TY 2020 Form 990 Schedule R

Instrumentl eFile RenderObject ID: 202133159349307013 - Rendered 2024-05-05 TIN: 39-0123480

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Go 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

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity
(1) GOLD RING HOLDINGS LLC 600 PORTLAND AVE S MINNEAPOLIS,MN55415 46-2037515	INVESTMENTS	DE	280,294	8,174,841	TFL
(2) NEWMAN FINANCIAL SERVICES LLC 6636 CEDAR AVE S RICHFIELD,MN55423 41-1902733	INSUR. SALES	MN	2,882,430	641,775	TIA
(3) THRIVENT EDUCATION FUNDING LLC 600 PORTLAND AVENUE SOUTH MINNEAPOLIS,MN55415 81-1538357	LENDING	DE	48,511,325	787,719,247	TFL
(4) THRIVENT DISTRIBUTORS LLC 625 PORTLAND AVE S MINNEAPOLIS,MN55415 47-3199809	BROKER/DEALER	DE	81,672,734	17,487,514	HOLDINGS
(5) THRIVENT ASSET MANAGEMENT LLC 600 PORTLAND AVENUE SOUTH MINNEAPOLIS,MN55415 26-2521785	INVEST ADVICE	DE	120,597,972	31,134,307	HOLDINGS
(6) THRIVENT ADVISOR NETWORK LLC 600 PORTLAND AVE S MINNEAPOLIS,MN55415	INVEST ADVICE	DE	3,148,402	7,315,139	HOLDINGS

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)THRIVENT FIN FOR LUTHERANS FOUNDATION 625 FOURTH AVENUE SOUTH MINNEAPOLIS,MN55415 41-1449680	PRIVATE FDTN.	MN	501(c)(3)	PF	TFL	Yes
(2)THRIVENT FINANCIAL FOR LUTHERANS EMP PAC 4321 N BALLARD ROAD APPLETON,WI54919 81-0562041	P.A.C.	WI	527		TFL	Yes

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2020

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Predominant income(related, unrelated, excluded from tax under sections 512-514)	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity		(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership
(1) PACIFIC STREET FUND II LP 123 N WACKER DRIVE CHICAGO,IL60606 94-3436565	INVESTMENTS	DE	TFL	EXCLUDED	48,243,188	200,098,071		No	-3,302,389		No	96.814 %
(2) PACIFIC STREET FUND III LP 123 N WACKER DRIVE CHICAGO,IL60606 46-2898885	INVESTMENTS	DE	TFL	EXCLUDED	124,715,246	409,948,871		No	1,362,719		No	90.333 %
(3) PACIFIC STREET FUND LP 123 N WACKER DR SUITE 3220 CHICAGO,IL60606 02-0755424	INVESTMENTS	DE	TFL	EXCLUDED	-2,914,277	17,956,898		No	211,313		No	99.603 %
(4) PACIFIC STREET FUND IV LP 123 N WACKER DR SUITE 3220 CHICAGO,IL60606 38-4021051	INVESTMENTS	DE	TFL	EXCLUDED	-3,993,865	396,047,136		No	-9,277,524		No	88.567 %
(5) WHITE ROSE FUND I EQUITY DIRECT LP 901 MARQUETTE AVE MINNEAPOLIS,MN55402 30-0439087	INVESTMENTS	DE	TFL	EXCLUDED	6,596,489	12,469,237		No	0		No	99.307 %
(6) WHITE ROSE FUND I FUND OF FUNDS LP 901 MARQUETTE AVE MINNEAPOLIS,MN55402 30-0439082	INVESTMENTS	DE	TFL	EXCLUDED	-4,987,329	49,935,583		No	4,414		No	99.828 %
(7) THRIVENT WHITE ROSE FUND II EQUITY LP 901 MARQUETTE AVE MINNEAPOLIS,MN55402 51-0659163	INVESTMENTS	DE	TFL	EXCLUDED	-51,760	25,760,722		No	0		No	99.275 %
(8) THRIVENT WHITE ROSE FUND II FUND OF FUND 901 MARQUETTE AVE MINNEAPOLIS,MN55402 51-0659149	INVESTMENTS	DE	TFL	EXCLUDED	34,561	50,148,192		No	-428,602		No	99.963 %
(9) THRIVENT WHITE ROSE III EQUITY DIRECT 901 MARQUETTE AVE MINNEAPOLIS,MN55402 26-3900532	INVESTMENTS	DE	TFL	EXCLUDED	61,761	23,778,114		No	-392		No	99.269 %
(10) THRIVENT WHITE ROSE III FUND OF FUNDS 901 MARQUETTE AVE MINNEAPOLIS,MN55402 26-3900624	INVESTMENTS	DE	TFL	EXCLUDED	35,113,108	82,329,984		No	92,945		No	98.568 %
(11) THRIVENT WHITE ROSE FUND III MEZZ DIRECT 901 MARQUETTE AVE MINNEAPOLIS,MN55402 26-3900714	INVESTMENTS	DE	TFL	EXCLUDED	-1,213,150	0		No	0			94.373 %
(12) THRIVENT WHITE ROSE FUND IV EQUITY DIR 901 MARQUETTE AVE MINNEAPOLIS,MN55402 27-4527323	INVESTMENTS	DE	TFL	EXCLUDED	-674,846	27,561,087		No	143,048		No	98.936 %
(13) THRIVENT WHITE ROSE FUND IV FUND OF FUND 901 MARQUETTE AVE MINNEAPOLIS,MN55402 27-4527676	INVESTMENTS	DE	TFL	EXCLUDED	35,652,541	95,814,104		No	-6,843		No	98.967 %
(14) THRIVENT WHITE ROSE FUND V EQUITY DIRECT 901 MARQUETTE AVE MINNEAPOLIS,MN55402 80-0773644	INVESTMENTS	DE	TFL	EXCLUDED	829	3,263,681		No	0		No	99.051 %
(15) THRIVENT WHITE ROSE V FUND OF FUNDS 901 MARQUETTE AVE MINNEAPOLIS,MN55402 30-0712736	INVESTMENTS	DE	TFL	EXCLUDED	20,625,837	83,983,252		No	2,469,683		No	99.097 %
(16) THRIVENT WHITE ROSE VI EQUITY DIRECT 901 MARQUETTE AVE MINNEAPOLIS,MN55402 36-4751484	INVESTMENTS	DE	TFL	EXCLUDED	10,922,973	7,158,884		No	0			94.038 %
(17) THRIVENT WHITE ROSE VI FUND OF FUNDS 901 MARQUETTE AVE MINNEAPOLIS,MN55415 80-0884297	INVESTMENTS	DE	TFL	EXCLUDED	3,981,926	74,814,126		No	-115,982		No	99.867 %
(18) THRIVENT WHITE ROSE VII EQUITY DIRECT 901 MARQUETTE AVE MINNEAPOLIS,MN55402 46-4500965	INVESTMENTS	DE	TFL	EXCLUDED	111,431	32,906,110		No	0		No	98.856 %
(19) THRIVENT WHITE ROSE VII FUND OF FUNDS 901 MARQUETTE AVE MINNEAPOLIS,MN55402 46-4489978	INVESTMENTS	DE	TFL	EXCLUDED	-3,053,657	93,194,171		No	-3,433,456		No	99.831 %
(20) THRIVENT WHITE ROSE VIII EQUITY DIRECT 625 FOURTH AVE S MINNEAPOLIS,MN55415 47-2561485	INVESTMENTS	DE	TFL	EXCLUDED	-2,788,954	80,045,016		No	0		No	98.634 %
(21) THRIVENT WHITE ROSE VIII FUND OF FUNDS 901 MARQUETTE AVE MINNEAPOLIS,MN55402 47-2565241	INVESTMENTS	DE	TFL	EXCLUDED	21,540,153	154,454,736		No	7,061		No	97.141 %
(22) THRIVENT WHITE ROSE IX EQUITY DIRECT LP 901 MARQUETTE AVE MINNEAPOLIS,MN55402 81-0709375	INVESTMENTS	DE	TFL	EXCLUDED	26,199	83,609,688		No	0		No	98.620 %
(23) THRIVENT WHITE ROSE IX FUND OF FUNDS 901 MARQUETTE AVE MINNEAPOLIS,MN55402 81-0725894	INVESTMENTS	DE	TFL	EXCLUDED	24,281,758	252,240,131		No	-119,003		No	99.881 %
(24) THRIVENT WHITE ROSE X EQUITY DIRECT LP 901 MARQUETTE AVE MINNEAPOLIS,MN55402 81-4575314	INVESTMENTS	DE	TFL	EXCLUDED	-11,272,602	143,169,369		No	0		No	98.296 %
(25) THRIVENT WHITE ROSE X FUND OF FUNDS 901 MARQUETTE AVE MINNEAPOLIS,MN55402 81-4560711	INVESTMENTS	DE	TFL	EXCLUDED	11,961,850	238,898,174		No	-47,439		No	99.881 %
(26) THRIVENT WHITE ROSE XI EQUITY DIRECT LP 901 MARQUETTE AVE MINNEAPOLIS,MN55402 82-2466553	INVESTMENTS	DE	TFL	EXCLUDED	11,575,710	258,357,165		No	0		No	98.582 %
(27) ROYALS INVESTMENT FUND LLC 3900 BETHEL DR MINNEAPOLIS,MN55112 82-2482592	INVESTMENTS	MN	TFL	EXCLUDED	91,037	1,170,649		No	0		No	78.430 %
(28) MERIDIAN REALTY PARTNERS TE I LP 3 BETHESDA METRO CENTER STE 1400 BETHESDA,MD20814 27-5234365	INVESTMENTS	DE	TFL	EXCLUDED	290,778	9,038,253		No	0		No	99.618 %
(29) NLV SAGEBRUSH LLC 848 N RAINBOW BLVD 1846 LAS VEGAS,NV89107 38-3735863	REAL ESTATE	NV	TFL	EXCLUDED	-75,642	276,143		No	0			50.000 %
(30) LAMB II SAGEBRUSH LLC 99 ALADEN BLVD 565 SAN JOSE,CA95113 20-8335381	REAL ESTATE	CA	TFL	EXCLUDED	-22,133	4,647,176		No	0			80.000 %
(31) 610 JARVIS LLC 1960 THE ALAMEDA 20 SAN JOSE,CA95126 26-0443499	REAL ESTATE	CA	TFL	EXCLUDED	51,078	5,782,014		No	0			90.000 %
(32) THRIVENT WHITE ROSE REAL ESTATE I FUND 901 MARQUETTE AVE MINNEAPOLIS,MN55402 81-5359083	INVESTMENTS	DE	TFL	EXCLUDED	2,302,127	175,872,609		No	1,322,992		No	99.120 %
(33) THRIVENT WHITE ROSE XI FUND OF FUNDS 901 MARQUETTE AVE MINNEAPOLIS,MN55402 82-2480104	INVESTMENTS	DE	TFL	EXCLUDED	482,347	301,794,954		No	-1,809,936		No	99.871 %
(34) THRIVENT WHITE ROSE XII EQUITY DIRECT 901 MARQUETTE AVE MINNEAPOLIS,MN55402 83-2390402	INVESTMENTS	DE	TFL	EXCLUDED	-2,807,264	294,744,671		No	-2,820,693		No	99.112 %
(35) THRIVENT WHITE ROSE OPPORTUNITY FUND LP 901 MARQUETTE AVE MINNEAPOLIS,MN55402 82-4680577	INVESTMENTS	DE	TFL	EXCLUDED	12,763,535	151,754,733		No	67,651		No	99.266 %
(36) THRIVENT WHITE ROSE REAL ESTATE FUND II 901 MARQUETTE AVE MINNEAPOLIS,MN55402 82-5330642	INVESTMENTS	DE	TFL	EXCLUDED	2,367,560	101,021,415		No	-53,505		No	99.683 %
(37) WHITE ROSE GP I LLC 901 MARQUETTE AVE MINNEAPOLIS,MN55402 30-0439077	INVESTMENTS	DE	TFL	EXCLUDED	42,462	461,638		No	34		No	60.875 %
(38) THRIVENT WHITE ROSE FUND XII FOF LP 901 MARQUETTE AVE MINNEAPOLIS,MN55402 83-2416952	INVESTMENTS	DE	TFL	EXCLUDED	4,677,211	205,676,776		No	-783,036		No	99.919 %
(39) THRIVENT WHITE ROSE FUND XIII EQUITY DIR 901 MARQUETTE AVE MINNEAPOLIS,MN55402 84-3241659	INVESTMENTS	DE	TFL	EXCLUDED	224,227	196,709,750		No	-7,222		No	98.590 %
(40) THRIVENT WHITE ROSE FUND XIII FOF LP 901 MARQUETTE AVE MINNEAPOLIS,MN55402 84-3221508	INVESTMENT	DE	TFL	EXCLUDED	7,794	66,178,697		No	-33,104		No	99.933 %
(41) THRIVENT WHITE ROSE ENDURANCE FUND LP 901 MARQUETTE AVE MINNEAPOLIS,MN55402 84-3221314	INVESTMENTS	DE	TFL	EXCLUDED	7,336,391	192,548,903		No	1,272,842		No	99.732 %
(42) PACIFIC STREET FUND V LP 123 N WACKER DRIVE CHICAGO,IL60606 85-2235884	INVESTMENTS	DE	TFL	EXCLUDED	0	13,313,824		No	-444,301		No	99.488 %
(43) THRIVENT WHITE ROSE FUND GP V LLC 901 MARQUETTE AVE SUITE 2500 MINNEAPOLIS,MN55402 36-4719776	INVESTMENTS	DE	TFL	EXCLUDED	17,872	318,518		No	2,399		No	64.000 %
(44) TWIN BRIDGE NARROW GATE FUND LP 123 N WACKER DRIVE CHICAGO,IL60606 84-1828756	INVESTMENTS	DE	TFL	EXCLUDED	202,402	31,312,007		No	-157,274		No	76.392 %
(45) THRIVENT WHITE ROSE REAL ESTATE FUND III 901 MARQUETTE AVE MINNEAPOLIS,MN55402 84-5082750	INVESTMENTS	DE	TFL	EXCLUDED	-594,486	21,513,148		No	-597,301		No	99.900 %

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No
(1) THRIVENT FINANCIAL HOLDINGS INC 600 PORTLAND AVE S MINNEAPOLIS,MN55415 39-1559369	HOLDING CO.	DE	TFL	C	17,359,942	185,030,337	100.000 %	Yes
(2) THRIVENT TRUST COMPANY 600 PORTLAND AVE S MINNEAPOLIS,MN55415 39-1932303	BANKING	MN	HOLDINGS	C	80,312,002	72,207,870	100.000 %	Yes
(3) NORTH MEADOWS INVESTMENT LTD 600 PORTLAND AVE S MINNEAPOLIS,MN55415 39-1534368	REAL ESTATE	WI	HOLDINGS	C	3,914	1,005,774	100.000 %	Yes
(4) THRIVENT TRUST COMPANY OF TENNESSEE INC 600 PORTLAND AVE S MINNEAPOLIS,MN55415 85-3932468	FINANCIAL PLAN'G	TN	THRIVENT TRUST	C	0	0	100.000 %	Yes
(5) THRIVENT INVESTMENT MANAGEMENT INC 600 PORTLAND AVE S MINNEAPOLIS,MN55415 39-1559375	BROKER/DEALER	DE	HOLDINGS	C	464,777,792	71,785,329	100.000 %	Yes
(6) THRIVENT FINANCIAL INVESTOR SERVICES INC 600 PORTLAND AVE S MINNEAPOLIS,MN55415 25-1200088	TRANSFER AGEN	PA	HOLDINGS	C	24,642,398	52,018,008	100.000 %	Yes
(7) THRIVENT INSURANCE AGENCY INC 625 PORTLAND AVE S MINNEAPOLIS,MN55415 41-1780150	INS BROKERAGE	MN	HOLDINGS	C	7,379,543	1,623,774	100.000 %	Yes
(8) THRIVENT SERIES FUND INC 625 FOURTH AVENUE SOUTH MINNEAPOLIS,MN55415	MUTUAL FUND	MN	TFL	C	754,858,607	48,439,541,796	100.000 %	Yes
(9) THRIVENT CASH MANAGEMENT TRUST 600 PORTLAND AVE S MINNEAPOLIS,MN55415 20-1467561	MUTUAL FUND	MA	TFL	C	2,480,138	391,008,659	61.300 %	Yes
(10) WHITE ROSE VII EQUITY DIRECT CORPORATION 600 PORTLAND AVE S MINNEAPOLIS,MN55415 47-2591235	INVESTMENTS	DE	WHITE ROSE VII	P	475,382	6,648,853	68.310 %	Yes
(11) WHITE ROSE X EQUITY DIRECT CORPORATION I 600 PORTLAND AVE S MINNEAPOLIS,MN55415 82-1102840	INVESTMENTS	DE	WHITE ROSE X	P	470	9,383,676	98.300 %	Yes
(12) WHITE ROSE X EQUITY DIRECT CORP II 600 PORTLAND AVE S MINNEAPOLIS,MN55415 82-1307437	INVESTMENTS	DE	WHITE ROSE X	P	9,719	57,546,908	98.300 %	Yes
(13) WHITE ROSE XI EQUITY DIRECT CORP I 625 PORTLAND AVE S MINNEAPOLIS,MN55415 82-2982253	INVESTMENTS	DE	WHITE ROSE XI	P	18,685	42,894,204	98.560 %	Yes
(14) WHITE ROSE XI EQUITY DIRECT CORP II 600 PORTLAND AVE S MINNEAPOLIS,MN55415 82-2994923	INVESTMENTS	DE	WHITE ROSE XI	P	1,428,145	24,026,476	98.560 %	Yes
(15) WHITE ROSE XII EQUITY DIRECT CORP I 600 PORTLAND AVE S MINNEAPOLIS,MN55415 83-2406385	INVESTMENTS	DE	WHITE ROSE XII	P	33,272	45,214,334	99.110 %	Yes
(16) WHITE ROSE XII EQUITY DIRECT CORP II 600 PORTLAND AVE S MINNEAPOLIS,MN55415 83-2417427	INVESTMENT	DE	WHITE ROSE XII	P	13,535,329	832,417,427	99.110 %	Yes

Schedule R (Form 990) 2020

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

Yes

b Gift, grant, or capital contribution to related organization(s) ............................

Yes

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

Yes

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

Yes

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

Yes

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

Yes

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) THRIVENT FINANCIAL HOLDINGS & SUBS	L, Q	86,786,084	CASH TRANSFER
(2) PACIFIC STREET FUND II	S	52,777,941	CASH TRANSFER
(3) THRIVENT TRUST COMPANY	A,J	68,310	CASH TRANSFER
(4) THRIVENT SERIES FUND INC	L	195,672,262	CASH TRANSFER
(5) THRIVENT SERIES FUND INC	S	1,970,526,133	CASH TRANSFER
(6) THRIVENT CASH MANAGEMENT TRUST	L	160,000	CASH TRANSFER
(7) THRIVENT CASH MANAGEMENT TRUST	R	3,697,418	CASH TRANSFER
(8) THRIVENT FINANCIAL HOLDINGS INC	S	77,000,000	CASH TRANSFER
(9) PACIFIC STREET FUND III LP	S	131,440,963	CASH TRANSFER
(10) PACIFIC STREET FUND IV LP	B	129,506,643	CASH TRANSFER
(11) PACIFIC STREET FUND LP	S	20,465,933	CASH TRANSFER
(12) THRIVENT WITE ROSE ENDURANCE FUND LP	B	145,114,631	CASH TRANSFER
(13) THRIVENT WHITE ROSE FUND II FOF LP	S	17,162,638	CASH TRANSFER
(14) THRIVENT WHITE ROSE FUND III FOF LP	S	33,346,521	CASH TRANSFER
(15) THRIVENT WHITE ROSE FUND III MEZZANINE DIRECT	S	155,836	CASH TRANSFER
(16) THRIVENT WHITE ROSE FUND IV EQUITY DIRECT LP	B	2,691,417	CASH TRANSFER
(17) THRIVENT WHITE ROSE FUND IV FOF LP	S	61,709,197	CASH TRANSFER
(18) THRIVENT WHITE ROSE FUND IX EQUITY DIRECT LP	S	32,268,398	CASH TRANSFER
(19) THRIVENT WHITE ROSE FUND IX FUND OF FUNDS LP	B	1,408,248	CASH TRANSFER
(20) THRIVENT WHITE ROSE FUND X EQUITY DIRECT LP	S	8,821,193	CASH TRANSFER
(21) THRIVENT WHITE ROSE FUND X FUND OF FUNDS LP	B	76,181,458	CASH TRANSFER
(22) THRIVENT WHITE ROSE FUND XI EQUITY DIRECT LP	B	17,241,739	CASH TRANSFER
(23) THRIVENT WHITE ROSE FUND XI FUND OF FUNDS LP	B	95,555,662	CASH TRANSFER
(24) THRIVENT WHITE ROSE FUND XII FUND OF FUNDS LP	B	85,470,687	CASH TRANSFER
(25) THRIVENT WHITE ROSE FUND XIII EQUITY DIRECT	B	186,920,167	CASH TRANSFER
(26) THRIVENT WHITE ROSE FUND XIII FUND OF FUNDS	B	45,381,460	CASH TRANSFER
(27) THRIVENT WHITE ROSE OPPORTUNITY FUND LP	B	100,000,000	CASH TRANSFER
(28) THRIVENT WHITE ROSE FUND V EQUITY DIRECT LP	S	749,560	CASH TRANSFER
(29) THRIVENT WHITE ROSE FUND V FUND OF FUNDS LP	S	30,731,975	CASH TRANSFER
(30) THRIVENT WHITE ROSE FUND GP V LLC	S	129,150	CASH TRANSFER
(31) THRIVENT WHITE ROSE FUND VI EQUITY DIRECT LP	S	15,132,175	CASH TRANSFER
(32) THRIVENT WHITE ROSE FUND VI FUND OF FUNDS LP	S	6,556,610	CASH TRANSFER
(33) THRIVENT WHITE ROSE FUND VII EQUITY DIRECT LP	S	1,988,823	CASH TRANSFER
(34) THRIVENT WHITE ROSE FUND VII FUND OF FUNDS LP	S	7,447,007	CASH TRANSFER
(35) THRIVENT WHITE ROSE VIII EQUITY DIRECT LP	B	8,055,142	CASH TRANSFER
(36) THRIVENT WHITE ROSE FUND VIII FUND OF FUNDS	S	8,795,027	CASH TRANSFER
(37) TWIN BRIDGE NARROW GATE FUND LP	B	22,688,625	CASH TRANSFER
(38) THRIVENT WHITE ROSE FUND I EQUITY DIRECT LP	S	20,265,493	CASH TRANSFER
(39) THRIVENT WHITE ROSE I FUND OF FUNDS	S	7,345,811	CASH TRANSFER
(40) THRIVENT WHITE ROSE FUND GP I LLC	S	146,045	CASH TRANSFER
(41) THRIVENT WHITE ROSE REAL ESTATE FUND I FOF	B	54,761,052	CASH TRANSFER
(42) THRIVENT WHITE ROSE REAL ESTATE FUND II LP	B	57,516,720	CASH TRANSFER
(43) THRIVENT WHITE ROSE REAL ESTATE FUND III LP	B	16,854,484	CASH TRANSFER
(44) MERIDIAN REALTY PARTNERS TE I LP	B	488,948	CASH TRANSFER
(45) LAMB II SAGEBRUSH LLC	B	48,000	CASH TRANSFER
(46) 610 JARVIS LLC	S	270,000	CASH TRANSFER
(47) NLV SAGEBRUSH	S	2,891,350	CASH TRANSFER

Schedule R (Form 990) 2020

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) 2020

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) 2020

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