Benevolent society benefits are benefits given by benevolent societies to their members. Benevolent societies are unincorporated, nonprofit organizations with the main purpose of doing good to others rather than the benefit of their own members (e.g. literary societies have the main purpose of propagating literature rather than for the members’ own education). The property of benevolent societies are usually exempt from taxation because they are used exclusively for benevolent or charitable purposes. On the other hand, fraternal benefit societies give benefits mainly to their own members.
[Last updated in June of 2021 by the Wex Definitions Team]