25 years ago, on November 13th, 1989, the Board of Trustees announced the College’s intention to completely divest the endowment from companies operating in South Africa. This decision was the culmination of almost 20 years of protests and discussion between students, administrators, and community members regarding the propriety of the College’s involvement with companies that were complicit in apartheid.The 1970s and 1980s saw divestment movements arise at many colleges and other institutions in the midst of the public outcry over South Africa’s apartheid system. The College’s first action regarding the divestment question occurred in 1972, when the Trustees voted to form the Advisory Committee for Investor Responsibility, tasked with overseeing the ethical use of Dartmouth’s endowment. In 1977, Rev. Leon Sullivan issued a set of six principles of business ethics for companies operating in South Africa in order to maintain their American backers. Dartmouth and many of its peer institutions pressured the companies in which they had investments to sign on to the principles. However, by the mid-1980s the principles were considered too moderate and many organizations began to consider complete divestment.
To learn more about Dartmouth’s divestment movement, check out the display case in Rauner's reading room, just to the right of the doors. Sources for the exhibit are the Records of the Advisory Committee on Investor Responsibility (DA-328), the Papers of George Bourozikas (DO-55), and archives files on student protests.
Posted for Hillary Purcell '15.

















