Offering an endowment option for donors who want their gifts invested in a portfolio free of fossil fuel energy and utility companies is one of several action items identified in the Commitment to Reduce Fossil Fuel Investments in Our Endowment.
Donors may elect to have their gifts to Puget Sound’s Endowment invested in a portfolio that excludes investments in fossil fuel-related companies. Gifts invested in the Fossil Fuel Free Portfolio, like all gifts to the endowment, are invested in perpetuity to provide resources that support the university’s mission today and in the future.
The Fossil Fuel Free Portfolio is governed by Puget Sound’s Pooled Endowment Investment Policy. Given the asset allocation of the Fossil Fuel Free Portfolio, investment returns and the annual spending rate are anticipated to differ from those of the overall Endowment.