Legatus

Legatus is a 501(c)(3) nonprofit organization focused on empowering Catholic business leaders. Its name, derived from the Latin word for "ambassador," reflects its mission to inspire members to become "ambassadors for Christ" in their professional lives.

Background

Founded in 1987 by Tom Monaghan, the founder of Domino's Pizza, Legatus was established to support Catholic businesspeople in integrating their faith into their professional endeavors. Today, Legatus operates with nearly 90 chapters across North America, providing a platform for networking, spiritual support, and leadership development.

Activities and Programs

Legatus offers a variety of activities designed to help members live out their Catholic faith in business and personal life. These include:

• Monthly Chapter Meetings: Typically featuring Mass and confession, rosary recitation, networking opportunities, and guest speakers.
• Pilgrimages: Organizing spiritual journeys to significant religious sites.
• Annual International Summit: A major event that brings together prominent Catholic leaders and business executives for networking and spiritual growth.

Membership and Mission

Legatus members are predominantly CEOs, presidents, managing partners, and business owners, along with their spouses. The organization aims to foster a supportive community that encourages members to reinforce each other's commitment to their faith and to embody Catholic values in their leadership roles.

Financial Overview

As a nonprofit, Legatus derives significant revenue from contributions and program services. Financial reports from recent years have shown contributions and program services as the primary sources of income, with total assets and liabilities reported in millions of dollars[1].

Impact

Through its peer support networks and events, Legatus helps members navigate the challenges of integrating faith and business. Prominent members and speakers include influential figures from Catholic education and advocacy groups, who share experiences and insights on living out Catholic values in professional settings[2][4].