Thrivent Earns Esteemed Recognition on Fast Company's Brands That Matter List

Thrivent Recognized by Fast Company

In a noteworthy achievement, Thrivent, a leader in financial services, was recently honored by Fast Company as one of the companies on its prestigious 'Brands That Matter' list for the year 2024. This recognition highlights Thrivent's deep commitment to making a significant impact in local communities and supporting meaningful causes.

Every year, Fast Company reviews over a thousand applicants to curate its influential list. This year, Thrivent stood out among more than 1,000 contenders, landing in the 'Enduring Impact 15+ Years in Business' category. This specific category celebrates companies that have demonstrated historical cultural relevance, innovation, and a substantial business impact over an extended period.

Thrivent has a legacy that spans over a century, which greatly contributes to its selection. Carolyn Sakstrup, Thrivent's Chief Growth and Generosity Officer, remarked, "We like to call ourselves the original purpose-based company. With over two million clients nationwide, we manage assets exceeding $170 billion. Every year, we help to raise and donate hundreds of millions of dollars, complementing countless hours of volunteer support for causes that matter to our clients. Our unique structure amplifies the generosity of our clients, their communities, and our workforce, which is a fundamental reason we achieved this recognition."

In an impressive display of generosity, Thrivent and its clients collectively raised and contributed $306 million to various causes throughout the country in 2023 alone. Additionally, they logged an astonishing 14 million hours of volunteer service. These efforts collectively underscore Thrivent's mission to elevate the spirit of generosity among its clientele.

As an illustration of its philanthropic endeavors, Thrivent partnered with the Minnesota Twins in 2024 to launch an innovative charity initiative called 'At Bat for Impact.' This initiative serves to bridge the gap between sports and community service in one of Major League Baseball's most unique charitable projects. Furthermore, Thrivent also collaborated with the Vatican Museums to host a rare art exhibition, marking its first appearance in the U.S.

Thrivent's financial security is reciprocated to its clients as well. The organization has announced an all-time high payout of $564 million in dividends and policy enhancements for 2025. This represents a streak of three consecutive years of record-breaking payouts to clients, a testament to Thrivent's commitment to sharing its financial strength.

Thrivent's distinct characteristics and its substantial influence in diverse communities are pivotal factors in its recognition by Fast Company. Particularly, its focus on promoting client generosity and community welfare has cemented its position as a leading brand that matters. This accolade from Fast Company reaffirms Thrivent's core mission of empowering people to achieve financial clarity and live lives imbued with meaning and gratitude.

For those interested in learning more about the Brands That Matter list and the prestigious 2024 winners, further details can be accessed through Fast Company’s dedicated platform.

As Thrivent continues on its path of generosity and innovation, it stands as a beacon of purpose-driven business, serving as an example for other organizations aiming to blend profitability with purpose.

To explore more about Thrivent, visit Thrivent.com. Additionally, Thrivent can be followed for updates and insights on social media platforms such as Facebook, Instagram, and LinkedIn.