{"id":1041,"date":"2021-08-09T02:12:01","date_gmt":"2021-08-09T07:12:01","guid":{"rendered":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/?p=1041"},"modified":"2022-04-30T20:43:29","modified_gmt":"2022-05-01T01:43:29","slug":"february-8-1991","status":"publish","type":"post","link":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/2021\/08\/09\/february-8-1991\/","title":{"rendered":"February 8, 1991"},"content":{"rendered":"\n<h2 class=\"has-text-align-left wp-block-heading\">South African apartheid divestment activists return funds held in escrow to Swarthmore <\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In January of 1986, Swarthmore <a href=\"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/2020\/10\/20\/s-j-c-imposes-fines-on-41-board-protestors-by-daniel-kaufman-1986\/\">fined<\/a> students who occupied the president&#8217;s office to demonstrate for divestment from apartheid South Africa. Members of the community helped to pay for the fines and <a href=\"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/2020\/10\/05\/after-five-years-protests-for-divestment-pay-off-by-christine-scott-88-and-anne-m-blackburn-88-1991\/\">secured a deal<\/a> with the administration whereby that money would go to an independent account, to be returned to the College only if it fully divested. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Swarthmore <a href=\"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/2020\/10\/05\/all-stocks-to-be-sold-by-pamela-haag-1986\/\">agreed<\/a> to fully divest in March, though it <a href=\"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/2020\/11\/02\/groups-react-with-cautious-optimism-by-robin-bennefield-1989\/\">delayed<\/a> starting the divestment process until 1989.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In February of 1991, Christine Scott &#8217;88 and Anne M. Blackburn &#8217;88, managers of the independent account, <a href=\"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/2020\/10\/05\/after-five-years-protests-for-divestment-pay-off-by-christine-scott-88-and-anne-m-blackburn-88-1991\/\">donated<\/a> the funds to the endowment, having felt that Swarthmore had satisfied the terms of the agreement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Unbeknownst to Scott and Blackburn, the Board of Managers would <a href=\"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/?p=1039\">secretly adopt<\/a> a policy banning any future divestment that same year (the exact date of the ban&#8217;s adoption is unknown). The Board instituted the ban in <a href=\"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/?p=1064\">direct reaction<\/a> to the South African apartheid divestment campaign. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Would Scott and Blackburn still have donated the money if they knew about the ban? <\/p>\n","protected":false},"excerpt":{"rendered":"<p>South African apartheid divestment activists return funds held in escrow to Swarthmore In January of 1986, Swarthmore fined students who occupied the president&#8217;s office to demonstrate for divestment from apartheid South Africa. Members of the community helped to pay for the fines and secured a deal with the administration whereby that money would go to [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1041","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/wp-json\/wp\/v2\/posts\/1041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/wp-json\/wp\/v2\/comments?post=1041"}],"version-history":[{"count":5,"href":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/wp-json\/wp\/v2\/posts\/1041\/revisions"}],"predecessor-version":[{"id":1090,"href":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/wp-json\/wp\/v2\/posts\/1041\/revisions\/1090"}],"wp:attachment":[{"href":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/wp-json\/wp\/v2\/media?parent=1041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/wp-json\/wp\/v2\/categories?post=1041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.sccs.swarthmore.edu\/divestmentdocuments\/wp-json\/wp\/v2\/tags?post=1041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}