Statement on Divestment

Published May 2, 2024

University leadership has heard student concerns about whether we are supporting the war in Gaza through our investments. The short answer is no. 

The University does not purchase individual stocks as part of our investment programs; our assets instead taking the form of blended funds. That said, in the case of the university’s 49er Foundation, which holds the institution’s endowment, many efforts have been made over the past few years to create a portfolio that consciously reflects environmentally and socially responsible investing as a general approach by the Foundation’s investment managers. Investments held by supporting organizations to the university are for the express purpose of supporting our students.

Scott Apel
Vice President for Administration and Finance
Chief Financial Officer