Word: escrowed
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This reasoning, given by the Alumni Office to Senior Class Gift Agents, and by agents to any senior concerned about Harvard's investment policy, misses the point of the Endowment for Divestiture. By giving to the escrow fund, you actively show the Corporation, and your fellow students and alumni, that you want to make a more socially responsible Harvard. That your gift to the College won't wind up in South Africa doesn't change things--most Harvard/Radcliffe seniors have a social conciousness that goes beyond worrying how their particular dollars get spent...
...Michigan), as well as the State of Massachusetts, have altered their investment portfolios and with drawn their support for apartheid without experiencing financial disaster. Fasting also represents fine complement to the alternative gift fund recently started by members of the senior class, a sum to be held in escrow until the University divests...
...Endowment for Divestiture is an alternative escrow fund to which seniors may contribute instead of the Senior Class Gift fund...
...first day students were able to contribute to the newly established Endowment for Divestiture, 140 seniors pledged $2600 to the escrow fund, members of the solicitation committee said yesterday...
...Southern Africa Solidarity Committee (SASC), which proposed the idea of an escrow account, is still circulating petitions among seniors asking them to boycott the traditional Class Gift in favor of the divestiture fund...