U. of Dayton to Drop Investments in Coal, Fossil Fuels

The University of Dayton announced Monday that it will sell, in phases, holdings in coal and fossil fuels. While the movement for such policies has been growing, much of it has come from colleges with relatively small endowments, although recent actions at Stanford University and Pitzer College came at institutions with larger endowments. Dayton has an endowment of $670 million, of which about $34 million in investments will be changed as a result of the policy.