Legatus

Overview

Legatus is a prominent 501(c)(3) nonprofit organization in the United States, focused on supporting Catholic business leaders. Founded in 1987 by Tom Monaghan, best known as the founder of Domino's Pizza and Ave Maria University, the organization aims to foster spiritual development and leadership among its members. Legatus primarily serves as a platform for Catholic CEOs and company presidents to live out their faith in their professional and personal lives[1][2].

Mission and Activities

The mission of Legatus is to empower Catholic business leaders to be ambassadors for Christ, promoting Catholic values and practices in their business and social environments. Members engage in monthly chapter events that include confession, rosary, Mass, followed by social gatherings and presentations by guest speakers. These events provide a unique setting for prayer, worship, and learning among like-minded professionals[2][3].

Legatus also organizes exclusive pilgrimages to significant Catholic sites around the world, offering members opportunities for spiritual enrichment and cultural exploration. Additionally, members have access to biannual summit conferences featuring prominent Catholic speakers and clergy[2][5].

Membership and Reach

Legatus is the world's premier organization for Catholic business leaders, boasting over 5,500 members across more than 95 chapters in 38 states and several international locations[2][5]. Membership includes CEOs, company presidents, managing partners, and business owners, along with their spouses. The organization provides a framework for networking, professional growth, and spiritual development among its members[4][5].

Philanthropy and Financials

Legatus emphasizes the importance of philanthropy within its member base, encouraging charitable giving to Catholic causes. While Legatus itself primarily raises funds for its own endowment to support operations and expansion, it encourages its members to engage in meaningful philanthropy that aligns with Catholic values[3].

In terms of finances, Legatus derives the majority of its revenue from member contributions and program services[1]. As a nonprofit, contributions to Legatus are tax-deductible[1].

History

Legatus was founded after Tom Monaghan attended a private Mass with Pope John Paul II, inspiring him to create an organization that could support Catholic business leaders in their faith and community[2]. Over nearly four decades, Legatus has grown to become a significant influence in the Catholic business community, celebrating milestones such as expanding its chapters and hosting high-profile events[2].

[1] https://projects.propublica.org/nonprofits/organizations/382776542 [2] https://legatus.org/our-history [3] https://legatus.org/news/on-philanthropy [4] https://catholic-foundation.org/about/associations-partnerships/legatus/ [5] https://legatus.org/legatus