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Stock-Investment Policies at the 50 Wealthiest Private Foundations

May 4, 2006 | Read Time: 6 minutes

Numerous nonprofit groups are urging private foundations to engage in what they call socially responsible

investing — including screening investments in corporate stocks to avoid companies that are engaged in practices contrary to a foundation’s mission, and voting their proxies at annual corporate meetings in favor of shareholder resolutions that promote social goals. Following are the results of a Chronicle survey that asked foundations whether they screen their investments and if they do, what types of stocks they avoid. In addition, The Chronicle asked foundations how they decide whether to vote on shareholder resolutions introduced at corporations where they own stock.