Thrivent Financial for Lutherans Foundation
- Assets
- $0.0
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/1983
- Data as of
- 11/2020
- EIN
- 41-1449680
Organization Overview
Thrivent Financial for Lutherans Foundation is located in Minneapolis, MN. The organization was established in 1983. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations.
For the year ending 11/2020, Thrivent Financial for Lutherans Foundation generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 52.2% each year . All expenses for the organization totaled $4.1m during the year ending 11/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Royal Trustee | 1 | $0 | |
Terry Timm Trustee | 1 | $0 | |
Sarah Jansen Trustee | 1 | $0 | |
Mark Wagner Secretary | 2 | $0 | |
Karen Himle Chair Of The Board Of Trustees | 1 | $0 | |
Michael Dominowski President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $442,500 |
| Interest on Savings | $55,697 |
| Dividends & Interest | $413,009 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,391,009 |
| Capital Gain Net Income | $7,391,009 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $31,511 |
| Total Revenue | $8,333,726 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $315,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $571,270 |
| Total operating and administrative expenses | $911,270 |
| Contributions, gifts, grants paid | $3,180,000 |
| Total expenses and disbursements | $4,091,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thrivent Financial for Lutherans Foundation has recieved totaling $73,962.
| Awarding Organization | Amount |
|---|---|
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: GENERAL SUPPORT | $73,962 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Siebert Lutheran Foundation Inc Milwaukee, WI | $97,193,025 | $11,548,581 |
International Messengers Clear Lake, IA | $5,781,763 | $6,946,691 |
American Lutheran Church Elk Horn, IA | $6,340,352 | $5,973,020 |
Training Leaders International Minneapolis, MN | $2,737,195 | $5,107,369 |
Vcy America Inc Milwaukee, WI | $9,863,404 | $4,388,148 |
Thrivent Financial for Lutherans Foundation Minneapolis, MN | $0 | $8,333,726 |
International Fellowship Of Evangelical Students Usa Inc Madison, WI | $6,456,796 | $6,176,291 |
Wisconsin Evangelical Lutheran Synod Kingdom Workers Inc Waukesha, WI | $3,918,278 | $4,689,109 |
Lutheran Assoc Of Missionaries And Pilots U S Inc Brookfield, WI | $3,097,954 | $2,815,671 |
Presbyterian Student Center Foundation Madison, WI | $14,924,897 | $2,498,602 |
Lutheran Brethren Woodland Lodge Inc Fergus Falls, MN | $3,043,872 | $1,494,856 |
The Family Radio Network Inc Appleton, WI | $3,959,785 | $2,229,878 |