Since netting about $1 billion from the 1998 sale of Domino's to Bain Capital, Monaghan, 69, has become one of the leading U.S. philanthropists and the biggest benefactor of conservative Roman Catholic institutions.
In the past eight years, his Ave Maria Foundation, based in Ann Arbor, Michigan, has donated $140 million to promote conservative Catholic education, media and other organizations, including Detroit-area parochial grade schools, a law school and small regional colleges in Michigan and Nicaragua, along with radio stations and a fellowship group for Catholic business leaders."
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