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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 membership organization is any organization that allows people or entities to subscribe, and often requires them to pay a membership free or "subscription". [1] Membership organizations typically have a particular purpose, which involves connecting people together around a particular activity, geographical location, industry, activity, interest, mission, or profession. [2]
A voluntary group or union (also sometimes called a voluntary organization, common-interest association, [1]: 266 association, or society) is a group of individuals who enter into an agreement, usually as volunteers, to form a body (or organization) to accomplish a purpose. [2]
A fraternal-beneficial society would be one whose members have adopted the same, or a very similar calling, avocation, or profession, or who are working in unison to accomplish some worthy object, and who for that reason have banded themselves together as an association or society to aid and assist one another, and to promote the common cause.
The club secretary calling the roll of the Harting Old Club, one of the oldest friendly societies in England. A friendly society (sometimes called a benefit society, mutual aid society, benevolent society, fraternal organization or ROSCA) is a mutual association for the purposes of insurance, pensions, savings or cooperative banking.
A mutual-benefit nonprofit corporation or membership corporation is a type of nonprofit corporation in the US, similar to other mutual benefit organizations found in some of common law nations, chartered by government with a mandate to serve the mutual benefit of its members. A mutual-benefit corporation can be non-profit or not-for-profit in ...
Federal Benefit Association – Had 1,345 members in 1922. Headquarters in Camden, New Jersey [84] Federal Reserve Association – By 1923 it had moved to Wilkes-Barre, Pennsylvania, and had 1,469 members. [85] Fraternal Aid Association – Founded October 14, 1890, in Lawrence, Kansas. Founders included members of the Ancient Order of United ...
A professional association (also called a professional body, professional organization, or professional society) is a group that usually seeks to further a particular profession, the interests of individuals and organisations engaged in that profession, and the public interest.