Unlocking the Power of the Proxy: How Active Foundation Proxy Voting Can Protect Endowments and Boost Philanthropic Missions

Jan 01, 2004 | by
  • Description

This report describes how foundations can and should institute a system of proxy voting, or a system by which shareholders can voice issues relating to corporate governance and ensure that their vote is cast. Proxy voting can reinforce the foundation's mission, support environmental and social goals as well as improve management, transparency and accountability. The report describes steps involved in creating a proxy voting system and ways in which to maintain and monitor it.