We are pleased to announce that on May 21, 2015 the University of Hawaii Board of Regents voted to do a broad-based divestment the UH endowment from fossil fuel stocks to be completed within 3 years. Media Advisory can be viewed here.
The UH endowment is dwarfed, however, by a separate endowment for the benefit of the UH system maintained by the UH Foundation, a discrete entity. We welcome the UH Foundation to join with UH’s Board of Regents in making this decision in favor of the well-being of all current and future UH students, their families, and humanity at large.
University of Hawaiʻi Foundation (UHF) works closely with university leaders, but is an independent, non-profit foundation that is legally separate from the university and the State of Hawaiʻi. The Foundation is the primary fundraising organization that raises private money for the university, and ensures that gifts are used according to donors’ wishes and that funds are managed wisely so future generations will benefit from them.
We wish to offer our thanks to UH President David Lassner and all of the Regents who voted in favor of fossil fuel divestment: