Skip Navigation
Programs & Activites

Calculating & Reporting Net Funds Raised

How to Calculate & Report

When reporting a fund-raising activity (funded or locally supported chapter activity) hosted by a Thrivent Financial chapter service team, net funds raised and total expenses incurred must be reported.

Net funds raised equals the gross funds raised minus total expenses incurred. The minimum for net funds raised is $100 to qualify for supplementary funding.

For example, if a service team raises $6,200 and $200 of that amount is used to pay expenses for the activity, net funds raised equals $6,000.

Note: If the chapter provides any up-front money to the service team to defray expenses, that amount should be included in the net funds raised.

Keep the following in mind regarding funds raised and expenses incurred:

  • Net funds raised by the service team must be reported, not the portion to be supplemented through the Care Abounds in Communities program (e.g., if a service team raised $6,000 and receives $2,000 of supplemental funds, the service team reports the $6,000 as net funds raised).

    Recording all net dollars raised helps Thrivent illustrate our organization's charitable impact, and it helps us support our fraternal status. Recording expenses helps show how efficiently we're able to raise money.
  • Donor checks that were issued directly to the chapter are deposited into the chapter's checking account.
    • If a chapter cohosts an activity with another organization, the chapter service team should report only the share of funds that it feels the service team was responsible for raising. Often times, checks for these events are made payable to the cohosting organization. In those cases, that organization deposits the funds and does NOT send a check for the net funds raised to the chapter.
  • If multiple chapter service teams host an activity, each service team reports only its fair share of net funds raised and deposits it appropriately.
  • If a service team raises gross funds of $100, but uses some of those funds to pay expenses, it cannot report the net amount raised as the gross amount to reach the $100 minimum program request. The service team should try to raise more funds or solicit donations to offset the expenses.

Estimated Value of Goods Contributed

The estimated value of goods contributed (e.g., canned goods, used clothing, gift certificates, gift cards, etc.) cannot be reported as funds raised. Estimating the value of goods contributed is not sufficiently valid to warrant using in place of actual funds raised. Only cash proceeds can be reported as net funds raised.

Check the background of our representatives on FINRA's BrokerCheck.

Insurance products issued or offered by Thrivent Financial, the marketing name for Thrivent Financial for Lutherans, Appleton, WI. Not all products are available in all states. Products issued by Thrivent Financial are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc. They are also licensed insurance agents/producers of Thrivent. Fee-based investment advisory services are available through qualified investment advisor representatives only.

Trust and investment management accounts and services offered by Thrivent Trust Company are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, nor guaranteed by Thrivent Trust Company or its affiliates, and are subject to investment risk, including possible loss of the principal amount invested.

© 1995- Thrivent Financial for Lutherans