June 15, 2006
Most Colleges Keep Mum on Holdings
Two-thirds of the nation's colleges and universities do not make public the holdings in their endowments, according to a survey by the Sustainable Endowments Institute, in Cambridge, Mass.
The institute, a project of Rockefeller Philanthropy Advisers, also found that nearly three-quarters of the educational institutions do not routinely make public information about how they vote their proxies on shareholder resolutions filed with companies in which they own stock.
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