Not-for-Profit News
Thrivent Financial for Lutherans reports third-consecutive year of strong results PDF Print E-mail
News Releases - Not-for-Profit News
Written by Dan Moret   
Monday, 27 February 2012 15:06

Not-for-profit membership organization also reports more than $175 million given to communities in 2011

 

MINNEAPOLIS (Feb. 23, 2012) – Thrivent Financial for Lutherans announced today that its 2011 results led to the third-consecutive year of financial growth for the not-for-profit, Fortune 500 membership organization. Sales, revenue, assets under management, and total adjusted surplus all rose in 2011 and have continued to rise since 2008 despite turbulent economic and market conditions. Thrivent Financial’s statutory revenue climbed to $7.9 billion, up six percent over 2010, and assets under management rose to $75.8 billion, up almost four percent from the previous year.

“For the third consecutive year, Thrivent Financial produced outstanding results,” said Brad Hewitt, president and CEO of Thrivent Financial. “We continue to grow while offering the ongoing strength and stability our members expect from us. Solid business performance and strong investment results are two of the drivers that helped us meet and exceed our target goals.”

Life, health and annuity sales continued to be a major factor in helping Thrivent Financial attain strong results, rising five percent from 2010. Thrivent Financial’s life insurance in force now stands at $170.2 billion, two percent higher than in 2010.

Ongoing strength and stability

Thrivent Financial continues to be one of the strongest and most stable financial services organizations in the industry. The total adjusted surplus of the organization grew seven percent to $5.4 billion in 2011. In addition, Fitch Ratings recently affirmed Thrivent Financial for Lutherans’ AA (Very Strong) rating, the third-highest of Fitch’s 19 categories, and gave the organization a stable outlook. Earlier in 2011, A.M. Best gave Thrivent Financial for Lutherans an A++ (Superior) rating with a stable outlook. A++ (Superior) is the highest of A.M. Best’s 16 ratings categories.

 

Community giving and outreach

Thrivent Financial, its members and employees continue to strengthen communities nationwide. In 2011, Thrivent Financial and its members gave $175.5 million in direct support to charitable organizations, schools, congregations and individuals in need. In addition, the Thrivent Financial for Lutherans Foundation recently announced that it awarded $15.1 million in grants to Lutheran institutions nationwide and nonprofits in Minneapolis/St. Paul and the Fox Cities (Wis.) area.

Thrivent Financial members and other non-members volunteered more than 10.8 million hours in the communities in which they live and work in support of Thrivent Financial projects in 2011. The 3,000 employees of Thrivent Financial also gave more than 71,000 volunteer hours in support of nonprofit organizations in the Twin Cities (Minn.) and Fox Cities (Wis.). Through the Thrivent Gift Multiplier program, employees’ and financial representatives’ donations were matched by the Foundation for a total of $4,646,222. In addition, through the employee giving campaign employees generated an additional $759,000 for nonprofits, which was matched by the Foundation for a total of $1,518,000.

 

 

Thrivent Choice

Thrivent Financial for Lutherans distributed more than $62 million through its Thrivent Choice Dollars program in 2011. More than 20,000 Lutheran congregations and organizations received funding as a result of 259,000 eligible Thrivent Financial members recommending where to distribute a portion of the organization’s charitable funds.

 

Thrivent Builds with Habitat for Humanity

Through its unique partnership, Thrivent Builds with Habitat for Humanity, Thrivent Financial for Lutherans will contribute $9.2 million to fund the construction and rehabilitation of 142 Habitat for Humanity homes in 32 U.S. states and an additional $1 million to support teams building homes around the world in 2012. With this contribution, Thrivent Financial will have contributed $160 million since the program began in 2005, constructing more than 2,600 homes in the U.S. and around the world.

“Our purpose is to help our members be wise with money and to inspire them to live generously,” continued Hewitt. “For more than 100 years, Thrivent Financial has helped its members achieve financial security and give back to their communities. Our ongoing strength and stability will allow us to be there for them for another 100 years.”

 

About Thrivent Financial for Lutherans

Thrivent Financial for Lutherans is a not-for-profit, Fortune 500 financial services membership organization helping approximately 2.5 million members achieve financial security and give back to their communities. Thrivent Financial and its affiliates offer a broad range of financial products and services including life insurance, annuities, mutual funds, disability income insurance, bank products and more. As a not-for-profit organization, Thrivent Financial creates and supports national outreach programs and activities that help congregations, schools, charitable organizations and individuals in need. For more information, visit Thrivent.com. Also, you can find us on Facebook and Twitter.

Insurance products issued or offered by Thrivent Financial for Lutherans, Appleton, WI.  Not all products are available in all states.  Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, 800-847-4836, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent Financial for Lutherans. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc.  They are also licensed insurance agents of Thrivent Financial.

For additional important disclosure information, please visit Thrivent.com/disclosures.

 
Churches United participating in the Alan Feinstein Challenge PDF Print E-mail
News Releases - Not-for-Profit News
Written by Anne Wachal   
Friday, 24 February 2012 15:00
Churches United of the Quad City Area will be participating in the Alan Feinstein challenge

Churches United would like to ask the community to please recognize our long history in operating food pantries and meal sites by supporting our hunger programs beginning March 1 through April 30th.

We have an opportunity to receive other funding from the Alan Feinstein Foundation if we can garner a significant contribution during these 60 days.

Should you feel so moved please designate in the memo line or send us a note you are in your envelope that you are responding to the Feinstein Foundation Challenge.

Churches United will then receive a proportional amount of the $1,000,000 (million) the foundation will be dispersing to hunger agencies all across the country.

Remember, your donation must simply require two things: that it be dated between March 1 and April 30th, 2012 and the Feinstein Foundation must be mentioned somewhere in your mailing.

It has been a tough year and we continue to feed Quad Citians all over the greater Quad City area.

In 2011, our food pantries served over 29,000 families equaling over 102,000 indiivduals. We do make an impact .

So please help us during this time. Thank you!!

For questions or more information contact Churches United at 332-5002 or email us at: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

For information on Alan Feinstein Foundation go to: www.feinsteinfoundation.org

 
Churches United of the Quad City Area will be participating in the Alan Feinstein challenge PDF Print E-mail
News Releases - Not-for-Profit News
Written by Anne Wachal   
Monday, 20 February 2012 15:34

Churches United would like to ask the community to please recognize our long history in operating  food pantries and meal sites by supporting our hunger programs beginning March 1 through April 30th.

We have an opportunity to receive other funding from  the Alan Feinstein Foundation if we can garner a significant contribution during these 60 days.

Should you feel so moved please designate in the memo line or send us a note you are in your envelope that you are responding to the Feinstein Foundation Challenge and mail it to Churches United of the Quad City Area, 2535 Tech Drive – Suite 205, Bettendorf, IA  52722.

Churches United will then receive a proportional amount of the $1,000,000 (million) the foundation  will be dispersing to hunger agencies all across the country.

Remember, your donation must simply require two things: that it be dated between March 1 and April 30th, 2012 and the Feinstein Foundation must be mentioned somewhere in your mailing.

It has been a tough year and we continue to feed people in need all over the greater Quad City area.

In 2011, our food pantries served over 29,000 families equaling over 102,000 individuals. We do make an impact .

So please help us during this time.  Thank you!!

For questions or more information contact Churches United at 332-5002 or email us at: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

For information on Alan Feinstein Foundation  go to: www.feinsteinfoundation.org

 
Unique Birdhouses to be Featured at Diamonds or Denim PDF Print E-mail
News Releases - Not-for-Profit News
Written by Sarah Burnett   
Friday, 17 February 2012 15:36

 

Iowa City, IA –Diamonds or Denim, Riverside Theatre’s annual fundraising gala, will include a new and unique element this year, one-of-a-kind birdhouses.

The birdhouses were decorated by local artists, community members, members of Riverside Theatre’s Board of Directors and patrons of the theatre and look like anything but ordinary birdhouses.

Using paint, paper, cloth, lights, feathers, beads, metal and repurposed materials, the birdhouses have been transformed by their designers into original pieces of art.

“When we distributed birdhouses to area artists and friends of Riverside – we had no idea they would come back to us with such unique designs,” said Riverside Theatre Artistic Director Jody Hovland.  “They are truly one-of-a-kind art objects – who would have thought a simple wooden birdhouse would generate such wildly imaginative and whimsical ideas?”

The only way to see these creative creations is to come to Diamonds or Denim.

The birdhouses will be part of the table decorations at this year’s fundraising gala and will be sold within the evening’s silent auction.

This year’s Diamonds or Denim will be held at hotelVetro suites & conference center in the Plaza Towers, 201 S. Linn St. Iowa City, on Friday, February 24, starting at 6 p.m.

The event features a silent auction, live auction, raffle drawing, music by Iowa City’s most eclectic ensemble The Recliners, appetizers and desserts provided by local eateries, and a cash bar.

This year’s raffle offers two fabulous prizes. The first raffle prize is a 14K two-toned white and yellow gold diamond bracelet. The second raffle prize is a $1,000 Visa ® Gift Card, usable anywhere Visa is accepted. Raffle tickets are $10 each or 3 for $25 and can be purchased by calling 319-338-7672. Raffle tickets will also be for sale at the event.

The professional live auction by Sharpless Auction offers a wide variety of unique experiences including dinners, excursions, accommodations in popular vacation destinations, and parties.

The silent auction will feature many unique items including jewelry, art, autographed books, handmade creations, and much more.

Regular tickets for Diamonds on Denim are $55 each ($45/ticket is tax-deductible) and tables of 10 are available for $500 ($40/ticket is tax-deductible). Discounted tickets are available for Riverdog Pass Holders for $50 each ($40/ticket is tax-deductible). Tickets can be purchased online at www.riversidetheatre.org, by phone at (319) 338-7672 or at the Riverside Theatre Box Office. The Box Office is located at 213 N. Gilbert St, Iowa City. Box Office Hours are: 12 - 4 p.m. Monday – Friday. Tickets can also be purchased at the door the night of the event. Tables of 10 must be arranged through the Box Office.

All proceeds from the evening will support Riverside Theatre programming.

 ###

 
Piano Recital to raise funds for King's Harvest and new shelter PDF Print E-mail
News Releases - Not-for-Profit News
Written by King's Harvest   
Tuesday, 14 February 2012 08:50

McCaulley Piano Studio and Happy Joe's Pizza are teaming up to raise money for King's Harvest and its new shelter for homeless mothers with children.

A piano recital will begin at 1:30 p.m. Feb. 26 at the Happy Joe's location at 201 W. 50th St., Davenport.

Students and their families who attend are asked to donate $10. The money will go directly to King's Harvest and the new shelter. Performing students will receive a free Little Joe pizza and their families will receive 15 percent off any food purchase.

Monetary donations can be sent to 5837 Wisconsin Ave., Davenport, IA 52806, or via kingsharvest.net. For more information, call King's Harvest at 563-570-4536.

 
<< Start < Prev 101 102 103 104 105 106 107 108 109 110 Next > End >>

Page 103 of 149