[Fellow Georgetown Students and faculty members, The Committee for Responsible Investment (CRI) is holding an important petition drive from Monday April 9 through Friday April 13, …]
[Fellow Georgetown Students and faculty members, The Committee for Responsible Investment (CRI) is holding an important petition drive from Monday April 9 through Friday April 13, …]
The document explains the purpose of this petition: "WE THE UNDERSIGNED OPPOSE THE ADMINISTRATION'S POLICY OF INVESTING IN COMPANIES WHICH DO BUSINESS IN SOUTH AFRICA, BECAUSE SUCH BUSINESSES HELP TO SUPPORT RATHER THAN TO REFORM THE INHUMANE APARTHEID SYSTEM. WE HEREBY PLEDGE TO WITHHOLD ANY DONATIONS TO GEORGETOWN UNIVERSITY UNTIL THE UNIVERSITY DIVESTS ITSELF OF SUCH INVESTMENTS." Georgetown University's endowment currently exceeds $97 million dollars. $9,626,738; of this -- about 10% -- is invested in U.S. companies that do business in South Africa; CRI is conducting a divestment drive to get Georgetown endowment dollars out of these companies. The document mentions I.B.M....
The document explains the purpose of this petition: "WE THE UNDERSIGNED OPPOSE THE ADMINISTRATION'S POLICY OF INVESTING IN COMPANIES WHICH DO BUSINESS IN SOUTH AFRICA, BECAUSE SUCH BUSINESSES HELP TO SUPPORT RATHER THAN TO REFORM THE INHUMANE APARTHEID SYSTEM. WE HEREBY PLEDGE TO WITHHOLD ANY DONATIONS TO GEORGETOWN UNIVERSITY UNTIL THE UNIVERSITY DIVESTS ITSELF OF SUCH INVESTMENTS." Georgetown University's endowment currently exceeds $97 million dollars. $9,626,738; of this -- about 10% -- is invested in U.S. companies that do business in South Africa; CRI is conducting a divestment drive to get Georgetown endowment dollars out of these companies. The document mentions I.B.M. (International Business Machines, IBM), Revlon, American Express, Goodyear Tire, Johnson and Johnson (Johnson and Johnson).
