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Overview — Chapter Operating Funds
Chapter operating funds are used to "operate" the chapter and are intended for four key purposes:
- Administrative expenses.
- Member events/Awareness.
- Volunteer recognition.
- Service team seed money.
To receive funds, the chapter must have the five required elected leaders in place and have a current account at the Thrivent Financial Bank. Remaining operating funds at year-end carry over to the next year, but chapters are encouraged to use operating funds the year they receive them.
Important: Operating funds are separate from the funds made available through the Care in Congregations®, Care Abounds in Communities® and Care in Regions® chapter programs.
Operating funds information
In addition to the various sections in CHIP about operating funds (see Additional Topics below), the following resources are available to help chapter leadership boards budget the use of their operating funds (these are found in the Tutorials/Quick References page in the For Chapter Leaders section of the Members/Chapters area):
- Managing and Reporting Chapter Operating Funds quick reference guide (PDF, 303K).
- Reporting Chapter Operating Funds tutorial. This tutorial provides information and practice simulations to help chapter leaders become familiar with how to enter their operating funds expenditures online in the Manage Chapter Operating Funds area on the Chapter Leadership Administration page.
- We encourage chapter leaders to use the Manage Chapter Operating Funds screens in Chapter Leader Administration to track their operating funds expenses. However, some leaders may feel more comfortable tracking the expenses using one of the following two options:
- Quicken template (QIF, 4k). To save the template to your computer, right-click on the link and select Save Target As.
- Microsoft Excel spreadsheet template (MS Excel, 22k).
Important: While chapter leaders can use the Quicken or Excel templates to track expenses, remember that all operating funds expenditures must still be REPORTED on the Manage Chapter Operating Funds screens in Chapter Leader Administration.
Additional Topics
Managing and Reporting Chapter Operating Funds (PDF, 302K)
Operating funds - deposit requirements/schedule
Operating funds - determining annual amounts
Operating funds - planning and appropriate uses
Operating funds - reporting operating expenses
This is proprietary information that is solely for
use by employees, volunteers, and agents of Thrivent Financial for Lutherans
in connection with fraternal activities of Thrivent Financial for Lutherans.