Proctor Academy Launches New Endowment Fund

Offers donors a socially-responsible investment option

Press release

Proctor Academy has long been aware of its impact on the environment and the role it plays in being a responsible member of society. From building environmentally friendly power-generating facilities, to campus-wide recycling programs, to support of diversity and equality, these initiatives, many of which were novel at the time of implementation, are more than good ideas – they reflect practices that are consistent with Proctor’s ethos and Environmental Mission Statement. These guiding principles help make Proctor Academy a special place as it teaches students to support their beliefs with action.

It is in this context that Proctor proudly announces the launch of a second endowment fund to support the school’s mission. The fund offers donors an investment option that adheres to sustainable, responsible, and impact investing (SRI) principles. Though there is no single commonly-agreed-to definition, SRI investing broadly falls into three categories – environmental, social, and corporate governance.

The goal of Proctor’s SRI endowment fund is to generate attractive long-term financial returns, subject to a moderate level of risk, while striving for a positive impact on society. The fund will seek to achieve its objective by carefully vetting, selecting, and investing with managers offering investment strategies specifically designed to pursue SRI principles.

To demonstrate its commitment to this exciting initiative, Proctor will transfer $2 million from its existing endowment fund to the SRI endowment fund on April 1. Thereafter, Proctor plans to raise additional SRI endowment funds through the school’s current capital campaign.