Read the full story from the Northern Star.
Within the NIU Foundation’s top 16 investments – worth $2 million or more – in its $95.6 million endowment fund, an estimated 13% is invested in fossil fuel stocks.
The Foundation’s top investments, amounting to $52.6 million of the total endowment fund, were examined and showed that nearly $7 million – or 13% – were in fossil fuel stocks. The Northern Star only examined 55% of the NIU Foundation’s entire endowment fund because not every fund’s investments are accessible online. The NIU Foundation’s fossil fuel holdings amount to nearly $7 million, or more than 7% of the entire endowment fund.
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