LEVITICUS FUND - Faith Capital for Building Communities A community development fund for socially-responsive investors

News & Events>Leviticus Cornerstone Award Celebrates Service

On the occasion of its 32nd anniversary the Leviticus Fund announced the creation of the Leviticus Cornerstone Award in recognition of extraordinary commitment to social justice and the mission of community development in low-income areas.

 

The first recipient of the award is Sr. Bernadette Kenny, a member of the Religious of the Sacred Heart of Mary (RSHM) in Tarrytown, New York.  Sr. Bernadette has provided pro bono legal services to the Fund and its nonprofit borrowers for the last 25 years, and served on Leviticus’ Board of Directors for nine years, including a three-year term as President.  She received her law degree from Fordham University School of Law and is recognized for her extensive work representing religious orders and public charities affiliated with men and women religious.

 

The award presentation was made by Leviticus’ incoming Board President, Cathy Rowan, during the Fund’s Annual Meeting of its Member investors.

 

Bernadette Kenny, RSHM, center, the recipient of the Leviticus Cornerstone Award is joined by incoming Board President, Cathy Rowan, and Greg Maher, Leviticus’ Executive Director.

“The word most often repeated when people speak of Sr. Bernadette is service,” explained Greg Maher, Leviticus’ Executive Director. “Her service to Leviticus has been extensive and generously given. It is most appropriate that she receive the first Leviticus Cornerstone Award in recognition of her commitment to community development that strives to improve the quality of life for so many individuals and families lacking access to essential housing and services.”

 

Sr. Bernadette joined the Leviticus Board in 1990, only seven years after formation of the Fund.  She guided the Fund as it grew its lending and investment programs and her pro bono service eliminated lender legal fees for Leviticus’ borrowers.

 

“I love the idea of being a Cornerstone! It has been an honor and a privilege to be a small part of the work of Leviticus and, by extension, its borrowers,” said Sr. Bernadette. “I am energized by the work and by the support I have received over the years from so many of the religious congregations who are members of the Leviticus Fund.  The Cornerstone Award helps me realize that my gifts are in answer to a call, and make a contribution to a better world.”

 

Greg Maher presents recognition gift to Linda Hicken for nine years of service.

In addition to the Cornerstone award presentation, Leviticus recognized the nine years of service of its outgoing Board member and Treasurer, Linda Hincken, who is Chief Financial Officer for the Sisters of St. Dominic in Amityville, New York.

 

“As a financial institution, Leviticus benefits immensely from the guidance and input of its board members that are seasoned financial professionals,” said Mr. Maher. “Linda has been most generous with her time and talents over these many years and Leviticus is a stronger, more agile nonprofit lender because of her oversight of our Fund’s financial resources.”

 

Leviticus’ Annual Meeting this year was held at the Mariandale Retreat and Conference Center in Ossining, New York, the site of the Fund’s first office following its founding. Attendees at the meeting include Leviticus’ Member investors, who collectively hold over $3.5 million in higher risk subvention investments in the Fund.  

 

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