We're on Twitter and Facebook   |   Search   |   Login  or  Register

Report Card 2010

University of Colorado

Endowment Survey

<< Back to Report Card

 

 

With the publication of the College Sustainability Report Card 2010, more than 1,100 school survey responses from over 300 institutions are now available online. In total, these surveys offer more than 10,000 pages of data collected from colleges and universities during the summer of 2009. To access surveys from other schools, go to the surveys section of the website. To see grades, or to access additional surveys submitted by this school, please click the "Back to Report Card" link at the beginning or end of the survey.

 

Name: Janel Fullerton
Title:
Executive Assistant, Investments - University of Colorado Foundation
Date survey submitted:
July 16, 2009

1) How does your school handle proxy voting on environmental, social, and governance issues?
(a) We do not have the ability to vote proxies as the entire equity holdings of the endowment are invested in mutual funds (e.g. CommonFund, Fidelity, Vanguard, etc.).
(b) We ask that our investment managers handle the details of proxy voting.
(c) We provide our investment managers with general guidelines that determine our proxy votes.
(d) We provide our investment managers with specific corporate governance guidelines that determine our proxy votes.*
(e) We provide our investment managers with specific environmental and social guidelines that determine our proxy votes.*
(f) A member of our school administration determines our proxy votes.
(g) A committee of administrators and/or trustees deliberates and makes decisions on proxy votes.  THIS BODY ALSO INCLUDES LOCAL COMMUNITY VOLUNTEERS AND HAPPENS TO HAVE ONE DOCTORAL STUDENT ON THE BODY CURRENTLY.
(h) A committee that includes student representatives deliberates and makes recommendations or decisions on proxy votes.
(i) School community feedback is incorporated into proxy voting decisions through town hall meetings or a website.

Your answers:
Proxy voting on corporate governance matters: E,G
Proxy voting on environmental and social resolutions: E,G 

The University of Colorado Foundation, to the degree to which it can reasonably evaluate the impact of a proposition, will attempt to vote for propositions which seek to eliminate or reduce the social injury caused by a company's activities to the degree that there is no negative economic impact to the Foundation’s assets.

These instructions will not apply to any proposition which seeks to eliminate or reduce social injury by means which are found to be ineffective or unreasonable.

The Foundation will not vote its shares on any resolution which advances a position on a social or political question unrelated to the conduct of the company's business or the disposition of its assets.


*Please provide URL or attach guidelines (optional).

http://www.cufund.org/wp-content/themes/cufoundation/images/financial/CUF%20Shareholder%20Responsibility%20Guidelines%205-09.pdf

 

2) If you answered "g" or "h" to question 1, please provide the following information about the committee:
Name of committee:   Investment Policy Committee
Number of meetings held since August 2008:   4
Name of chair(s):   Richard M. Burridge, Sr.
Position of chair (e.g., administrator, faculty, staff, student):  Community volunteer and alumnus

To whom does the committee report (e.g., Trustee Committee, President, Vice President):  Board of Dirctors
Number of administrators on committee:  4
Number of alumni on committee:  6
Number of faculty on committee:  2
Number of staff on committee: 1
Number of students on committee: 1 in doctoral program
Number of trustees on committee:  4 trustees and 1 university regent
Total number of committee members: 10

 

NOTE:  NUMBERS ABOVE REPRESENT OVERLAP.  I.E. – SOME FACULTY ARE ALSO ALUMNI, ETC.

3) Please indicate what information about proxy voting records is made available to each of the groups listed under "Your answers" (select all that apply):
(a)  No information is made available
(b)  Votes cast on proxy resolutions only by category (and not company specific)
(c)  Votes cast on proxy resolutions on a company-specific level
(d)  Votes cast on proxy resolutions on a company-specific level, including the number of shares

NOTE:  NO ANSWER ABOVE ACCURATELY REFLECTS OUR SITUATION.  PROXY VOTING INFORMATION IS AVAILABLE TO THE INVESTMENT POLICY COMMITTEE AND BOARD OF DIRECTORS.


Your answers:
Trustees and senior administrators:
Trustees, senior administrators and other select members of the school community:
All members of the school community including faculty, staff, students and alumni:
The public per open records law:
The public:

4) Where is information about proxy voting records made available?
(a) Information is not made available.
(b) Information is available at the investment office or similar office on campus.
(c) Information is sent to individuals upon request.
(d) Information is on the school website with password protection.
(e) Information is on the school website and is accessible to the public.

Your answers:
To the school community.
Proxy voting records on environmental and social resolutions: B
Proxy voting records on corporate governance matters: B

To the public.
Proxy voting records on environmental and social resolutions: A
Proxy voting records on corporate governance matters: A

5) Please indicate what information about endowment holdings is made available to each of the groups listed under "Your answers" (select all that apply):
(a)  No information is made available
(b)  Asset allocation
(c)  List of external managers
(d)  List of mutual funds
(e)  Equity holdings
(f)  Fixed income holdings
(g)  Real estate holdings
(h)  Hedge fund holdings
(i)  Private equity holdings
(j)  Venture capital holdings
(k)  Natural resource holdings
(l)  Cash
(m)  Other holdings (please specify)
(n)  All holdings

Your answers:
Available to trustees and senior administrators:
Available to trustees, senior administrators, and other select members of the school community:
Available to all members of the school community, including faculty, staff, students, and alumni:
Available to the public per open records law:
Available to the public: B, C, D

 

*Please provide URL or attach guidelines (optional).

http://www.cufund.org/

http://www.cufund.org/news/cu-foundation-publications/investment-updates/


6) Please indicate where information about endowment holdings is made available to the school community and to the public:
(a) Information is not made available.
(b) Information is available at the investment office or similar office on campus.
(c) Information is sent to individuals upon request.
(d) Information is on the school website with password protection.
(e) Information is on the school website and is accessible to the public.

Your answers:
To the school community: E
To the public: E

7) Is your school currently invested in any of the following areas? (Please list all that apply.)
(a) Renewable energy funds or similar investment vehicles
(b) Community development financial institutions or community development loan funds
(c) On-campus energy and/or water efficiency projects through the endowment (as an investment and not a payout)
(d) None of the above

Your answer: A

8) Is your school currently exploring investment in any of the following areas? (Please list all that apply.)
(a) Renewable energy funds or similar investment vehicles
(b) Community development financial institutions or community development loan funds
(c) On-campus energy and/or water efficiency projects through the endowment (as an investment and not as a payout)
(d) None of the above

Your answer: A

9) Does your school have any investment policy provisions, or use any investment managers, that consider environmental/sustainability factors?
(a) No
(b) Yes (please describe)
(c) Currently under consideration (please describe)

Your answer:

B - A number of the Foundation’s managers focus either partially or entirely on investments that are related to environmental/sustainability factors.

10) Does your school offer donors the option of directing gifts to an investment fund that considers environmental/sustainability factors?
(a) No
(b) Yes (please describe)
(c) Currently under consideration (please describe)

Your answer:
ANSWERS DON’T REFLECT OUR SITUATION.  ALL DONATIONS INTO THE ENDOWMENT ARE INVESTED IN THE SAME POOL.  THEREFORE ALL HAVE EXPOSURE TO INVESTMENTS THAT ARE DIRECTLY TIED TO ENVIORNMENTAL AND SUSTAINABILITY FACTORS.

Question 11 is for informational purposes only; responses will NOT be included in the Report Card evaluation process.

11) Please provide total endowment value as of the following dates: *
6/30/2008: $967,814,540
9/30/2008: $874,570,709
12/31/2008: $782,166,443
3/31/2009:  $758,606,430
6/30/2009:  $827,640,073

 

* represents total invested assets

 

 

<< Back to Report Card

 

Powered by Olark