Tag Archives: Legatus members

Securing the future

Happy New Year! We have just had our 2019 Annual Summit, which is the highlight of all our national events and a joyful gathering of more than 450 Legatus members from across the continent. At the Summit, we announced exciting news that in 2020, we will be going back to having two Summits a year. As a result of our growth, we want to make the Summit available to more of our members. Each Summit will not be identical, so we would love to have as many members as possible at both events.

Stephen Henley

I want to take the time to also touch on our endowment fund. In your renewal invoices, we give the option for members to donate to the fund. The fund is meant to ensure the growth and longevity of Legatus. Each year, we have members give between $15K-$30K. Your previous generosity in giving above and beyond your dues is nothing short of inspiring, especially as we continue to aim even higher in our goals. Each of you is part of a chapter that, at one point, was in development. We recently ran the numbers on what it takes to develop a chapter and it is a NET cost of $50K. This is by far the largest expense in our budget. However, how can we say “no” to growth when we can see the impact on all our lives and the amount of souls it has brought back to Christ? Throughout our 32 years, Legatus has had a great benefactor in its founder, Tom Monaghan, who has given over $13 million to Legatus and continues to pay his own way in all ways (dues, Summits, pilgrimages). But we are self-sufficient now and should not continue to count on his generosity.

Our goal in 2019 is to develop at least 12 new chapters, which equates to a net cost of $600K. Our national budget is not built with a surplus of $600K, so where do we get it? Either a chapter founder funds the development (we have had many of these before, such as Tim Busch or Joe Canizaro), we utilize funds from the endowment, or we raise dues $200/ member. I believe our two best options are to find chapter founders and to increase our endowment.

A possible fourth option is for those chapters that have excess funds year to year, to sponsor and/ or adopt a developing chapter. This is a way for a chapter to be involved in the future growth directly and put their excess funds to the best investment out there.

Between pages 38 and 39 of this issue, you will find an envelope where you can make a fully tax-deductible donation to the Legatus endowment fund. Please consider making a gift, and also consider naming Legatus in your will. You know the impact and potential Legatus has in our world. Let’s work together to secure that for many years to come!

STEPHEN HENLEY is Legatus’ executive director.

A year in review

As we head into the season of resolutions, I think it is a good time to recap 2018 for Legatus and share some of our accomplishments, shortcomings, and our goals for the year ahead. As I begin my third year as executive director/president of Legatus, it has truly been an honor to serve you, our members, and to help ensure the continued growth and success of Legatus, and ultimately, achieving our goal of steering as many souls toward heaven as possible.

Stephen Henley

Since I began in this role, our chairman and CEO, Tom Monaghan, has reiterated the operational goals: better chapters and more of them, in that order. Regarding the order of better chapters: through the life of Legatus, we have chartered over 100 chapters, but for various reasons, too many chapters have closed prematurely. Upon examination, we determined that this is where it is on us as an organization to ensure our chapters are providing the experience for members that keeps their chapters alive and fruitful.

One part of this effort was the increased role of our chapter administrators. We have all grown to value them, but we simply were not giving our chapter administrators the precise tools to do their job most effectively and support growth in their positions. I now believe, with the proper support through the chapter boards, along with their national liaison and the online training modules, we will continue to see better results.

The role of the chapter administrator is the reason why our renewals were ahead of any year previously and the reason we finished at 88.5 percent renewal.

The second component to our operational goals is more chapters. This year to-date, we have chartered chapters in Louisville, Tulsa, San Francisco, and Newark, and are on the cusp of chartering five more before year-end: Kansas City, Bismarck, North Georgia, Greenville, and Jupiter/ Palm Beach. I project that by year-end, Legatus will have had a growth of around 3-4 percent.

I am delighted to say that we also have formulated a new model for development. Over the past five years, Legatus has been geared in new-chapter growth mode. Unfortunately, at times, this had been at the sacrifice of current chapters. We had to figure out how to grow new chapters while maintaining the integrity of our current ones. I have enlisted the expertise of Nancy Haskell to oversee all new development. This means that regional directors and zone managers will be focused on current chapter growth and sustainment. Nancy, having chartered over 15 chapters herself, knows what it takes to cross that goal line. Our chapter development teams will be more focused and more effective, while at the same time, being less costly.

We are proud to see what we have accomplished this year and look forward to the challenges ahead. From the Legatus headquarters in Ann Arbor, I pray you all have a blessed Christmas and fruitful New Year!

STEPHEN HENLEY is Legatus’ executive director.