This is a reminder that the Quarterly Meeting of the Trustees of the Masonic
Widows Fund will be held at Apalachicola Lodge #76 on Friday,12 January, 2018. A
meal will be served at 6pm CENTRAL, with meeting immediately thereafter.
Of The Fifth
358 Buckridge Road
Wewahitchka, FL 32465
Updated 15 August 2017
The Masonic Widow’s
Fund (MWF) is best described as a “Pre-need donation to the widows of
(or other beneficiary, as requested)”. This is done in lieu of “passing
the hat” upon a member’s death, thus assuring that a significant amount of money
is immediately available to his widow. In joining the MWF, each brother has
obligated himself to make this contribution, which is automatically made by the
MWF and charged to his account. The MWF is a non-profit organization whose work
is conducted under Charter from the Grand Lodge of Florida.
Explanation of how the MWF works:
Each member's account is charged $1.25 (Reduced from $1.50 as of 07/12/02) upon
the death of an MWF member. The by-laws require that a statement be sent to each
member whose account falls below $0.00. Further, a member is to be suspended
when his account has been in arrears for two statements plus 30 days grace
period. Therefore, the by-laws indirectly state that a member can be dropped
from membership if his account becomes more than $2.50 in arrears (meaning that
the account balance is $2.50 or more in the hole). The requirement to drop
members is not closely followed because when 3 or more members pass away in a
short period of time, many good brothers would be automatically dropped, simply
because they had not received their statements in time to make payments as
required. The MWF pays the beneficiary for each active member even though the
member’s account may be in arrears. THIS IS WHY IT IS SO IMPORTANT TO KEEP
ACCOUNTS ABOVE $0.00.
members send $20-50 (or more) to keep their account well above $0.00. Any amount
held in their account upon a member’s death is returned to the beneficiary.
Whenever a member passes away, his beneficiary receives $1.00 from each member
participating in the fund, plus whatever amount is remaining in his account,
plus a $100.00 supplement. For example: If there are 500 members participating
in the Fund at the time of a member’s death and he had $25.00 remaining in his
account, the beneficiary would receive the following:
Supplemental Benefit: 100.00
Total Amount: $625.00
EXAMPLE ONLY! The actual amount varies, depending upon
the number of members participating in the MWF at the time of the
member’s death and the amount remaining in the member’s account. If the
member owed MWF $5.00 at the time of his death, that amount would be
subtracted from the total: Example: $500.00 - 5.00 + 100.00 =$595.00.
are several members who maintain well over $100.00 in their account so that
their beneficiary will receive more than the basic benefit and supplement upon
their death and also to save the cost (postage, envelopes and bother) of sending
a payment to the MWF upon the death of each member.
stated above, when a member of the MWF dies, every active account is charged
$1.25. This charge is broken down as follows: $1.00 goes to the beneficiary, and
$0.25 goes into the Secretary’s Fund. This fund covers all operating expenses of
the fund. Over the years, the Secretary’s Fund increased to a point where the
MWF Board of Trustees directed that a Supplemental Benefit of $100.00 be added
to the overall benefit disbursement to each beneficiary. This has kept the
Secretary’s Fund fairly even. Statements are only sent to those brothers whose
accounts have fallen below $0.00 (per by-laws) and because the cost of mailing
statements (postage, paper, envelopes, etc.) has become exorbitant.
MWF Board of Trustees is currently requesting that brothers send a minimum of
$20.00 to the Treasurer to bring those accounts that are in arrears up to $0.00
and the excess to be held in reserve in their account so that another statement
will not have to be sent until the amount in reserve again drops to $0.00.
Statements of individual accounts are furnished to each Particular Lodge’s
Trustees. Each member can check the status of his account with his Trustee, thus
being able to keep his account from dropping below $0.00. Trustees will attempt
to keep those who cannot attend lodge updated on the status of their individual
member can resign from the MWF by simply paying his account off or requesting a
refund in writing.
the event of a member’s death, it is the responsibility of the Trustee to inform
the Secretary/Treasurer of the loss so that the benefits can be paid promptly.
Often, the only way a Trustee will know of a death is when a survivor informs
the Lodge Secretary or MWF Trustee. Please inform all beneficiaries and those
who may handle your financial matters how this program works.