For decades, the popular – and, unfortunately, all too true – narrative, “Women don’t help other women,” was a prevalent message in American society. Michigan Women Forward (MWF), formerly Michigan Women’s Foundation, was founded 33 years ago to change that storyline – for good.
MWR is one of the many organizations the Portfolio Advisory Board supports through its Community Investments Fund. This fund provides investments and loans to community-based enterprises that demonstrate a commitment to social justice through alternative economic endeavors.
The founders of MWR crossed the state party lines and social strata and together leveled the playing field of the state’s female populace. They were early disrupters and innovators and they inspire the work of MWR every day.
MWF mission: To accelerate Michigan’s progress by advancing equality and opportunity for women and girls.
MWF vision: A Michigan where women are recognized leaders who thrive, contribute, and uplift the state’s future.
MWF focuses its work on four pillars:
Woman Up – Women’s Entrepreneurship Initiative. With less than 10% of venture capital and traditional funding going to women – and much less than that to low- to moderate-income women and women of color, MWF provides access to capital, education, technical assistance, and mentorship to women wishing to start and grow successful businesses. Our underlying principal is simple: If you change the life of a woman, you change a family. When you change a family, you change their community.
UGOGirls – MWF works to ensure that this Unstoppable Generation of Girls (UGOGirls) is just that … unstoppable! MWF works with middle and high school girls who see themselves as being “smart” and “leaders” to help them see a path to college, career, and community service. Last year, 100% of their summer campers said they had learned to work together as a team and collaborate on shared goals, and 100% said they planned to pursue post-secondary education.
Behind Every Woman positions MWF to inform the state’s agenda around women and social justice. Its campaign, Enough Sexual Assault in Detroit (Enough SAID), generated sufficient funding to test all 11,341 rape kits previously ignored in a warehouse and guarantee adequate resources for five to seven years of investigation and prosecution of the offenders. These actions sparked statewide effort to eliminate backlogs everywhere and prevent this injustice from ever happening again.
HERstory is designed to ensure that the stories of amazing women throughout Michigan’s history are preserved to inspire those making history today and tomorrow. To date, 323 women have been inducted into the Michigan Women’s Hall of Fame.
While the hope was that inequity and inequality would be a thing of the past by now, women continue to need help, and MWF doesn’t see this changing in the foreseeable future. Much of its current work is geared toward financial sustainability for MWF and the women and girls of Michigan.
The Community Impact Notes, in which the Adrian Dominican Sisters invested, are key to a strong future sustained by those with the foresight to believe in MWF's mission.
In his 2018 book, Democratizing Finance: Origins of the Community Development Financial Institutions Movement, Clifford N. Rosenthal makes references to the key role Adrian Dominican Sisters played in the Community Development Financial Institutions (CDFI) movement – and in bringing the Sisters’ social justice focus to finance.
The author notes the Congregation’s establishment in 1974 of the Portfolio Advisory Board (PAB), which, rooted in Catholic social justice teachings, brings social justice to finance through shareholder advocacy with corporations and community investment (page 73).
He also cites the Congregation’s “leading role among faith-based community investors” when, in 1982, it awarded a $30,000 low-interest loan to the National Federation of Community Development Credit Unions (CDCU). He notes that, of all community investors, “the Adrian Dominicans were distinguished by their strong engagement: they wanted to see the impact of their investment first-hand, and where needed, to try to help out with workouts when organizations ran into trouble” (pp. 121-122).
Finally, he cites the recent critique of CDFIs by Adrian Dominican Sister Corinne Florek, OP, consultant to the PAB and Director of the Religious Communities Investment Fund and the Mercy Partnership Fund. Sister Corinne has called on CDFIs to remember their original purpose, to grant loans to community organizations seen as too risky for commercial banks, and not to get side-tracked by focusing on the strength of their own financial performance.
For more information on the Portfolio Advisory Board of the Adrian Dominican Sisters, explore their webpages or contact them at 517-266-352 or PAB@adriandominicans.org.
Posted April 1, 2019
August 28, 2018, Adrian, Michigan – Neighbors in an abandoned area of Detroit, people evicted from their ancestral lands and living in a “squatters’ community” in a desert area of the Dominican Republic, and the homeless population in the State of Washington. People in these situations were able to overcome their desperate circumstances, form community, and improve their lives with the help of individual Adrian Dominican Sisters.
| VIEW A VIDEO RECORDING OF THE PRESENTATION AT THE BOTTOM OF THIS ARTICLE |
The Sisters who ministered with the people to form these communities shared what they learned during an educational forum that was designed to help others in the Congregation to help create resiliency in their own communities. One of four Enactments of General Chapter 2016 commits the Congregation to “facilitate and participate in creating resilient communities with people who are relegated to the margins, valuing their faith, wisdom, and integrity.”
Although resilient communities can be defined in a number of ways, the Adrian Dominican Sisters have adopted this working definition: “one that has a long-range sustainable vision that emerges from the community through an inclusive, collaborative process that engages diverse grassroots leaders and persons who have traditionally been marginalized; creates partnerships built on trust; seeks equity and justice; draws on spiritual wisdom and is healing; and reflects a concern for future generations, living within Earth’s regenerative capacity (i.e., ‘one-planet thinking’). These elements combine to promote the well-being and vitality of the community and its ability to address ongoing stressors from crises or disasters and sustain itself into the future.”
The Adrian Dominican Sisters’ Leadership Council designated 2018 as a year of study about resilient communities. Resiliency in our Midst, held on August 22 at Weber Retreat & Conference Center, brought forward the personal experiences of Sisters Janet Stankowski, OP; Maurine Barzantni, OP; and Judy Byron, OP.
While the ministries they spoke of differ, the three Sisters also spoke of ways that they specifically fit the Congregation’s working definition of resilient communities. Many of these communities fit a number of aspects of the definition, but below are highlights.
In their ministry, Sisters Maurine Barzantni, OP, and Renee Richie, OP, waked with and fostered the leadership abilities of the local women living with their families in a cluster of houses – essentially a “squatter’s community” at the crossroads of Cruce de Arroyo Honda in the Dominican Republic. “We told them we couldn’t lead the meetings because our Spanish wasn’t good,” Sister Maurine said. They role-played with the women so that they could manage an upcoming meeting – and helped them to build up their confidence. “About a dozen women emerged as leaders.”
Once the women came to understand that God did not want them to be poor, they worked together to meet the community needs that they themselves identified. Working as committees, they brought to their community prefabricated latrines; medical services, such as weekly consultations by two doctors, a pharmacy, and a medical lab; and Fe y Alegria Espiritu Santo, a school that began with 127 first-grade students ages 6 to 16. Because of earlier lack of educational opportunities, many of the students began first grade at an older age. The school now boasts a K-12 program with 1,500 students and professional teachers who graduated from their school.
Sister Janet Stankowski, OP, and Associate Patricia Gillis founded Voices for Earth Justice as an interfaith community “praying, learning, and taking action together for Earth justice.” The community was developed to address the environmental injustice plaguing the people of Detroit. In 2011, they purchased five lots with two buildings in the Brightmoor area of Detroit and built Hope House as a “gathering place and resource for neighbors and visitors,” especially around the area of environmental justice.
Voices for Earth Justice offers a number of workshops and retreats and leads the community in actions such as climate marches and lobbying with legislators, but remains focused on spirituality. “Prayer was and is our focus – to bring people together to pray for peace for all creation,” Sister Janet said. “We believe a spiritual transformation was needed to make the pollution and destruction stop.”
Sister Judy Byron, OP, serves on the Board of Directors of Mercy Housing Northwest, an organization founded in 1992 through a collaboration of five communities of women religious in the Seattle area – including the Edmonds Dominican Sisters, now merged with the Adrian Dominican Sisters – and Mercy Housing, Inc. The goal was to create stable, permanent, affordable housing for groups that could otherwise be homeless, including low-income families, seniors, and immigrants and refugees.
Today, Mercy Housing Northwest manages about 54 properties, residential complexes in the State of Washington that offer services such wellness and after-school programs. Many of those complexes were developed through partnerships. For example, Emerald City Commons – a 60-unit complex in Seattle – was developed through collaboration with an evangelical church, which had owned the property and wanted to build housing on it. Mercy Housing Northwest partnered with them to develop the complex, Sister Judy said. She explained that Mercy Housing Northwest also collaborates with government organizations, foundations, and other social service and non-profit agencies to develop housing for people in need.
The models described by Sisters Janet, Maurine, and Judy can serve as inspiration for the various Resilient Communities Committees in the Congregation’s Mission Chapters explore areas in their geographic region where they can work with local residents to create resilient communities.
Feature photo (top): Sister Christa Marsik, OP, poses a question to one of the three panelists speaking during the Resiliency in our Midst educational forum.
From left, Sisters Janet Stankowski, OP, and Judy Byron, OP, listen to Sister Maurine Barzantni, OP, during a panel presentation. Associate Dee Joyner, Director of Resilient Communities, listens from the podium.
By Robert Rudy
There was a time in the early 1990s, Alison Yonas recounts, that a rapid increase in the size of the Latino community in North Carolina was creating a serious crime problem for new immigrants. “Some newcomers were coming from places where people did not use financial institutions or feel comfortable doing so,” she said. “They were easy targets for robbery and home invasions.”
In 2000, as a grassroots response to crime against Latino immigrants, the Latino Community Credit Union was established to provide a safe place for the Latino immigrants to save money and become more comfortable with financial situations. Through the years, the credit union has received loans from both the Religious Communities Investment Fund (RCIF), directed by Adrian Dominican Sister Corinne Florek, OP, and the Adrian Dominican Sisters, through the Portfolio Advisory Board (PAB).
The low-interest loans have helped the Latino Credit Union in its services to the local community. “When people come from countries where financial systems have failed or their experiences aren’t as strong, and you come to this country with issues of language and cultural concerns about entering a bank, it’s hard to feel comfortable,” said Alison, Vice Present of Development and Strategic Investments for the credit union.
Based in Durham, the Latino Credit Union now has 75,000 members in 12 branches throughout North Carolina. Alison said the credit union provides bilingual and bicultural services which do not require a credit history and are geared to be accessible to members – from starter accounts to checking accounts, IRAs to affordable mortgage loans.
RCIF has been involved with the Latino Credit Union since lending the organization $150,000 in 2010, Alison said. She explained that the relationship of RCIF and the credit union is an easy one because of the alignment of their missions and because “people with RCIF are leaders in socially responsible investing.”
The Latino Credit Union provides banking solutions and education through workshops on such topics as budgeting, saving, and credit. “The workshops are one of the most inspiring parts of the work that we do,” Alison said. “We have a graduation ceremony at the end of the workshops. For some of our members, it’s their first experience graduating.”
The credit union has also helped more than 2,300 “dreamers” – those who immigrated to the United States as children with their parents without formal papers – with a loan for the $465 application fee for the Deferred Action for Childhood Arrivals (DACA) program. The Latino Credit Union has provided more of these loans than any other country, Alison said.
Posted July 2018
Feature photo: The Latino Credit Union, organized into 12 branches in North Carolina, offers financial services to those who might not otherwise have access to those services. Photo Courtesy of Latino Credit Union
July 23, 2018, Adrian, Michigan – The second in a series of educational forums on resilient communities is being offered by Adrian Dominican Sisters from 1:30 p.m. to 4:30 p.m. Wednesday, August 22, 2018, at Weber Retreat and Conference Center. Titled “Resiliency in our Midst,” the program includes presentations by Adrian Dominican Sisters Judy Byron, OP, Maurine Barzantni, OP, and Janet Stankowski, OP, on their experiences in serving in resilient communities.
The program is free and open to the public, but space is limited. Early registration is recommended by calling 517-266-4000 or visiting http://bit.ly/RCweber.
About 26 years ago, Sister Judy and women religious from four other congregations in the Seattle area responded to the growing problem of homelessness by building partnerships among religious, developers, and residents to create affordable housing and wrap-around services. By reaching out to neighbors and working with others, Mercy Northwest Housing became a national model for comprehensive community development.
In 1960, Sister Judy entered the Congregation of the Dominican Sisters of Edmonds (Washington), which merged with the Adrian Dominican Congregation in 2003. She was elected to serve on the Edmonds Dominicans’ General Council and later as Prioress. She was one of the founders of the Intercommunity Peace and Justice Center, where she serves as Program Director. She is also the Director of the Northwest Coalition for Responsible Investment.
Sister Maurine and the late Renee Richie, OP, began to minister with displaced and impoverished people in a remote, rural area of the Dominican Republic in 1990. They met with the women of El Cruce de Arroyo Hondo to identify needs and dreams: a medicine dispensary and a K-12 school, Escuela Espíritu Santo Fe y Alegria, which has become the heart of the community. Sister Maurine left the Dominican Republic in 2011 and has since ministered in Kenya for three years and for another three years among the Carrier Nation in northern British Columbia, Canada. An Adrian Dominican Sister for 59 years, Sister Maurine taught in the Chicago area for most of her first 30 years in religious life.
Sister Janet’s commitment to saving the planet brought her together with Patty Gillis, an Adrian Dominican Associate, to co-found Voices for Earth Justice. Based in Detroit, this interfaith nonprofit organization helps diverse faith communities engage in environmental awareness and action. Sister Janet’s work with Voices for Earth Justice led to the renovation of a house in Brightmoor, one of Detroit’s poorest neighborhoods. Hope House is a gathering place to connect with nature and with people from diverse backgrounds, contributing to the revitalization of the neighborhood. An Adrian Dominican Sister for 45 years, Sister Janet also has ministered as a teacher, university chaplain, parish administrator, residence hall director, and not-for-profit board member.
Weber Center is on the campus of the Adrian Dominican Sisters’ Motherhouse, 1257 E. Siena Heights Drive, Adrian. Enter the Eastern-most driveway of the complex and follow the signs to Weber Center. For information, call the Weber Center at 517-266-4000.
View/Download the Event Flyer (PDF)
June 28, 2018, San Rafael, California – In a talk last month at the Dominican Sisters Center in San Rafael, Adrian Dominican Sister Corinne Florek, OP, spoke of the socially responsible investment of Congregations such as the Dominican Sisters of San Rafael. The San Rafael Dominicans are one of eight communities of women religious who invest through the Religious Communities Investment Fund (RCIF), directed by Sister Corinne. In her talk, Sister Corinne explained the social justice benefits of the RCIF, which invests in non-profit organizations that address the needs of low-income people. The Adrian Dominican Sisters perform a similar ministry of socially responsible investment through its Portfolio Advisory Board, of which Sister Corinne is a consultant.
Read the entire article by Christina Gray in the San Francisco Catholic.
A Passion for the Peripheries
Co-creating an Economy for All
Investing in the Environment
Uniting Faith and Capital
Cultivating a Legacy
Making a Difference Bit by Little Bit
Ministry through Collaboration
These are the titles of the Religious Communities Investment Fund’s (RCIF) annual reports for the past eight years.
During those years, RCIF has grown from a $3 million fund begun by 11 congregations of women religious to a $10 million fund sponsored by 28 congregations. These congregations believe that they are called to use their financial resources as a ministry to help overcome social and environmental inequities. RCIF’s portfolio includes loans to intermediaries such as loan funds, credit unions, and international microfinance institutions, as well as direct loans to nonprofits.
RCIF’s mission is to promote economic justice through investments in low-income communities worldwide. The fund seeks to promote an economy of solidarity and to reflect the Gospel values of economic justice, compassion, human dignity, and environmental stewardship. As Adrian Dominican Sister Corinne Florek, OP, the founding Executive Director, has said, “We promised the congregations that this fund would be as effective, efficient, and prophetic as when each congregation operated their own fund.”
RCIF enables smaller congregations that never had their own community investment program to participate in this ministry. “The investment is an extension of our charism into an arena where we would not otherwise be visible – a spiritual parallel to the hidden life of the Holy Family in Nazareth,” said Sister Gladys Guenther, of the Sisters of the Holy Family, at the fifth anniversary celebration of RCIF.
RCIF is “another way to turn the coin on our diminishing resources so that they are working to transform underserved areas,” said Sister Cathy Minhoto, of the Religious of the Sacred Heart of Mary. “Through partnerships we never had 50 years ago, we are able to continue our mission and we can see the impact our investment makes globally.”
The Adrian Dominican Sisters joined RCIF in 2017. The advantage of membership is that it allows for larger and riskier loans. Some of the more intriguing loans made possible by RCIF were to organizations such as Los Angeles House of Ruth, a domestic violence prevention program; the YWCA of Watsonville, California, which offers a program to empower Latina girls; a student cooperative in Bloomington, Indiana, for their residence; and Friendship Bridge, which provides microfinance and health clinics to indigenous women in Guatemala.
A unique feature of RCIF is its development of prayer cards for the congregations. Each year, RCIF chooses five organizations and gives prayer cards to the Sisters in the member congregations, describing the organization and asking them to pray for the staff and clients. “When I do a site visit and I talk to the staff about who the Sisters are and that we come with not just money but also our prayers, I see many eyes well up with tears,” Sister Corinne said. “Our prayers are deeply appreciated because this work is hard and it takes strength and courage from staff, as well as their clients.”
RCIF is delighted that the Adrian Dominicans have become a member to continue this ministry of economic justice.
Left: This Guatemalan weaver is one of the clients of Friendship Bridge. Right: Girls practice yoga as part of their empowerment program at the YWCA in Watsonville, California.
December, 2017 – First Nations Oweesta Corporation was created 18 years ago to address the lack of capital and financial infrastructure needed for economic development in Native communities recognized by its parent organization, First Nations Development Institute. Oweesta’s mission is to provide opportunities for Native people to develop financial assets and create wealth by assisting in the establishment of strong, permanent institutions and programs contributing to economic independence and strengthening sovereignty for all Native communities.
Oweesta is the only existing intermediary to Native Community Development Financial Institutions (NCDFIs), offering financial products and development services exclusively to Native CDFIs and Native communities. Specifically, Oweesta provides training, technical assistance, investments, research, and policy advocacy to help Native communities develop an integrated range of asset-building products and services, including financial education and financial products.
Oweesta’s education program assists in developing programs such as financial education, matched savings programs, and credit counseling. Its Building Native Communities: Financial Skills for Families curriculum offers a culturally appropriate training program to help Native organizations establish and sustain financial education programs from certified instructors with deep experience in Native communities.
In addition, Oweesta assists certified and emerging Native CDFIs with individualized training, technical assistance, and systematic, multi-faceted program delivery. Their goal is to help create and sustain healthy and thriving Native CDFI operations.
Oweesta seeks to create appropriate loan products that enable reinvestment of capital back into Native communities. As a lending intermediary, Oweesta is also supported by debt and equity investments, which enhances its capitalization base to better serve Native communities across the nation.
As a leader in the Native CDFI industry, Oweesta strives to inform potential investors, federal agencies, and the general public on the current industry climate. Employees research and distribute several publications each year and analyze best practices within established Native CDFIs.
Oweesta serves as a voice for Native communities to help inform policy that supports Native community development and encourages Native communities to join in advocacy work.
For more information, visit www.oweesta.org
Oweesta hosts a training session in Denver for its 'Building Native Communities' curriculum
November 16, 2017 — "If you give someone a fish, you feed them for a day, but if you teach them to fish, you feed them for a lifetime." LiftFund helps entrepreneurs buy the pond where they fish. They help small business owners create and own assets to break the cycle of poverty in the United States through entrepreneurship.
Since 1994, this non-profit small business lender has provided capital to underbanked and underserved entrepreneurs. LiftFund has provided over 18,000 business loans totaling over $220 million to diverse entrepreneurs across 13 states.
LiftFund’s vision is that entrepreneurs, regardless of their backgrounds, should have access to capital. That vision is supported by several partners, including the Adrian Dominican Sisters, who have invested in LiftFund for many years through their Portfolio Advisory Board.
These investments have lifted Larissa Wilson, owner of Hannah’s Gluten-Free Bakery, to new opportunities. “For my family, baking is the language of love,” Larissa said. She and her daughter, Hannah, were devastated when they were diagnosed with celiac disease. Determined to continue baking, Larissa began creating her own flours, and Hannah suggested opening a bakery to bring gluten-free sweets to their community.
Larissa was unable to secure a loan from her bank for her growing bakery, so they referred her to LiftFund, where she received a $5,000 business loan to expand her business.
To learn more about LiftFund, and to help people just like Larissa, visit www.liftfund.com.
“Your land must not be sold on a permanent basis
because you do not own it;
it belongs to God,
and you are like foreigners,
who are allowed to make use of it.” (Lev. 25:23)
October 13, 2017 — At its core, community development works to align capital with projects that improve the physical and economic health of low-income residents in the communities where they live and work.
Leviticus’ mission is rooted in this same vision of economic justice, and is inspired by the biblical passage of Leviticus (above), from which they derive their name. Thirty-four years ago, an initial investment of $360,000 from their founders--religious communities active in direct-service ministries in New York, New Jersey and Connecticut--has grown to over $23.9 million in invested capital, of which 43 percent is money from organizations and individuals who are guided by their faith-based values.
Mission-focused lending is key in supporting innovative solutions to the crisis-level shortage of affordable housing and supportive housing that many communities face.
With over $75.7 million in cumulative lending, Leviticus’ highly flexible, fixed-rate, low-fee financing helps local nonprofits increase both scale and impact. This financing also supports their ability to leverage over $600 million in public and private capital from other sources.
Guided by program values and priorities, Leviticus focuses on using capital to serve the most economically vulnerable and to enhance education, health care, and healthy food access that promotes sustainable communities for the future.
Leviticus’ borrowers and investors are proud that they have helped generate:
For more information, visit www.leviticusfund.org.
Portfolio Advisory Board, Adrian Dominican Sisters | 1257 E. Siena Heights Drive | Adrian, Michigan 49221
Phone: (517) 266-3523 | Email: