SOCIAL CHOICE FUND
Making an impact through socially responsible investing
In the spirit of many campus initiatives to promote sustainability, there is now a Socially Responsible Investment option for endowed gifts. Socially Responsible Investing (SRI) is an investment process that considers the social and environmental consequences of investments, both positive and negative, within the context of rigorous financial analysis.
This Social Choice Pool provides a way for U alumni and friends to have social criteria considered in the investment of their endowed gifts.
The equity portion of the Social Choice Pool excludes companies operating in the tobacco, alcohol, firearms, gambling, military weapons, and nuclear power industries. The remaining companies are then considered based on qualitative factors including; community relations, corporate governance, workforce diversity, employee relations, environmental stewardship, human rights, and product safety.
The Social Choice Endowment had a return of 7.3% return for the 2018 fiscal year ending June 30. This brought the three and five year annualized returns to 7.1% and 8.1% respectively. Its benchmark 60% S&P 500stocks/40% bonds, returned 8.3% for one year, 7.6% (annualized) for three years, and 8.7% (annualized) for five years.
If you are interested in providing an endowed gift to the Social Choice Pool, please contact the Development office 801-581-6825.