Foundations - South Africa

Fall
1987
Resolution Number: 
08.01
Contact: 
Assigned to : 
Category: 
General Concerns
Status: 
Assigned

Whereas one or more community college foundations are investing funds directly or indirectly in companies or corporations that are presently doing business in South Africa, and

Whereas it is a well-documented fact that the high returns on investments in companies or corporations doing business in South Africa are a direct result of the exploitation of people oppressed by the apartheid system, and

Whereas investing in companies or corporations doing business with South Africa compromises the mission of community colleges to educate and instill in students a sense of equity, fairness, and justice toward all people, and

Whereas nearly all black leaders in South Africa (such as Bishop Desmond Tutu and the head of the Black Miners Union) have asked the countries of the world to impose sanctions, including divestment, against South Africa to hasten the pace of change,


Resolved that the Academic Senate for California Community Colleges recommend that local senates investigate the nature of investments held by their college's foundations, and

Resolved, should a college's foundation be found to be investing, directly or indirectly, in companies or corporations doing business in South Africa, that the Academic Senate for California Community Colleges suggest to local senates that they strongly recommend to the foundation board that investments be shifted to a South Africa-free investment plan.