Legatus withholds annual donation to Vatican

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A national organization of Catholic businessmen and women has decided to withhold its annual $1 million tithe to the Vatican, and place the money in an escrow account.

In a letter from Legatus CEO and founder Tom Monaghan on Thursday, the group said the annual Vatican tithe has been placed “in escrow” due to “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,” Monaghan states. “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).”

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