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Knights of Columbus face mask
The organization provides certain financial services to affiliated groups and individuals. Its Knights of Columbus face mask wholly owned insurance company, one of the largest in the world, underwrites more than two million insurance contracts, totaling more than billion of life insurance in force. The order also owns the Knights of Columbus Asset Advisors, a money management firm which invests in accordance with Catholic social teachings. Irish-American priest Michael J. McGivney founded the Knights of Columbus in 1882 as a mutual benefit society for Catholic immigrants in New Haven, Connecticut.
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The Supreme Council is the governing body of the order. It elects insurance members to serve three-year terms on a 24-member Board of Directors. Leaders’ salaries are set by the board of directors and ratified by the delegates to the Supreme Convention. The seven-figure salaries of senior K of C officers have been critizized as excessive. In 1969, the Knights opened a 23-story headquarters building in New Haven. The college councils program started with the chartering of University of Notre Dame Council in 1910. As of 2018, there are more than 300 college council.
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