Thrivent Celebrates $1 Billion in Funds Raised Through its Thrivent Action Teams Program

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Apr 17, 2023, 09:00 ET

Thrivent, together with its clients, organized 1 million volunteer teams and contributed over 90 million hours of community service since the program began in 2014

MINNEAPOLIS, April 17, 2023 /PRNewswire/ -- Thrivent, a Fortune 500 diversified financial services organization, announced today it crossed a significant generosity milestone, successfully raising $1 billion in funds for communities across the country through one million client-led volunteer teams, also known as Thrivent Action Teams. Thrivent Action Teams began in 2014 to provide Thrivent's clients with funding, tools and resources to support the causes and programs most important to them and their communities.

Thrivent Action Teams were built in 2014 after the organization heard from clients that many people don't lead volunteer efforts because of barriers in organizing and funding. Thrivent filled this crucial gap by providing clients with toolkits of marketing resources, "Live Generously" volunteer t-shirts and up to $250 in seed money. This enabled its clients to kickstart volunteer activities with their network of friends, family and neighbors. In the last nine years, one million Thrivent Action Teams have convened to hold food drives for neighbors in need, fundraise for non-profits with global impact and more, reflecting the diverse ways Thrivent clients give back.

"Thrivent was founded over 120 years ago as a faith-based membership-owned organization, and we're unmatched in our focus on generosity and service to the community. We built Thrivent Action Teams as a way to reimagine community giving, in partnership with our clients, through community engagement programs that are easier, more impactful and repeatable," said Carolyn Sakstrup, Chief Growth and Generosity Officer, Thrivent. "Raising $1 billion through one million Thrivent Action Teams speaks to the very heart of what Thrivent is about: empowering our clients to lead lives of purpose, service and faith. These volunteer efforts reflect the compassion and care our clients have for those who need it most in their local communities."

Thrivent's one millionth Action Team was led by Thrivent client Donna Aufdenberg, a horticulturist who has provided nearly 1,000 plants to community gardens in southeast Missouri with Thrivent's support. Every year, she provides vegetable seedlings to community gardens for people who don't typically have access to fresh produce. She became a Thrivent member in 2016 when she received a surprise inheritance and wanted to work with a financial services organization that shared her values of leading with purpose and generosity. Today, hundreds of people in her community have directly benefitted from her efforts over the years. Hear more from Donna here.

For more information about Thrivent Action Teams, click here.

About Thrivent
Thrivent is a diversified financial services organization that helps people achieve financial clarity, enabling lives full of meaning and gratitude. Thrivent and its subsidiary and affiliate companies serve more than 2.3 million clients, offering advice, insurance, investments, banking and generosity products and programs over the phone, online as well as through financial advisors and independent agents nationwide. Thrivent is a Fortune 500 company with $162 billion in assets under management/advisement (as of 12/31/22). Thrivent carries ratings from independent rating agencies which demonstrate the strength and stability of the organization, including an A++ rating from AM Best; an Aa2 rating from Moody's Investors Service; and an AA+ rating from S&P Global Ratings. Ratings are based on Thrivent's financial strength and claims-paying ability, but do not apply to investment product performance. For information on these ratings, visit the rating agency's website. For more information about Thrivent, visit Thrivent.com or find us on Facebook and Twitter .

SOURCE Thrivent