PCG is a membership corporation comprised of faith based institutions committed to promoting economic justice through community investing. Our co-sponsoring members bring their names, reputations, vision, values and resources to support its mission of economic justice and provide leadership in supporting the growth of a permanent institution dedicated to investing in the common good. We invite institutions of all denominations and diverse traditions to join us in our collaborative effort.
Member Representatives
Brother Timothy Froehlich, FSC
Director of Finance, Baltimore
CBIS, Inc.
Brother Timothy Froehlich has served on the CBIS Board of Directors since February of 1996. A member of the De La Salle Christian Brothers since 1982, Br. Timothy is director of finance for the Baltimore Province, a position he has held since 1994. From 1991 to 1994, he worked as an investment consultant for Christian Brothers Investment Services, Inc. He served on the investment committee of the Marist Brothers (NJ), and currently serves on the investment committee of the Sisters of St. Joseph (Baden, PA). Br. Timothy also serves on a number of boards and committees of various Lasallian apostolates within and outside the Baltimore Province and on the board of the National Association of Treasures for Religious Institutes (NATRI). He is an ex-officio member of the Baltimore Province District Council and serves as chair of its finance committee. Br. Timothy is a 1978 graduate of Duquesne University, Pittsburgh, where he obtained an undergraduate degree in business administration with a major in management and a minor in sociology. He also obtained a master's degree in theology from La Salle University, Philadelphia, in 1990, and a teaching certificate in accounting from St. Joseph's University, Philadelphia.
Sister Mary Bernadette McNulty, CSJ,
Chairperson of Member Representatives
VP, Sisters of St. Joseph of Orange
Sister Mary Bernadette McNulty is Vice President of the Sisters of St. Joseph of Orange, a position she assumed in 2001. As Vice President and Treasurer of the congregation since 1981, her responsibilities include financial management, investments, and property management. She is also a member of the Board of Trustees of St. Joseph Hospital Orange, past Treasurer and current finance committee member of the Leadership Conference of Religious Women, and a member of the finance committee of the Sisters of the Holy Faith. Sr. Mary Bernadette spent nearly twenty years as a teacher and administrator in various schools within California run by the Sisters of St. Joseph. She is a Board member of Taller Jan Jose, (a sponsored ministry of the Sisters of St. Joseph of Orange) a non-profit organization that provides educational (GED) and job training programs to enable low-income, at-risk young adults (18-28) in San Jose to attain the job skills to earn a living wage. Sr. Mary Bernadette is also a Board member of the Presentation Learning Center in the Watts area of Los Angeles (which provides educational services to Spanish-speaking immigrants from Mexico and Central and South America). She has served as Treasurer and President of the National Association for Treasurers of Religious Institutes and acts as a consultant to religious institutes through the National Religious Retirement Office. Sr. Mary Bernadette holds a Bachelor of Arts degree from St. Joseph's College in Orange, a Master of Arts in Administration from Loyola Marymont University, Los Angeles, and pursued graduate studies in finance at California State University, Fullerton and the University of Notre Dame in South Bend, Indiana.
Sr. Mary Bernadette served as Treasurer of PCG's Board of Directors from 2000-2004. Her congregation was an investor in the previous Common Good funds.
Sister Nora Nash, OSF
Director of Corporate Responsibility
Sisters of St. Francis of Philadelphia
Born in Co. Limerick, Ireland, Sr. Nora M. Nash was professed as a Sister of St. Francis of Philadelphia in 1961. She received a BS in Social Sciences from Our Lady of Angels College Aston, PA (now Neumann College) and a Masters In Educational Administration from St. Bonaventure University. She was a teacher at elementary level for many years and was Principal of K-8 for fifteen years. From 1993-2001 she served as Novice Director for her congregation, and since that time she has been the Director of Corporate Social Responsibility. She currently manages the congregations' assets in Community Development and Social Justice, and participates in Shareholder Advocacy as a member of ICCR.
Sr. Nora has served on numerous and varied committees and boards, such as Trenton Diocesan PTA Board Advisor, Trenton Diocesan Synod Committee, Middle States Accreditation Chair, St. Francis Hospital Board of Trustees, Coordinator of Heritage Communities' activities, and Treasurer for the Eastern Franciscan Common Novitiate. In addition to her many commitments, she enjoys reading, music, socials, and is a loyal fan of Notre Dame and Philly teams.
Sister Maureen Welsh, SHCJ
Justice Representative
Society of the Holy Child Jesus
Sister Maureen Welsh has recently been tapped for various task forces of the Sisters of the Holy Child, currently representing the American Province in a coalition for responsible investing. While at the College Board (College Entrance Examination Board) in New York City from 1997-2002, Sister Maureen managed long-range planning, budgeting, and reporting activities; coordinated management and associational services; and facilitated a major advisory council. Previously, while directing school services at the College Board, she created materials/activities to increase the number of students (disadvantaged because of poverty, disability, English proficiency, and/or academic achievement) who were prepared for, and knowledgeable about, college. As director of the College Board’s largest assessment program from 1984-1997, Sr. Maureen implemented major changes in test content, scores, reports, and communications for millions of students and thousands of educators.
Having earned an undergraduate degree (Humanities) from Villanova University as well as graduate degrees (Education) from Villanova University and the University of Pennsylvania, Sr. Maureen initiated/directed college counseling services at a new diocesan secondary school, after serving as administrator and teacher at a School of the Holy Child in New York, Oregon, and Pennsylvania.
Lura Mack
Member Representative
Dominican Collaborative
Lura Mack has worked in the community economic development field since 1996, in her current position as Coordinator of Community Investments and Administration for the Adrian Dominican Sisters since 2003. In that capacity, her focus is on establishing, monitoring and maintaining partnerships with nonprofit community-based organizations, inviting and overseeing the loan application process, carrying out site visits with borrower groups, as well as general administration of the Portfolio Advisory Board Office.
Lura is the current Treasurer on the Board of Directors for Oikocredit USA, an international micro-credit lending institution based in Washington, D.C. In addition, she most recently serves locally on the Finance Committee of Hope Community Center and the National Alliance for Mental Illness (NAMI) of Lenawee. Lura holds a BA in Business Administration majoring in accounting from Siena Heights University. She resides with her husband in Lenawee County, Michigan.
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