Dec 30, 2004
Proxy power: Part 5
By Todd Cohen
Getting involved in shareholder resolutions can involve social, environmental and corporate issues that are complex and may seem remote from the philanthropic issues foundations face, activists say.
But foundations should pay attention to those issues, they say, both to generate healthy returns to support their grantmaking, and to keep their investments in sync with their philanthropic mission.
While it was dipping its toe in the proxy world by joining the Merck shareholder resolution, the Nathan Cummings