Knights of Columbus Supreme Knight Patrick Kelly Delivers Keynote Address at Conference on Mensuram Bonam

The Conference, hosted by the Pontifical Academy of Social Sciences, focuses on the alignment of assets and investments with the Gospel and Catholic social teaching

May 20, 2026

FOR IMMEDIATE RELEASE
Contact: communicationsdept@kofc.org

Fourth Degree Knights from assemblies across Colorado present an honor guard at the unveiling of a memorial to Kendrick Castillo in Highlands Ranch. (Photo by Neil McDonough / Denver Catholic) — Supreme Knight Patrick E. Kelly, CEO of the Knights of Columbus, speaks about faith-consistent investing at the Mensuram Bonam Conference at the Vatican May 20, 2026. The conference, hosted by the Pontifical Academy of Social Sciences, brought together leaders in the faith-consistent investing community. (Photo by Antoine Mekary)

NEW HAVEN, Conn. — Knights of Columbus Supreme Knight Patrick Kelly delivered the keynote address today at the Conference on Mensuram Bonam in Rome, hosted by the Pontifical Academy of Social Sciences (PASS). The conference was inspired by Pope Leo’s call for a culture of encounter, in this case between our faith tradition and the investment world. It brought together representatives from Catholic Bishops’ Conferences, Catholic Religious Institutions, and experts from the faith-consistent investing (FCI) community.

In 2022, PASS issued a publication titled Mensuram Bonam, which sought to align the management of an institution’s or individual’s financial assets and investments with the Gospel and Catholic social and moral teaching.

Attendees at the Conference on Mensuram Bonam pursued five objectives regarding Faith Consistent Investing (FCI):

Share research and reflections on Bishops’ Conference FCI guidelines and Mensuram Bonam.
Share lessons learned regarding the implementation of FCI guidelines.
Share and debate global best practices and innovations in the areas of engagement and enhancement to make these aspects more tangible.
Consider how the content and debates at the conference can serve as an important input to the formulation of an Implementation Manual for Mensuram Bonam.Build further the global network of Mensuram Bonam ambassadors and practitioners, who are willing to assist those seeking to adopt FCI guidelines or improve further the work done to date.

At the conference, PASS also distributed a white paper, collaborated on by Knights of Columbus Asset Advisors (KoCAA), titled Investing With Faith. The Investing With Faith white paper demonstrates that investments aligned with Catholic social and moral teaching can both honor the Catholic faith and support the long-term financial performance needs of an institution or individual.

“The Knights of Columbus is grateful for the continued guidance of the Pontifical Academy of Social Sciences regarding investments aligned with Catholic social and moral teaching,” said Supreme Knight Patrick Kelly. “Mensuram Bonam is crucial because it summons the faithful to a deeper realization of who we are, and what we must do. This obligation has always been with us, but now an opportunity is before us. The combination of global economic growth and technological advances has given us a chance to embrace faith-consistent investing on a global scale. Such incredible sums of money can be a blessing to the world, promoting justice, peace, and human dignity. But this money could also be the cause of grief and destruction, if we allow it to be used in evil and immoral ways.”

Supreme Knight Kelly continued, “We’re often confronted with difficult questions, including, ‘What does it mean to invest in a way that protects human dignity?’, ‘What kind of investments truly advance the common good?’, and, ‘How can we, as Catholics, build an economy that fosters both solidarity and subsidiarity? We must bring together our significant financial resources to help build an economy that serves the human person.”

Deepak Devaraj, president and chief investment officer, Knights of Columbus Asset Advisors, added: “Our experience shows that over a full market cycle, faith-consistent investing matches — and often outperforms — traditional strategies. Every mutual fund offered by KoCAA is aligned with Mensuram Bonam and adheres to the Catholic social and moral guidelines set forth by the United States Conference of Catholic Bishops. KoCAA offers its clients a strong Catholic difference so they can invest with integrity. With KoCAA’s leadership, institutional and individual investors can invest in ways that honor the Catholic faith and support their long-term needs.”

Please click here for more information about Knights of Columbus Asset Advisors, aligning your investments with Catholic social and moral teaching, and to read the Investing With Faith white paper.

About Knights of Columbus Asset Advisors

Knights of Columbus Asset Advisors (“KoCAA”) is an SEC registered investment adviser that maintains a principal place of business in the State of Connecticut. For information about KoCAA’s business operations, please consult the Firm’s Form ADV disclosure documents, the most recent versions of which are available on the SEC’s Investment Adviser Public Disclosure website at adviserinfo.sec.gov. KoCAA is a wholly owned subsidiary of Knights of Columbus, one of the world’s largest Catholic Lay Organizations. Investing involves risk and you may gain or lose money on your investments. KoCAA’s status as a Registered Investment Adviser does not imply a certain level of skill or training. For additional information visit KoCAA.org or write to kofcfunds@kofcassetadvisors.org. This information is intended for current or prospective investors in the U.S. only.

About the Knights of Columbus

In 1882, Blessed Michael McGivney, a young parish priest in New Haven, Connecticut, founded the Knights of Columbus to serve the needs of a largely immigrant Catholic community. What began as a small fraternal benefit society has since grown into the world’s premier lay Catholic men’s organization, with more than 2.2 million members in over 16,800 local councils. As members of one of the world’s leading charitable organizations, Knights donated more than 48 million service hours and over $197 million for worthy causes in their communities in 2024. The Knights of Columbus also offers a range of life insurance products to members and their families. Knights of Columbus has more than $124 billion* of life insurance in force. In addition, the organization offers investment services in accord with Catholic social teaching through its wholly owned subsidiary, Knights of Columbus Asset Advisors, which holds more than $30 billion** in assets under management. Guided by the principles of charity, unity, fraternity and patriotism, the Knights of Columbus is committed to strengthening Catholic families and parishes, by enabling men to grow in their faith and put that faith into action through service to all in need. To learn more or to join the Knights of Columbus, please visit kofc.org/join.

Investments are offered through Knights of Columbus Asset Advisors (“KoCAA”), a wholly owned subsidiary of Knights of Columbus. KoCAA is an SEC registered investment adviser. For more information, consult KoCAA’s Form ADV disclosure documents at adviserinfo.sec.gov.

Life insurance, annuities, long term care insurance and disability income insurance is offered through Knights of Columbus, 1 Columbus Plaza, New Haven, CT 06510.

*As of March 31, 2026

**As of April 30, 2026

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