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November 9, 2020, Berea, Kentucky – Fahe, a nonprofit organization that works to lift the people of Appalachia out of poverty, awarded the Adrian Dominican Congregation the Dwayne Yost Friend of Fahe Award at its annual meeting in recognition of the Portfolio Advisory Board’s long-standing support of the organization.
The PAB was the first to invest in Fahe 40 years ago, granting a $35,000 loan in 1981 at a time with the nonprofit worked on a budget of $16,000.
Sister Corinne Florek, OP, accepted the award virtually on behalf of the Adrian Dominican Sisters. “We are so grateful that we were able to be part of the beginning and nurtured a seed that has borne incredible fruit,” she said.
Watch the award presentation.
August 8, 2016, Detroit, Michigan – Many people might write off Detroit as a “lost cause” because of the well-known poverty and violence afflicting this town. However, Lura Mack and Kristine Cooper, director and executive assistant, respectively, of the Adrian Dominican Sisters’ Portfolio Advisory Board (PAB), spent a day visiting a variety of organizations that have made a difference for the individuals and communities in this troubled city.
For more than 40 years, the PAB has helped the Adrian Congregation to use its financial assets to further the values of the Gospel in the economic realm, through the wings of corporate responsibility and community investment. During a recent tour of Detroit hosted by IFF Detroit. The PAB has granted low-interest loans to IFF Detroit for its work, in turn, in lending to organizations that “create opportunities for low-income communities and people with disabilities.”
During the tour, Lura and Kris visited three organizations that have received low-interest loans from IFF Detroit:
“The trip reminded me of the ‘bus trips’ the Adrian Dominican Sisters used to provide when they first began doing this work as a way to educate the members about where their dollars were being invested in the community,” Lura said. “What a great experience and inspiration to see first-hand how the investment dollars are being used to benefit these organizations as they provide creative opportunities and hope to individuals.”