Caroline Williams to Oversee NCF Shareholder Activities The Nathan Cummings Foundation is pleased to announce that Caroline Williams, the Foundation's former Chief Financial and Investment Officer, will continue to serve the Foundation as its Director of Shareholder Activities.
Before joining the Foundation Caroline spent 20 years in investment banking before semi-retiring for the first time to explore the non-profit and foundation sector. That led to increasing engagement in the sector for 15 years culminating in the past four years as the Foundation's Chief Financial and Investment Officer. During this period she was an important part of our Senior Staff. In addition she added shareholder engagement activities to the Foundation's capabilities, establishing the Foundation as a national leader in this area.
Although no longer serving as Chief Financial and Investment Officer, Caroline will continue to oversee the Foundation's shareholder activities and so remain part of the NCF team.
Click here to download The Nathan Cummings Foundation Shareholder Activity Guidelines
Click here to download a list of The Nathan Cummings Foundation Shareholder Resolutions
Read More About NCF Shareholder Activities Below:
A Focus on Corporate Responsibility
By Ben Gose
Published in the Chronicle of Philanthropy, August 4, 2005
The Nathan Cummings Foundation is among a growing number of grant makers that are paying more attention to corporate governance and responsibility at the companies in which they invest. Cummings also has been among the most aggressive foundations in filing shareholder resolutions.
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Talk of Integrity Amid Scrutiny
By Ian Wilhelm
Published in the Chronicle of Philanthropy, April 28, 2005
The Nathan Cummings Foundation proposes shareholder resolutions, in which a stockholder can request information or changes at a company. While the resolutions are nonbinding, meaning the company does not have to respond to them, they usually influence corporate decisions, said Caroline L. Williams, CFO.
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The Price of Politics
By Lance E. Lindblom, President & Chief Executive Officer, The Nathan Cummings Foundation
Published in Pharmaceutical Executive, October 2004
The Foundation's President urges the pharmaceutical industry to adopt a business model less dependent on political influence.
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Foundation President participates in SEC Roundtable Discussion, March 10, 2004
The Securities Exchange Commission's proxy access proposal is one of the most important and hotly contested proposals in years. As a panelist at the SEC's roundtable discussion on shareholder director nominations, the Foundation's President stressed the importance of creating incentives for more effective corporate governance.
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Who's Minding the Store?
By Caroline Williams, Chief Financial and Investment Officer, The Nathan Cummings Foundation
Published in Foundation News & Commentary, Mar/Apr 2003 Vol. 44, No 2
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We're Owners, Not Traders
By Lance E. Lindblom, President & Chief Executive Officer, The Nathan Cummings Foundation
Published in Foundation News & Commentary, Sept./Oct. Vol. 43, No. 5
Click here to read this article
Links to Additional Resources
Ceres
Ceres is a national network of investment funds, environmental organizations and other public interest groups working to advance environmental stewardship on the part of businesses. Ceres works with investors around the world to improve corporate and public policies on climate change and other environmental, social, and corporate governance issues.
To find out more about Ceres, click on the link below.
www.ceres.org
The Investor Network on Climate Risk (INCR)
Launched by investors on November 21, 2003 at the Institutional Investor Summit on Climate Risk, the INCR works to promote a better understanding on the risks of climate change among institutional investors.
The Nathan Cummings Foundation served as a convener of the 2005 Institutional Investor Summit on Climate Risk and is a signatory of the INCR's latest "Call for Action".
To find out more about the INCR, click on the link below.
www.incr.com