National Committee for Responsive Philanthropy
April 10, 2009
By Meredith Brodbeck
The Rockefeller Philanthropy Advisors and the As You Sow Foundation have released a new report titled Proxy Preview 2009, which is “designed to help foundations navigate these [shareholder] proposals and identify those that are relevant to their mission and grantmaking agendas.” For many foundations proxy voting is left to financial or investment managers; Proxy Preview 2009 concludes that as a result, foundations are often making investments that conflict with their own missions.
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