Celebrating impact, performance and growth
Dear Thrivent clients:
As we celebrate Thrivent’s 2024 impact, performance and growth, we want you to know how deeply grateful we are for your business. We also want to express our gratitude for your trust and the selfless expressions of service and faith you bring to life every day. Thanks to your partnership and trust, together we achieved inspiring milestones during the year.
Driving impact
Thrivent has a long legacy of positively affecting those around us with and through our clients—and that strengthened last year. In 2024:
- 2.7 million clients and others volunteered or donated.
- 14.9 million hours of time and talent were invested by clients and others.
- $331.4 million in total funds were raised and donated by Thrivent, clients and others.
Through
From everyone at Thrivent, thank you for using your God-given gifts to make a difference.
Delivering value
We also continued to build Thrivent’s financial strength and stability. We grew our adjusted surplus to $17.8 billion by the end of 2024, which is the strongest capital position in Thrivent’s history.
Our financial strength means that our members get to share in our success. In 2025, Thrivent will provide $564 million in
Growing sales
As Thrivent grows, we’re able to meet more of your needs. In 2024, we delivered enterprise revenue (the total income we receive from all sources, including sales) of $12 billion, which was a 14% increase from 2023.
Our strong performance enables us to provide you with personal, actionable
Money does mean more
For Thrivent and our clients, finances are more than personal. They include loved ones, those in need, our communities and causes we hold dear. And even though our goal is to help you navigate your financial path, our purpose is to make it mean so much more.
Thank you for joining us on this journey and for trusting Thrivent to serve you. We look forward to a blessed 2025, right by your side.
| Teresa J. Rasmussen President and CEO | N. Cornell Boggs Board Chair |
Strong, stable and here for our clients
management/
advisement.*
management/
advisement.*
Recognized by others
AM Best
Highest of 13 rating categories.²
August 2024
Moody’s Investors Service
Third highest of the agency’s 21 rating categories.²
July 2024
S&P Global Ratings
Second highest of its 20 rating categories.²
March 2024
AM Best
Highest of 13 rating categories.²
August 2024
Moody’s Investors Service
Third highest of the agency’s 21 rating categories.²
July 2024
S&P Global Ratings
Second highest of its 20 rating categories.²
March 2024
Putting purpose into action
Advice & solutions
for a range of needs
1Dividends and policy enhancements are not guaranteed.
2Ratings are based on Thrivent’s financial strength and claims-paying ability. Does not apply to investment product performance. For information on each rating, visit the individual rating agency’s website.
3“World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC. For details, visit worldsmostethicalcompanies.com.
4Over 1,000 entries for the 2024 Fast Company Brands that Matter Award were submitted via Fastcompany.com between May 3 and June 14, 2024, which included an application fee. Responses to application questions were based on each brand’s actions during the previous 12 months. A Fast Company panel of writers and editors with expertise in each of the 30 award categories and industries reviewed applications through a first round of judging, then had a period of discussion and debate to create shortlists for each category and ultimately determine which brands made the final list. Brands were judged on three themes to ultimately find the best examples of what all brands should aspire to be, including cultural relevance, ingenuity and business impact. There were 119 winners notified on August 15, 2024. Thrivent was recognized as an honoree in the Enduring Impact: 15+ Years in Business category and did not play a role in determining the winners.
Member benefits and programs are not guaranteed contractual benefits. The interpretation of the provisions of these benefits and programs is at the sole discretion of Thrivent. Membership benefits are reviewed and evaluated regularly. Thrivent reserves the right to change, modify, discontinue or refuse to provide any of the membership benefits or any part of them, at any time. You should never purchase or keep insurance or annuity products to be eligible for nonguaranteed membership benefits. You should only purchase and keep insurance and annuity products that best meet the financial security needs of you and your family. Consider the cost, features, and benefits of specific insurance and/or annuity products.
The Thrivent Choice® charitable grant program engages Thrivent clients with Membership and Thrivent Member Networks in providing grants that support charitable activities, furthering Thrivent’s mission and its purposes under state law. All grant decisions, including grant recipients and amounts, are made at the sole discretion of Thrivent. Directing Choice Dollars® is subject to the program’s terms and conditions available at thrivent.com/thriventchoice.