Oberlin Unites for Weekend of Student Power

"Weekend of Student Power" was the name given to a weekend packed with student activist trainings.  RIO, Oberlin's Responsible Investing Organization, started Saturday with a general interest meeting.

By the end of the Weekend of Student Power, RIO had created the blog Oberlin Unite. And Emily, a newcomer to RIO, had written up a blog post.  Here's an excerpt:

A Very Short Guide to How Oberlin Invests The Endowment ($670 million)
The Board of Trustees has an Investment Committee, which then chooses money managers to invest in equity funds through the college’s Investment Office. Currently, the policy of the Investment Committee is simply to invest in ways which yield the greatest financial returns.




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What RIO is working on this semester 

1. Get $50 million invested in Community Development Financial Institutions, which have a local and sometimes regional focus. Credit unions are an example of CDFIs.

2. Help select a new CFO who is committed to responsible investment.

3. Continue the Break Up With Your Bank campaign across campus

4. Hold a policy symposium, with members of the investment committee, faculty, students, and community members, to create a written commitment to responsible investment and possibly re/instate a committee to oversee the policy.

5. Make a Responsible Senior Contribution fund, to which graduating seniors could donate with the stipulation that it be used for responsible investments.

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