Student Activist Victory: U Mass Divests From Fossil Fuel
By Robert P. Connolly for UMass Amherst - BOSTON – The University of Massachusetts today became the first major public university to divest its endowment from direct holdings in fossil fuels. The decision was made by a unanimous vote of the Board of Directors of the UMass Foundation, a separate not-for-profit corporation that oversees an endowment whose value was $770 million at the end of the last fiscal year. The decision followed a series of developments that signaled the University community’s desire to fight climate change.