The document says early in 1986 Virginia Theological Seminary narrowly adopted a resolution that continued the investment of seminary funds in corporations active in the South African economy; it had examined its policy in response to a 1985 General Convention recommendation that Episcopal institutions divest from such corporations; it rejected divestment, and endorsed instead the Sullivan Principles and something called the "Tutu addenda" to the Sullivan Principles. The document says church offices have been bombed; recent elections have revealed a resurgence of white support for rigid apartheid; apartheid is not reformable, nor is it going away; in the light of this reality and of increasing...
The document says early in 1986 Virginia Theological Seminary narrowly adopted a resolution that continued the investment of seminary funds in corporations active in the South African economy; it had examined its policy in response to a 1985 General Convention recommendation that Episcopal institutions divest from such corporations; it rejected divestment, and endorsed instead the Sullivan Principles and something called the "Tutu addenda" to the Sullivan Principles. The document says church offices have been bombed; recent elections have revealed a resurgence of white support for rigid apartheid; apartheid is not reformable, nor is it going away; in the light of this reality and of increasing church concern for an unambiguous witness, the seminary trustees have decided to reconsider our investment policy; this study is intended as a contribution to that dialogue. The document discusses sanctions, Rev. Leon Sullivan, "constructive engagement", African liberation movements, Dr. Allan Boesak, Desmond Tutu, the oppressed, the African National Congress (ANC), the Interfaith Center on Corporate Responsibility (ICCR), oil companies, Mobil, Shell, Mobil Oil Southern Africa Ltd., Chief Albert Luthuli, the ANC (African National Congress), the Nobel Peace Prize, Steve Biko, Winnie Mandela, the black consciousness movement, security police, the Congress of South African Trade Unions (COSATU), the United Democratic Front (UDF), the South African Council of Churches (SACC), the Christian Institute, the Rev. Beyers Naude, the South African Roman Catholic Bishops Conference, the American Friends Service Committee (AFSC), the Kairos Document, Berkeley Divinity School at Yale, Episcopal Divinity School, the School of Theology at Sewanee, and Dr. Charles Price.
