Society Governance
Thrivent Financial for Lutherans is a fraternal benefit society existing solely for the benefit of its members and their beneficiaries, Lutheran congregations and institutions. The Society has a representative form of government with each fraternal member's vote carrying equal weight.
Thrivent Financial is a privately held organization, not a publicly traded stock company.
The Society's Purpose
As stated in the Articles of Incorporation (PDF, 146K), the purpose of Thrivent Financial for Lutherans is to bring together Lutherans, their families, and people associated with Lutherans or Lutheran organizations to help themselves and others with programs of:
- Insurance and other benefits permissible under the laws governing fraternals.
- Fraternal and benevolent activities in local branches.
- Assistance to Lutheran congregations and their institutions.
- Assistance to other lawful, social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic, or religious endeavors as the board of directors may determine.
The Society's Supreme Governing Body
As stated in the Articles of Incorporation (PDF, 146K), the chief governing body is a board of directors made up of benefit members.
The Society's Governing Policies
The board of directors of Thrivent Financial for Lutherans has approved policies that contain "best practice" behaviors. These policies are designed to help strengthen the organization's governance. Policies include:
- A Conflict of Interest Policy to identify and manage conflicts or potential conflicts on the part of its directors, officers, employees and agents that might impair their independence of judgment or influence their decisions or actions with respect to the Society's business.
- Governance Guidelines and Principles (PDF, 72K) to provide guidelines on significant Society governance issues.
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