Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2020
Open to Public Inspection
Name of the organization
Thrivent Financial for Lutherans
 
Employer identification number

39-0123480
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2020
Schedule L (Form 990 or 990-EZ) 2020
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) DAVID CAROW BROTHER OF DIRECTOR 149,246 EMPLOYMENT   No
(2) BRADFORD HEWITT FORMER OFFICER 7,974,046 CHARITABLE CONTRIBUTION   No
(3) JESSE TIMM SON OF FORMER OFFICER 36,038 EMPLOYMENT   No
(4) TERESA BEARROOD SPOUSE OF FORMER OFFICER 67,301 EMPLOYMENT   No
(5) ANNA BEARROOD DAUGHTER OF FORMER OFFICER 94,106 EMPLOYMENT   No
(6) PAMELA J MORET FORMER OFFICER 4,486,027 INVESTMENT   No
(7) TERESA RASMUSSEN OFFICER 980,995 DUES   No
(8) PAUL JOHNSTON OFFICER 112,627 INSURANCE PREMIUMS   No
(9) N CORNELL BOGGS DIRECTOR 155,218 CHARITABLE CONTRIBUTION   No
(10) FRED KRAEGEL DIRECTOR 155,218 CHARITABLE CONTRIBUTION   No
(11) BONNIE RAQUET DIRECTOR 155,218 CHARITABLE CONTRIBUTION   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS 1) BRADFORD HEWITT IS A FORMER OFFICER OF THRIVENT AND ALSO SERVES AS THE BOARD CHAIR FOR HABITAT FOR HUMANITY INTERNATIONAL. DURING 2020, THRIVENT MADE CHARITABLE CONTRIBUTIONS OF $7,974,046 TO HABITAT FOR HUMANITY INTERNATIONAL. 2) PAMELA J. MORET IS A FORMER OFFICER OF THRIVENT AND SERVES AS A DIRECTOR FOR BLUE CROSS BLUE SHIELD OF MINNESOTA ("BCBSMN"). IN THE ORDINARY COURSE OF BUSINESS, THRIVENT PAYS BCBSMN TO PERFORM THIRD-PARTY ADMINISTRATIVE SERVICES IN CONNECTION WITH THE MEDICAL INSURANCE PLANS OFFERED TO THRIVENT'S EMPLOYEES. THE AMOUNT PAID DURING 2020 WAS $4,486,027. 3) N. CORNELL BOGGS, FRED KRAEGEL AND BONNIE RAQUET ARE DIRECTORS OF THRIVENT. ALL THREE ARE ALSO DIRECTORS OF VALPARAISO UNIVERSITY. DURING 2020, THRIVENT MADE CHARITABLE CONTRIBUTIONS OF $155,218 TO VALPARAISO. 4) PAUL JOHNSTON IS A DIRECTOR FOR SARGASSO. DURING 2020, THRIVENT PAID SARGASSO $112,627 FOR INSURANCE PREMIUMS. 5) TERESA RASMUSSEN IS AN OFFICER OF THRIVENT. SHE IS ALSO A DIRECTOR OF THE ACLI. DURING 2020, THRIVENT PAID DUES TO ACLI IN THE AMOUNT OF $980,995. 5) SEVERAL INDIVIDUALS LISTED IN PART VII OF FORM 990 (AND WHO ARE ALSO "INTERESTED PERSONS" AS DEFINED BY THE INSTRUCTIONS TO SCHEDULE L) ARE ALSO BENEFIT MEMBERS OF THRIVENT AND THEREFORE OWN LIFE OR HEALTH INSURANCE, AND/OR ANNUITY CONTRACTS ISSUED BY THRIVENT FINANCIAL FOR LUTHERANS. SEVERAL SUCH INDIVIDUALS PAID PREMIUMS FOR THESE CONTRACTS IN 2020 AND THE AGGREGATE PREMIUMS PAYMENTS FOR ONE OR MORE OF THESE MEMBERS EXCEEDED $100,000 DURING THE TAX YEAR. PROVIDING THESE BENEFITS TO MEMBERS FURTHERS THRIVENT'S TAX EXEMPT PURPOSE AS DESCRIBED IN SECTION 501(C)(8) OF THE INTERNAL REVENUE CODE. THERE WAS NO SHARING OF THRIVENT'S REVENUES THAT RESULTED FROM ANY OF THE TRANSACTIONS, WITHIN THE MEANING OF THE SCHEDULE L INSTRUCTIONS. THESE BENEFIT MEMBERS AND THEIR PREMIUM PAYMENT AMOUNTS ARE NOT INDIVIDUALLY DISCLOSED IN THIS INFORMATION RETURN SINCE (1) THE BENEFIT CONTRACTS ISSUED TO THESE MEMBERS WERE ISSUED IN THE NORMAL COURSE OF BUSINESS AND CONTAIN NO FAVORABLE RATES OR TERMS AS COMPARED TO CONTRACTS ISSUED TO OTHER MEMBERS, (2) "MEMBERSHIP DUES" ARE NOT SUBJECT TO REPORTING ON SCHEDULE L, AND PREMIUM PAYMENTS TO THRIVENT FROM MEMBERS ARE LIKE "MEMBERSHIP DUES" FOR THE PURPOSE OF SCHEUDLE L REPORTING, AND (3) TO RESPECT INSURANCE POLICYHOLDER PRIVACY. 6) CERTAIN OFFICERS OF THRIVENT ARE ALSO OFFICERS OF RELATED ORGANIZATIONS REPORTED ON SCHEDULE R OF FORM 990. ALL OF THE BUSINESS TRANSACTIONS FOR THESE SITUATIONS ARE ALREADY REPORTED ON SCHEDULE R, AND THUS, ARE NOT LISTED AGAIN ON SCHEDULE L. FURTHER INFORMATION IS AVAILABLE UPON REQUEST. **************************************************************
Schedule L (Form 990 or 990-EZ) 2020


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