FORM 990, PART VI, SECTION A, LINE 1 |
THE BOARD OF DIRECTORS DELEGATES SPECIFIED AUTHORITY TO VARIOUS COMMITTEES SUCH AS THE INVESTMENT COMMITTEE WHO HAS THE AUTHORITY TO MAKE INVESTMENT STRATEGY AND MANAGEMENT DECISION ON BEHALF OF THE BOARD. THERE IS NO COMMITTEE WITH FULL AUTHORITY TO ACT ON BEHALF OF THE BOARD. |
FORM 990, PART VI, SECTION A, LINE 4 |
THRIVENT CHARITABLE IMPACT & INVESTING REDUCED THE REQUIRED MINIMUM NUMBER OF BOARD MEMBERS FROM 11 TO 3 AND REMOVED CERTAIN REFERENCES TO FAITH QUALIFICATION REQUIREMENTS. THE AMENDMENT ALSO INCLUDED REMOVING THE TERM LIMITATIONS FOR THE ROLE OF THE BOARD CHAIR. |
FORM 990, PART VI, SECTION B, LINE 11B |
THRIVENT CHARITABLE IMPACT & INVESTING PROVIDES A COPY OF THIS FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY BEFORE FILING THE FORM. |
FORM 990, PART VI, SECTION B, LINE 12C |
THE CONFLICT OF INTEREST POLICY APPLIES TO ALL FOUNDATION EMPLOYEES AND BOARD OF DIRECTORS OR BOARD COMMITTEE MEMBERS ACTING ON BEHALF OF THE ORGANIZATION. ALSO, EVERY YEAR, EACH DIRECTOR OF THRIVENT CHARITABLE IMPACT & INVESTING IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE. QUESTIONNAIRES WILL BE REVIEWED BY THE GENERAL COUNSEL'S OFFICE WITH ANNUAL RESULTS REPORTED BACK TO THE GOVERNANCE COMMITTEE. ORGANIZATION EMPLOYEES MUST PROMPTLY AND FULLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST TO THE GENERAL COUNSEL'S OFFICE. MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS MUST REPORT POTENTIAL CONFLICTS OF INTEREST TO THE GOVERNANCE COMMITTEE OF THE BOARD AND THE GENERAL COUNSEL'S OFFICE. THE BOARD GOVERNANCE COMMITTEE AND/OR GENERAL COUNSEL'S OFFICE WILL INTERPRET AND HELP APPLY THIS POLICY, INCLUDING FACTUAL DETERMINATIONS ON THE EXISTENCE OF ANY CONFLICT OF INTEREST. INFAITH PERSONS MUST ABSTAIN FROM PARTICIPATING IN ANY DECISIONS WHICH THEY HAVE A POTENTIAL CONFLICT OF INTEREST UNTIL THE CONFLICT IS RESOLVED UNDER THIS POLICY. |
FORM 990, PART VI, SECTION B, LINE 15 |
THRIVENT CHARITABLE IMPACT & INVESTING DETERMINES COMPENSATION BY AN INDEPENDENT REVIEW AND APPROVAL OF COMPARISON COMPENSATION IN THE MARKETPLACE. THE REVIEW AND APPROVAL OF COMPENSATION IS CONTEMPORANEOUSLY DOCUMENTED. THE LAST TIME THIS PROCESS TOOK PLACE FOR THE CEO AND KEY EMPLOYEES WAS IN 2019. |
FORM 990, PART VI, SECTION C, LINE 19 |
THRIVENT CHARITABLE IMPACT & INVESTING MAKES ITS GOVERNING BODY DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
FORM 990, PART XI, LINE 9: |
CHANGE IN CASH SURRENDER 5,882,367. CHANGE IN VALUE OF SPLIT-INTEREST -4,928,838. LIFE INSURANCE CONTRACT PREMIUMS -6,249,691. CHANGE IN PERPECTUAL TRUST 20,613. CHANGE IN AMOUNTS HELD FOR THE BENEFIT OF OTHERS -2,630,976. |
FORM 990, PART XII, LINE 2C: |
THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNT HAS NOT CHANGED FROM THE PRIOR YEAR. |