Lewis & Clark College’s Board of Trustees approved a policy to remove endowment investments in weapons manufacturers, a move trustees said is apolitical but students hailed as a direct response to campus demands. The decision also requires annual public posting of the college’s investment list, increasing endowment transparency. Students had campaigned for nearly two years for divestment and framed the vote around recent international conflicts that amplified their calls. Board chair Paula Hayes, in the college statement, argued the policy aims to depoliticize investment choices and avoid using the endowment to advocate positions on world affairs. Student organizers called the board’s action a political accomplishment and part of the broader campus activism affecting investment and governance debates nationwide. The Lewis & Clark action joins a handful of U.S. institutions that have divested military‑industry holdings amid student pressure; higher‑ed leaders say these decisions complicate endowment management and prompt renewed governance debates about donor intent and fiduciary duty.
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