Catholic Financial Life
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Catholic Financial Life
Catholic Financial Life (CFL) is a Milwaukee-based life insurer and fraternal organization. It is one of the largest 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. CFL was formed in 2010 with the merger of the Catholic Family Life Insurance (CFLI) with the Catholic Knights. The Catholic Knights was the result of a merger in 2005 of two other fraternal benefit organizations Catholic Knights of America and the Catholic Knights Insurance Society. Catholic Financial Life In 2014 Catholic Financial Life posted a 50% increase in net income due to lower claims, an investment gain and other factors. It also saw a decrease in membership from 114,000 to about 112,000. The Catholic Financial Life Building is among the tallest buildings in Milwaukee. The ground floor also contains the All Saints Cha ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Female Auxiliary
Fraternal orders often have "side degrees", auxiliaries or appendant (as opposed to primary). Some of these are created as female "sister organizations", youth organizations or side degrees proper which are organizations associated with or within the larger organization. AHEPA The American Hellenic Educational Progressive Association or AHEPA, has three auxiliaries *Daughters of PenelopeDaughters of Penelope websitdaughtersofpenelope.org/ref> *Sons of Pericles *Maids of Athena Ancient Order of United Workmen *Degree of Honor Protective Association – originally the female auxiliary of the Ancient Order of United Workmen * Order of Mogullians – a side degree of the Ancient Order of United Workmen. It was said to provide "amusement as well as substantial benefits". Elks The Benevolent and Protective Order of Elks banned auxiliaries and side degrees in 1907, but unofficial female and youth auxiliaries have still been founded at the local level. Furthermore, fema ...
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Organizations Disestablished In 2010
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, incl ...
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Catholic Fraternal Orders
The Catholic Church, also known as the Roman Catholic Church, is the largest Christian church, with 1.3 billion baptized Catholics worldwide . It is among the world's oldest and largest international institutions, and has played a prominent role in the history and development of Western civilization.O'Collins, p. v (preface). The church consists of 24 ''sui iuris'' churches, including the Latin Church and 23 Eastern Catholic Churches, which comprise almost 3,500 dioceses and eparchies located around the world. The pope, who is the bishop of Rome, is the chief pastor of the church. The bishopric of Rome, known as the Holy See, is the central governing authority of the church. The administrative body of the Holy See, the Roman Curia, has its principal offices in Vatican City, a small enclave of the Italian city of Rome, of which the pope is head of state. The core beliefs of Catholicism are found in the Nicene Creed. The Catholic Church teaches that it is the one, ...
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Religious Organizations Established In 1877
Religion is usually defined as a social-cultural system of designated behaviors and practices, morals, beliefs, worldviews, texts, sanctified places, prophecies, ethics, or organizations, that generally relates humanity to supernatural, transcendental, and spiritual elements; however, there is no scholarly consensus over what precisely constitutes a religion. Different religions may or may not contain various elements ranging from the divine, sacred things, faith,Tillich, P. (1957) ''Dynamics of faith''. Harper Perennial; (p. 1). a supernatural being or supernatural beings or "some sort of ultimacy and transcendence that will provide norms and power for the rest of life". Religious practices may include rituals, sermons, commemoration or veneration (of deities or saints), sacrifices, festivals, feasts, trances, initiations, funerary services, matrimonial services, meditation, prayer, music, art, dance, public service, or other aspects of human culture. Religions have sa ...
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History Of Catholicism In The United States
The Catholic Church in the United States began in the colonial era, but by the mid-1800's, most of the Spanish, French, and Mexican influences had institutionally and demographically faded, owing to the Louisiana Purchase (1803) and the Treaty of Guadalupe Hidalgo (1848). The former territories of France, Spain, Mexico and the domains of the Native Peoples at the time were then opened up to East Coast, Southern and mid-Western Americans, primarily Protestant, migrating westward. During this same period, the Catholic Church in the East and mid-West grew through immigration overseas, especially from Europe (Germany and Ireland at first, and in 1890-1914 from Italy, Poland and Eastern Europe.) In the nineteenth century the Church set up an elaborate infrastructure, based on diocese run by bishops appointed by the pope. Each diocese set up a network of parishes, schools, colleges, hospitals, orphanages and other charitable institutions. Many priests arrived from France and Ireland ...
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Habitat For Humanity
Habitat for Humanity International (HFHI), generally referred to as Habitat for Humanity or Habitat, is a US non-governmental, and nonprofit organization which was founded in 1976 by couple Millard and Linda Fuller. Habitat for Humanity is a Christian organization. The international operational headquarters are located in Americus, Georgia, United States, with the administrative headquarters located in Atlanta. As of 2020, Habitat for Humanity operates in more than 70 countries. The mission statement of Habitat for Humanity is "Seeking to put God's love into action, Habitat for Humanity brings people together to build homes, communities, and hope". Homes are built using volunteer labor and Habitat makes no profit from the sales. In some locations outside the United States, Habitat for Humanity charges interest to protect against inflation, a policy that has been in place since 1986. The organization operates with financial support from national governments, philanthropic foun ...
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Society Of Saint Vincent De Paul
The Society of St Vincent de Paul (SVP or SVdP or SSVP) is an international voluntary organization in the Catholic Church, founded in 1833 for the sanctification of its members by personal service of the poor. Innumerable Catholic parishes have established "conferences", most of which affiliate with a diocesan council. Among its varied efforts to offer material help to the poor or needy, the Society also has thrift stores which sell donated goods at a low price and raise money for the poor. There are a great variety of outreach programs sponsored by the local conferences and councils, addressing local needs for social services. France The Society of St. Vincent de Paul was founded in 1833 to help impoverished people living in the slums of Paris, France. The primary figure behind the Society's founding was Blessed Frédéric Ozanam, a French lawyer, author, and professor in the Sorbonne. Frédéric collaborated with Emmanuel Bailly, editor of the ''Tribune Catholique'', in rev ...
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Catholic Action
Catholic Action is the name of groups of lay Catholics who advocate for increased Catholic influence on society. They were especially active in the nineteenth century in historically Catholic countries under anti-clerical regimes such as Spain, Italy, Bavaria, France, and Belgium. In 1934, Adolf Hitler ordered the murder of Erich Klausener, head of a Catholic Action group in Nazi Germany, during the Night of the Long Knives. Catholic Action is not a political party in and of itself; however, in many times and places, the distinction between a lay organization of the faithful and a political movement has blurred. Since World War II the concept has often been supplanted by Christian Democrat parties that were organised to combat Communist parties and promote Catholic social justice principles in places such as Italy and West Germany. Catholic Action generally includes various subgroups for youth, women, workers, etc. In the postwar period, the various national Catholic Action org ...
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Anti-abortion
Anti-abortion movements, also self-styled as pro-life or abolitionist movements, are involved in the abortion debate advocating against the practice of abortion and its legality. Many anti-abortion movements began as countermovements in response to the legalization of elective abortions. Abortion is the ending of a pregnancy by removal or expulsion of an embryo or fetus. Europe In Europe, abortion law varies by country, and has been legalized through parliamentary acts in some countries, and constitutionally banned or heavily restricted in others. In Western Europe this has had the effect at once of both more closely regulating the use of abortion, and at the same time mediating and reducing the impact anti-abortion campaigns have had on the law. France The first specifically anti-abortion organization in France, Laissez-les-vivre-SOS futures mères, was created in 1971 during the debate that was to lead to the Veil Law in 1975. Its main spokesman was the geneticist Jér ...
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Rosaries
The Rosary (; la, , in the sense of "crown of roses" or "garland of roses"), also known as the Dominican Rosary, or simply the Rosary, refers to a set of prayers used primarily in the Catholic Church, and to the physical string of knots or beads used to count the component prayers. When referring to the prayer, the word is usually capitalized ("the Rosary", as is customary for other names of prayers, such as "the Lord's Prayer", and "the Hail Mary"); when referring to the prayer beads as an object, it is written with a lower-case initial letter (e.g. "a rosary bead"). The prayers that compose the Rosary are arranged in sets of ten Hail Marys, called "decades". Each decade is preceded by one Lord's Prayer ("Our Father"), and traditionally followed by one Glory Be. Some Catholics also recite the " O my Jesus" prayer after the Glory Be; it is the most well-known of the seven Fátima prayers that appeared in the early 20th century. Rosary prayer beads are an aid for saying these ...
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Patron Saint
A patron saint, patroness saint, patron hallow or heavenly protector is a saint who in Catholicism, Anglicanism, or Eastern Orthodoxy is regarded as the heavenly advocate of a nation, place, craft, activity, class, clan, family, or person. In Christianity Saints often become the patrons of places where they were born or had been active. However, there were cases in Medieval Europe where a city which grew to prominence and obtained for its cathedral the remains or some relics of a famous saint who had lived and was buried elsewhere, thus making them the city's patron saint – such a practice conferred considerable prestige on the city concerned. In Latin America and the Philippines, Spanish and Portuguese explorers often named a location for the saint on whose feast or commemoration day they first visited the place, with that saint naturally becoming the area's patron. Occupations sometimes have a patron saint who had been connected somewhat with it, although some of ...
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