Thursday, January 21, 2016
BREAKING: After 2 years of campaigning, Divest JMU took another huge step forward after meeting with Tom Schaeffer and Cheryl Lindsay, CEO and CFO of the JMU Foundation, Inc., respectively and Nick Langridge, VP of University Advancement. After a formal presentation of our proposal to divest JMU’s endowment from fossil fuels, we were asked to bring our proposal to the Investment Committee of the Foundation’s Board of Trustees.
We will be presenting our proposal at their next Board meeting, on February 12, 9:00 AM. According to our conversation with Tom Schaeffer, “about 30 days” after we present, they will meet again to discuss and vote on pursuing a fossil fuel divestment feasibility study. Considering the urgency and moral necessity of cutting our ties with the fossil fuel industry, we fully expect that the committee will vote to at least explore the feasibility of divestment. And that the study will be done with expediency.
The momentum for fossil fuel divestment at JMU is building. There’s no better time than now to get involved in our campaign to put JMU on the right side of history. We would warmly welcome all student, faculty, staff, alumni, and community support. We would also like to thank everyone who has lent us support thus far in our campaign. A handful of students might never be able to achieve all that we have, but when many people bring together their hearts and minds, justice has the potential to be realized.
Still, there is much work to be done.