Lets talk about the Gold Standard (In this case Platinum!)

Some people believe that ethics in business is a contradiction in terms. They think that in order to be profitable, a company and its leaders must abandon morality and embrace the dark, greedy side of capitalism.

At the Knights of Columbus, we know this business model is incorrect. As a Catholic organization, we understand the value and importance of our core beliefs and the original mission of Father Michael J. McGivney. In fact, much of the strength and financial security we provide to our members and their families can be attributed to our ethical, moral standards.

These standards are visible throughout the Order, from our fraternal programs and support of the Church and its teaching to the investment strategy of our assets.

“What sets us apart is what Standard & Poor’s refers to as the ‘very conservative’ approach we take in managing our $16 billion in assets,” said Supreme Knights Carl A. Anderson in his 2010 address at the Supreme Convention. “We place ‘a very high value on the society’s reputation’.”

This means carefully planning when it comes time to invest. Our professional staff researches all transactions to insure that they fall in line with Catholic values. If a transaction makes them uncomfortable, they don’t make it.

“We exclude any company engaged in activity that conflicts with Catholic moral teaching: companies directly involved in abortion, contraception, human cloning, embryonic stem cell research, for-profit health care that pays for any of these, or pornography,” said the Supreme Knight. “There are many companies in the pharmaceutical and communications industries that would undoubtedly provide excellent returns for us, but which are not in our portfolio because they engage in research and development or programming in ways that violate the sanctity or dignity of human life.”

In the end, the Knights of Columbus investment strategy is motivated by morality and not money-making. Yet, each year we remain profitable, increase our assets and stay dedicated to this vision that will keep the Order sound financially for generations to come.

“Faithful Catholics have choices when buying life insurance,” said the Supreme Knight. “But they know that at the Knights of Columbus their policy is supplied by an insurer that shares their moral and ethical values and is guided in all of its investment and sales practices by those values.”

Your faith full servant:

Mike Kisting

Agent Knights of Columbus

303 944-7494

Michael.Kisting@kofc.org

Knights Of Columbus Council 10961

Nativity of Our Lord Broomfield, CO