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Class of 1969 Discussions

 

Forum: Oberlin's Finances

TOPIC: 

Endowment Decisions

Created on: 03/06/20 12:00 PM Views: 845 Replies: 2
Endowment Decisions
Posted Friday, March 6, 2020 12:00 PM

See below.

 
Edited 03/06/20 12:06 PM
RE: Endowment Decisions
Posted Friday, March 6, 2020 12:05 PM

In March 2020, Ted Morgan ’68 posted on that class’s reunion website:

Related to Oberlin finances, there is a group of alumni, including financial experts, who are seeking to investigate what appear to be highly questionable investment decisions made for the College's endowment. They are hoping others with financial expertise might join this group. I would suggest that anyone so interested contact me at epm2@lehigh.edu or Les Leopold (’69) at lesleopold@aol.com or Kelly Grotke ('84) at kgrotke@gmail.com. Thanks.

 
Endowment Decisions
Posted Monday, November 14, 2022 11:46 AM

See this article from the Oberlin Review "Trustees Reject Immediate Divestiture, Move to Divest Gradually."  The Class of 1968's website commented, "It should be noted that the Fossil Fuel Working Group, which brought the matter to the Board of Trustees for consideration, was never asking for immediate divestment. Their call was to bring such a move in line with the College's goal of a zero carbon footprint by 2025. Oberlin now joins 74 other institutions of higher education and hundreds of other organizations in pledging to reduce or eliminate investment in fossil fuels."

 
Edited 11/14/22 11:50 AM