Investment Philosophy - Recognition of the Sullivan Principles
POL 01.10.2
Authority: Board of Trustees
History:
First Issued: November 8, 1985. Last Revised: November 21, 1997.
Related Policies:
UNC Code: Section 704; Appendix VII.
Contact Info: University Treasurer (919-515-2143)
1. The Board of Trustees of the
Endowment Fund of North Carolina State University at Raleigh recognizes that
its primary fiduciary responsibility is investing and managing the University's
endowment in a manner that maximizes the return on those investments while
it minimizes the amount of risk to which the endowment portfolio is subjected;
2. The Board of Trustees of the
Endowment Fund also believes in the fundamental human rights of all people,
including the right to enjoy full citizenship and equal opportunity in the
economic, social, cultural and educational activities of their country;
3. The Board of Trustees of the
Endowment Fund of North Carolina State University at Raleigh recognizes the
Sullivan Principles as a guide for determining a company's commitment to the
advancement of citizenship and equality;
4. The Treasurer and the Fiscal
Agent, in applying the investment principles for the Endowment Fund's portfolio,
will be guided by the Sullivan Principles and/or other appropriate corporate
policies embodying the essence of the Sullivan Principles;
