News
Featured Image
 Shutterstock.com

September 6, 2018 (LifeSiteNews) – The highly influential Catholic business association Legatus has put its annual Vatican tithe “in escrow,” citing the current crisis in the Church.

The amount withheld is $820,000, according to a Legatus spokesperson. The association has donated $18 million to the Holy See in the 31 years it has been existence, she told LifeSiteNews.

A September 6 letter (full letter below) from Legatus CEO and founder Tom Monaghan states the Legatus board took the step “in light of recent revelations and questions.”

“We have also had discussions regarding our (Legatus’) annual tithe to the Holy See, specifically pertaining to how it is being used, and what financial accountability exists within the Vatican for such charitable contributions.  The Board has begun a dialogue along these lines, and in the meantime has decided to place the Holy See annual tithe in escrow, pending further determination (by the Board),” Monaghan stated. 

“We certainly pledge our continued devotion to Holy Mother Church, and recognize the tithe has been an important commitment of Legatus since our founding.”

“However, in light of recent revelations and questions, we believe it appropriate to respectfully request clarification regarding the specific use of these funds,” he added. 

Last month Archbishop Viganò, former apostolic nuncio to the U.S., accused Pope Francis in an August 22, 2018 detailed testimony of covering up for now ex-Cardinal McCarrick despite knowing of McCarrick’s serial sexual abuse of seminarians and priests. 

When a reporter asked Pope Francis if there was any truth to the allegation, the Pope said that he wouldn’t comment.

“I am not going to say a word about this,” Pope Francis said.

Legatus, described as “the most influential lay organization in the Church” by the late Cardinal Anthony Bevilacqua, exists to integrate faith, family and business in its members’ lives, and upholds Church teaching as part of its mission.

According to Legatus spokesperson, a Legatus member must be a practicing Catholic and an owner, chairman, president or CEO of a business with a minimum of $7 million annual revenue and at least 49 employees, or, for a financial service company, with at least 10 employees and $275 million in assets under management. The association was founded in 1987 and has 3,000 current members. 

 

***

 

September 6, 2018

Dear fellow members – 

Events over the past few weeks have prompted many members to contact the national office and members of the Board of Governors regarding the current crisis in the Church.  

This is a time when each member of Legatus is truly needed.  Our mission to study, live and spread the Catholic faith in our business, professional and personal lives is more crucial now than ever.  

We are certainly blessed with the leadership of Cardinal Daniel DiNardo, president of the USCCB, who has called for a “prompt and thorough examination,” into how the recently uncovered moral and ecclesiastical failings have persisted and what steps are to be taken to remedy this indescribably difficult situation. 

We have also had discussions regarding our (Legatus’) annual tithe to the Holy See, specifically pertaining to how it is being used, and what financial accountability exists within the Vatican for such charitable contributions.  The Board has begun a dialogue along these lines, and in the meantime has decided to place the Holy See annual tithe in escrow, pending further determination (by the Board).  We certainly pledge our continued devotion to Holy Mother Church, and recognize the tithe has been an important commitment of Legatus since our founding.  However, in light of recent revelations and questions, we believe it appropriate to respectfully request clarification regarding the specific use of these funds.  

Please join the Board as we continue to pray for healing and clarity during this troubled time: for our Church, for all victims of abuse and injustice, and for our clergy. 

Sincerely in Christ,

Thomas S. Monaghan

Chairman & CEO