Posted: 4/5/06
Thrivent generates $400 million in 2005
Thrivent Financial for Lutherans, a not-for-profit fraternal benefit society, together with its nearly 3 million members produced an estimated $429.3 million impact through fund-raising, community-based service and other charitable activities during 2005. As a faith-based membership organization, Thrivent Financial creates, manages and funds outreach programs that support congregations, schools, non-profits and individuals in need.
In 2005, Thrivent Financial members gave 21.4 million volunteer hours and participated in 96,400 chapter activities.
During 2005, Thrivent Financial made $120.4 million in direct contributions to communities, nonprofit organizations and Lutheran institutions through Thrivent Financial-sponsored programs.
Thrivent Financial members raised and donated $181.8 million through chapter fund-raising events and direct gifts. In addition, member hands-on service volunteer hours were valued at $127.1 million based on a rate reported by Independent Sector, a leadership forum for charities, foundations and corporate giving programs.
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