Knights of Columbus

Anthony Minopoli serves as President and Chief Investment Officer of Knights of Columbus Asset Advisors, the registered investment advisory subsidiary that manages the general account and external funds. Ultimate authority rests with the Supreme Knight, Patrick E. Kelly, who serves as CEO of the fraternal organization and its insurance operations.

The Knights of Columbus follows the Socially Responsible Investment Guidelines published by the United States Conference of Catholic Bishops. These screens exclude companies involved in abortion, contraception, embryonic stem cell research, weapons production, and pornography, while favoring investments aligned with Catholic social teaching on human dignity and the common good.

Yes, through Knights of Columbus Asset Advisors, the organization manages a family of Catholic-values-screened mutual funds and separate accounts available to external institutional and retail investors. However, the general account assets — the $100 billion-plus portfolio backing insurance policies — remain distinct and are not commingled with outside client assets.

The Knights is a major financial supporter of Vatican initiatives, funding projects from the restoration of St. Peter's Basilica to papal communications and the Vicarius Christi Fund, which provides the Pope with discretionary charitable resources. The organization owns the land beneath the Paul VI Audience Hall. This is a grant-making and support relationship, not an investment management one — the Vatican does not direct the insurance portfolio.

A significant allocation within the general account consists of mortgage loans to Catholic parishes, dioceses, and affiliated institutions across the United States. These loans finance church construction, renovation, and refinancing, offering the Knights a fixed-income-like return stream while advancing its fraternal mission.

Neither. It is a fraternal benefit society operating a mutual insurance company under Connecticut state regulation. While its philanthropic activity — including the Knights of Columbus Charitable Fund, a donor-advised fund sponsor — resembles family-office grantmaking, the asset pool is insurance general account capital, not a family's private wealth.

The USCCB SRI guidelines screen out companies deriving significant revenue from abortion, contraceptives, stem-cell research, military weapons, and adult entertainment. This filtering excludes broad swaths of the pharmaceutical, defense, and consumer sectors, creating a portfolio with material sector underweights compared to a market-cap-weighted benchmark.