Philip Katz (left), class of 1982, and Massachusetts Institute of Technology Professor of Political Science Willard Johnson (right), both founders and board members of MIT Endowment for Divestiture, presenting a check for approximately $2,500 to Dean of the Graduate School Frank Perkins (center). The money had been donated by MIT alumni to be put in an escrow as a way to prod MIT more actively to oppose apartheid by divesting from companies doing business in South Africa. Following the democratic election in South Africa in April 1994, the Endowment for Divestiture Trustees decided to release the funds to MIT to be used to boost minority scholarship assistance and advancing equal opportunity...
Philip Katz (left), class of 1982, and Massachusetts Institute of Technology Professor of Political Science Willard Johnson (right), both founders and board members of MIT Endowment for Divestiture, presenting a check for approximately $2,500 to Dean of the Graduate School Frank Perkins (center). The money had been donated by MIT alumni to be put in an escrow as a way to prod MIT more actively to oppose apartheid by divesting from companies doing business in South Africa. Following the democratic election in South Africa in April 1994, the Endowment for Divestiture Trustees decided to release the funds to MIT to be used to boost minority scholarship assistance and advancing equal opportunity for victims of racial oppression, especially from South Africa. Katz is wearing a black shirt, Johnson is wearing a black turtleneck and beige and black African print vest and hat, and Perkins is wearing a white shirt and black tie.
