent Financial charitable funds to Lutheran organizations and congregations. Eligible members can choose to help direct funds to more than 18,000 separate organizations enrolled in the program by recommending how an amount of funds should be spent.
Eligibility for the program is based on a member’s annual insurance premiums from qualifying products, contract values in qualifying products and/or volunteer leadership in various Thrivent Financial roles. Most eligible benefit members will be able to help direct between $25 and $100 annually, and some may be able to help direct as much as $500, based on their financial and volunteer involvement in the organization. Choice Dollars, which will annually deliver tens-of-millions of dollars to worthy Lutheran organizations and congregations, is designed to increase the percentage of Thrivent members involved in helping to direct a portion of charitable funds. Thrivent Financial members can help direct Choice Dollars designated to them at Thrivent.com/thriventchoice or by calling 1-800-847-4836 and saying “Thrivent Choice”. “Our research indicated that many of our members are interested in the opportunity to serve their communities by helping decide how charitable funds are distributed,” said Brad Hewitt, Thrivent Financial president and CEO. “Choice DollarsSM is designed to be a fast, fair and efficient means for our members to do this.” A separate component of Thrivent Choice, called Voting Events, offers all Thrivent members age 16 and older the opportunity to vote for a short list of up to 10 national Lutheran and non-Lutheran organizations to which they would like a portion of charitable grant funds distributed. Voting Events are held once or twice each year and funds are then distributed on the basis of the percentage of votes received by each organization during the voting period. Earlier this spring, Thrivent members voted in how to distribute $1 million among 10 national charities. In 2009, Thrivent Financial provided $113 million to help congregations, communities and nonprofit organizations. Thrivent ChoiceSM is one of many ways that Thrivent Financial gives back. About Thrivent Financial for Lutherans Thrivent Financial for Lutherans is a not-for-profit, Fortune 500 financial services membership organization helping approximately 2.6 million members achieve financial security 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 creates and supports national outreach programs and activities that help congregations, schools, charitable organizations and individuals in need. For more information, visit Thrivent.com. Also, you can find us on Facebook and Twitter. Insurance products issued or offered by Thrivent Financial for Lutherans, Appleton, WI. Not all products are available in all states. Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, 800-847-4836, 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. For additional important disclosure information, please visit Thrivent.com/disclosures. -END- 201003073 |
| 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 | ||
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