This Q4 JEDI working group call furthered IEN members' education on, and advocacy for endowments to include JEDI (Justice, Equity, Diversity, and Inclusion) throughout the investment processes. College and university endowment assets collectively total more than $821 billion. However, determining how much of those assets are managed by diverse-owned firms is challenging, as a majority of the 50 wealthiest U.S. colleges and universities decline to share data.
House of Representative Emanuel Cleaver II gave his remarks on his pending “Endowment Transparency Act of 2022” and actions university endowments and like-minded foundations can take as a group to move towards effective allocation of capital for ESG and diverse managers.
Meet the Speaker:
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Join us on February 5-7, 2023 at the University of Miami for the Annual Higher Education Climate Leadership Summit