Smith College’s Board of Trustees voted on Saturday to refrain from investing its endowment’s assets in companies that “directly or indirectly” support the Sudanese government because of its “campaign of genocide in the Darfur region,” according to a college news release. The board acted at the recommendation of the college’s Committee on Investor Responsibility, which said that the Khartoum government has “armed and aided Arabic-speaking Darfuri militias who have murdered and raped their ethnic African neighbors and destroyed their villages.”
Smith’s endowment, which crept over $1-billion last year, according to the latest figures available, contains investments in two companies that might be subject to divestment, the college said. In taking this step, Smith follows a number of other aflluent colleges and universities that have announced divestment plans since last year, including Harvard University, Stanford University, Yale University, Brown University, and the University of California.





