A friendly society or benefit society is a voluntary association formed to provide mutual aid, benefit, for instance insurance for relief from sundry difficulties. These groups are also known as a fraternal benefit society, fraternal benefit order, or mutual aid organization. Following is an incomplete list of these societies and orders.
The Independent Order of Foresters, operating as Foresters Financial, is a fraternal benefit society headquartered in Toronto, Ontario, Canada, that provides life insurance and other financial solutions in Canada, the United Kingdom, and the United States. As of 2022, Louis Gagnon has served as the company's president and CEO.
A friendly society is a mutual association for the purposes of insurance, pensions, savings or cooperative banking. It is a mutual organization or benefit society composed of a body of people who join together for a common financial or social purpose. Before modern insurance and the welfare state, friendly societies provided financial and social services to individuals, often according to their religious, political, or trade affiliations. These societies are still widespread in many parts of the developing world, where they are referred to as ROSCAs, ASCAs, burial societies, chit funds, etc.
The Independent Order of Rechabites (IOR), also known as the Sons and Daughters of Rechab, is a fraternal organisation and friendly society founded in England in 1835 as part of the wider temperance movement to promote total abstinence from alcoholic beverages. The Order has been active in Australia from 1843, promoting temperance and as a benefit society. A branch was established in the United States in 1842, and also flourished for a time. In the United Kingdom, the Order trades under the name of Healthy Investment, being well connected in upper society and involved in financial matters; there it gradually transformed into a financial institution which promotes teetotalism.
Thrivent Financial for Lutherans, is an American Fortune 500 not-for-profit financial services organization headquartered in Minneapolis, Minnesota, and Appleton, Wisconsin, and founded by Lutherans. As a member-owned fraternal benefit society, it operates under a chapter system, serving nearly 2.3 million members.
A benefit society, fraternal benefit society, fraternal benefit order, friendly society, or mutual aid organization is a voluntary association formed to provide mutual aid, benefit, for instance insurance for relief from sundry difficulties. Such organizations may be formally organized with charters and established customs or may arise ad hoc to meet the unique needs of a particular time and place.
A fraternal order is a voluntary membership group organised as an order, with an initiation ritual and traits alluding to religious, chivalric or pseudo-chivalric orders, guilds, or secret societies. Fraternal orders typically have secular purposes, serving as social clubs, cultural organizations and providing a form of social welfare through reciprocal aid or charitable work. Many friendly societies, benefit societies and mutual organisations take the form of a fraternal order.
The Foresters Friendly Society is a British friendly society which was formed in 1834 as the Ancient Order of Foresters. As of 31 December 2016, the society had approximately 75,000 members. Its head office is located in Southampton, England.
Modern Woodmen of America (MWA) is an American fraternal benefit society in the United States, which sells various investments and insurance products, with membership over 750,000 as of 2017. Total assets reached US$17.5 Billion billion in 2022, making it one of the largest such organization by assets. Though it shares the same founder, it is not affiliated financially in any way with another, similarly-styled fraternal benefit society, WoodmenLife, and despite the name "Modern" is actually older than its counterpart.
Catholic Financial Life (CFL) is a Milwaukee-based life insurer and fraternal organization. It is one of the largest Roman Catholic not-for-profit financial services organizations in the United States, second only to the Knights of Columbus. Fraternal benefits societies are nonprofit membership organizations that designate a portion of their income for charity.
The Lincoln American Tower is a 22-story building located at the corner of North Main and Court streets in Memphis, Tennessee. It is also a historical landmark, one of the first steel frame skyscrapers built in Memphis. The tower underwent a six-year refurbishing project starting in 2002, and despite a fire in 2006, is now open and accepting tenants.
Assured Life Association, formerly Woodmen of the World and/or Assured Life Association, having officially changed its name to on January 1, 2015, is a fraternal benefit society based in Denver, Colorado, whose beginnings can be traced to the same founder as Modern Woodmen of America and Woodmen of the World in 1890. Today, Assured Life Association is not affiliated with either organization. Aside from offering insurance benefits the organization is a non-profit Life Insurer organized to give back revenues to its member customers through direct benefits such as college scholarships and summer camp grants for youth and through discounts on other products and services. The Society also has a member-directed matching charitable giving program. Four national community service projects are promoted among Society member customers each year.
The American Fraternal Alliance (AFA) is an umbrella group of fraternal orders in the United States. It was founded as the National Fraternal Congress of America in 1913, in Chicago/ It adopted its current name in 2011.
The Golden Age of Fraternalism is a term referring to a period when membership in the fraternal societies in the United States grew at a very rapid pace in the latter third of the 19th century and continuing into the first part of the 20th. At its peak, it was suggested that as much as 40% of the adult male population held membership in at least one fraternal order.
Columbian Mutual Life Assurance Society was an American fraternal benefit order. It was originally organized in 1903, under the laws of Georgia, as "Eminent Household of Columbian Woodmen" (sometimes referred to as "Columbian Woodmen of Georgia" or simply, "Columbian Woodmen". When this organization merged with the "Columbia Woodmen of Mississippi" in 1921, the name of the merged institutions was changed to "Columbian Mutual Life Assurance Society". In 1922, its home office moved to Memphis, Tennessee, where it erected a 22-story office building, known as Columbian Mutual Tower. The Society paid sick and death benefits and admitted both men and women. In 1924, it had 831 subordinate lodges with a benefit membership of 24,039.