Founded in 1883, Modern Woodmen of America is a tax-exempt fraternal benefit society, meaning it is owned and operated for its members. The organization's mission is to improve the quality of life for its members and their communities. It accomplishes this by offering a portfolio of financial products, including life insurance, annuities, and investment services, while also providing "fraternal benefits" such as college scholarships, social and volunteer programs, and financial assistance to members in need. Unlike a traditional insurance company, its profits are returned to members through these benefits and dividends.

Founded in

United States