Features
“Something that should have happened, had to happen, has happened. Georgetown will divest,” read the opening line of the cover editorial in the Sept. 23, 1986 issue of the Voice. That week, the University announced its plans to pull its money out of American companies that profited from business in apartheid-era South Africa. The decision came as the much-awaited result of a three-year long student struggle for divestment. Georgetown’s holdings, then valued at $28.6 million, represented 16 percent of the endowment of the time, according to the 1986 “Honor Roll of Donors” issue of Georgetown Magazine.
By
Patricia Cipollitti
September 20, 2012