Shareholder Resolutions & Corporate Engagement
The Nathan Cummings Foundation works both independently and with other investors to file shareholder resolutions on issues with implications for both long term shareholder value and the Foundation's focus areas. Over the last twelve years, NCF has filed more than 180 shareholder resolutions on issues ranging from climate change to executive compensation.
A substantial number of the Foundation's resolutions have been withdrawn following successful negotiations with companies. Others have proceeded to a vote year after year with little to no interaction with the receiving company. Votes on NCF's shareholder resolutions range from a low of 2 percent at a company with dual classes of stock, to a high of 98.9 percent for a 2013 resolution requesting that BorgWarner Inc. declassify its board of directors.