Get Certificate Of Fraternal Society

A fraternal organization is a brotherhood or a type of social organization whose members freely associate for a mutually beneficial purpose such as for social, professional or honorary principles. The term fraternal organization is from the Latin frater, meaning brother.

To qualify as a 501(c)(8) fraternal benefit society, an organization must: Have a fraternal purpose. This means membership must be based on a common tie or the pursuit of a common object. ... Operate under the lodge system. ... Provide for the payment of life, sick, accident, or other benefits.

A fraternal benefit society is a membership organization that is legally required to offer life, health and related insurance products to its members, be not-for-profit, and carry out charitable and other programs for the benefit of its members and the public.

Examples of fraternal organizations include college fraternities which are based on religion, previous members, or just common interests. Sometimes these organizations provide great networking opportunities that allow graduates a smoother transition into the workforce.

Two of the most well known examples of fraternals are the Shrine organization and the Elks organization....To be considered a fraternal, the organization must: have a lodge system, complete with ritual or ceremonial routines; be nonprofit, governed by elected officials; and. offer insurance only to its members.

To be described in IRC 501(c)(8), an organization must meet the following requirements: It must have a fraternal purpose; • It must operate under the lodge system; and • It must provide for the payment of life, sick, accident, or other benefits.

It must devote its net earnings exclusively to religious, charitable, scientific, literary, educational, and fraternal purposes. It must be a domestic organization, that is, it must be organized in the United States.

A fraternal order is a fraternity organised as an order, with traits alluding to religious, chivalric or pseudo-chivalric orders, guilds, or secret societies. Contemporary fraternal orders typically have secular purposes, including social, cultural and mutually beneficial or charitable aims.