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Grand Knight's Handbook - Knights of Columbus, Supreme Council

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REFERENCE<br />

76<br />

Department <strong>of</strong> Fraternal Services by August 1. Report<br />

#365 is in the <strong>Council</strong> Report Forms Booklet (#1436) and<br />

on the Order’s web site at k<strong>of</strong>c.org/forms.<br />

2. Achieve insurance quota:<br />

a. Quota for councils with 100 members or fewer will be<br />

an increase <strong>of</strong> 3 insurance additions over deductions<br />

based on total active membership <strong>of</strong> the council as <strong>of</strong><br />

July 1. Quota for councils with 101 or more members<br />

will be a 2.5% increase <strong>of</strong> insurance additions over<br />

deductions based on the total active membership <strong>of</strong><br />

the council as <strong>of</strong> July 1. Minimum <strong>of</strong> 30 members<br />

required for awards qualification. (Inactive insurance<br />

members are not included when computing the July 1<br />

quota at the <strong>Supreme</strong> <strong>Council</strong> <strong>of</strong>fice.)<br />

b. Additions will be credited for new insurance members,<br />

insurance reinstatements, reactivations, readmissions<br />

and reapplications, juvenile to adult insurance memberships,<br />

and associate to insurance transfers processed<br />

and recorded at the <strong>Supreme</strong> <strong>Council</strong> <strong>of</strong>fice between<br />

July 1 and June 30.<br />

c. Deductions to be charged against the quota include all<br />

insurance suspensions and withdrawals and transfers<br />

from insurance to associate membership processed<br />

and recorded at the <strong>Supreme</strong> <strong>Council</strong> <strong>of</strong>fice between<br />

July 1 and June 30.<br />

d. Net gain or loss to be affected only by items (b) and (c)<br />

in this section. Transfers in or out <strong>of</strong> the council and<br />

deaths will not count toward or against the quota.<br />

(Monthly reports reflecting insurance gains and losses<br />

will be supplied to each grand knight, financial secretary<br />

and council membership director.)<br />

(Note: New councils must meet the required insurance member<br />

quota. New council quota is based upon the number <strong>of</strong><br />

members recorded on the Notice <strong>of</strong> Institution, minimum 30<br />

members required.)

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