April 1, 2019, Adrian, Michigan – 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 Adrian Dominican Sisters’ efforts in corporate responsibility and community investment, visit the PAB website.
January 31, 2019, Washington, D.C. – Adrian Dominican Sisters joined thousands of other women across the United States in the 2019 Women’s March, participating in the main march in Washington, D.C., and in sister marches in other parts of the U.S.
Among the participants were Sisters Maurine Barzantni, OP, Joan Baustian, OP, Leonor Esnard, OP, and Kathleen Nolan, OP, who participated in the March in Washington, D.C., and Sisters Marian Castelluccio, OP, Corinne Florek, OP, and Evelyn Montez, OP, who marched in Oakland, California.
Sister Kathleen, Director of the Congregation’s Office of Justice, Peace and Integrity of Creation, coordinated the efforts of the Adrian-based Sisters who attended the march in Washington, D.C. She said traveling together and sharing the experience was a benefit. The Sisters drove 10 hours and stayed at a hotel in McLean, Virginia. They then traveled to the march with the aid of the hotel’s shuttle and public transportation. The Sisters spent five hours at the rally and march.
“I just wanted to stand up and be counted as one who is really dissatisfied with the way the country is being run by our leaders,” Sister Kathleen said. Still, she added, she didn’t see the march as a political rally. “What [march organizers] continue to do is connect the dots,” she explained. “They talked about intersectionality and how all the issues are connected.”
Sister Maurine said several issues were represented, from immigration to gun violence. “Our issues should be to care for each other,” she said. “That should be the issue for the whole country. Let’s care about each other. … Basically [the March] was about government – the government has to care about everybody.”
Sister Leonor recalled that a person at the march had had a sign listing issues. “The sign was not large enough to contain them all,” she said. “One of the dearest issues to my heart is women’s and children’s rights – equality: equality in pay, respect in relationships.”
The Sisters also saw some gaps in the issues that were represented. “One thing I don’t think they stressed enough through the speakers and the rally was the poverty issue, and especially single moms, many of whom are black and Latino,” Sister Joan said. “They didn’t talk about the thousands of American kids who go to bed hungry every night. You don’t hear that explicitly.”
Sister Kathleen explained there is still a feeling that marchers don’t fully welcome pro-life women. “That seems to be a gap. I’m strong on right to life, but I see it as a seamless garment – right to all life. The Bishops Conference said all people deserve respect.”
Overall, the Sisters found the Women’s March to be inclusive and peaceful. Sister Leonor especially remembered being welcomed to the march after the Sisters disembarked from the train. “It was like a welcoming before we integrated with the group,” she said. “With all those people, everyone was polite and respectful. … You had a sense of safety and solidarity.” She was also impressed with the efforts by some to greet the police officers and military who were in attendance. “We just wanted to thank them for being there,” she said.
The Sisters who participated in the march in Oakland, California were also impressed by the inclusivity and diversity in the rally at Lake Merritt and the 1-mile march to the Frank Ogawa Plaza, where city offices are located. “The beauty of it was the diversity of people: families with young children in strollers, a variety of families – two moms or two dads with their kids – and diverse ethnicities and cultures,” Sister Marian said.
“It was wonderful to be with such a diversity of people and see the many posters asking for inclusion of all,” Sister Corinne said. “The grandmothers were there singing their hearts out on one corner and a group of young women were chanting on another – a real people's party!”
The Sisters also emphasized the energy they experienced – and the sense of hope from the unity among the participants, even among those who focused on different issues. “Just being with a lot of people is energizing,” Sister Joan said. “It makes you think that you’re going in the right direction.”
Sister Kathleen emphasized “women are here to stay. They’re going to be heard and they’ll stay in the struggle. Another world is possible and the women are important in bringing that about.”