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Royal Benefit Society – Founded in 1893 in New York. Founders included Freemasons, Oddfellows, Pythians, and members of the Royal Arcanum. Membership is open to men and women. Had 3,000 members in the late 1890s. Issued $250 to $3,000 certificates payable at death or the end of 10, 15, or 20 years.
Active in New York, New Jersey, Pennsylvania, and the District of Columbia. [50] Sons of Hermann; United League of America; Workmen's Benefit Fund - Founded as the Workmen's Sick and Death Benefit Fund in 1884, this organization was licensed to provide insurance in February 1899. The current name was adopted in 1939. [51]
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.
A fraternity or fraternal organization is an organized society of men associated together in an environment of companionship and brotherhood; dedicated to the intellectual, physical, and social development of its members. Service clubs, lineage societies, and secret societies are among the fraternal organizations listed here.
Two-thirds of the active societies of the U.S. and Canada were older. A tabulation in Statistics Fraternal Societies showed that 140 going societies in 1920 were organized before the BAY, and 68 came into existence since. Yet the BAY stood fifth among all these societies in membership, having 285,948 benefit members on December 31, 1920.
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Many fraternal benefit societies were founded to serve the needs of immigrants and other under-served groups [9] who shared common bonds of religion, ethnicity, gender, occupation or shared values. The first modern American fraternal benefit society was the Ancient Order of United Workmen, founded by John J. Upchurch in 1868. [10] "The Order of ...
Modern Woodmen of America (MWA) is an American fraternal benefit society, which sells various investments and insurance products, with membership over 750,000 as of 2017. [1] Total assets reached US$17.5 Billion billion in 2022, making it one of the largest such organization by assets.