Thrivent Financial for Lutherans
Also Known As: Thrivent
Health Insurance
Vault's Scoop
ABOUT THIS COMPANY:
Aid for LutheransMinnesota-based Thrivent Financial for Lutherans and its affiliate companies hold more than $61.9 billion in assets under management, including life insurance, annuities, mutual funds, bank and trust services, and other financial tools and resources for Lutherans across the United States. The company also has a praiseworthy $162-billion life insurance business. Thrivent’s prosperity, at least in terms of size and assets, is relatively new: In 2001, the Aid Association for Lutherans of Appleton, Wis., merged with Lutheran Brotherhood of Minneapolis, and the two were reborn as Thrivent Financial for Lutherans. The fraternal benefit society boasts some 2.6 million members. Together with its members, the organization generated an estimated $429.3 million in charitable donations through fundraising, community-based service and other charitable activities in 2005 and raised an additional amount of $183.6 million in 2008. Thrivent is a truly unique entity—a not-for-profit Fortune 500 financial services organization.
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