Word: e4d
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Senior Class Gift donations may reach a record high this year, but the paucity of contributions to the Endowment for Divestiture (E4D) appears to indicate that devotion to Harvard comes at the price of abandonment of activist goals...
...E4D, on the other hand, has not benefited from any increased class spirit. Its $25,000 fund has grown negligibly since last year, even after a ballyhooed re-establishment of ties with the Undergraduate Council this spring...
...council, responding to anti-apartheid activists, initially created E4D in 1983 to allow students to express their displeasure with the University's policy of holding investments in South Africa. Money donated to E4D is kept in an escrow account until Harvard divests of stock in companies that do business in South Africa...
...E4D was once again embraced, and council members hoped to put the student government's imprimateur behind the fund--which has been run recently by an annually changing group of seniors. To that end, the council created an ad hoc committee on divestment and named an official liaison to E4D...
...council has made a commitment to promote divestment," Undergraduate Council Chair Kenneth E. Lee '89 said last fall. "And seeing as we helped create E4D, which is one dimension in a divestment strategy, we should re-establish ties with...