May 12, 2005
Foundations, Wield Your Proxies With Care
Global warming. AIDS. Human rights. Campaign finance. Access to prescription drugs. Sexual bias. Those are all important issues that draw millions of dollars in foundation grants to groups dealing with their many facets. They also happen to be some of the most prominent issues being considered in the form of shareholder resolutions at corporate annual meetings this spring and fall.
With close to $500-billion in the endowments of U.S. foundations -- much of it in publicly traded
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