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 core program areas. Over the last ten years, NCF has filed more than 100 shareholder resolutions on issues ranging from climate change to the re-importation of prescription drugs.
A number of the Foundation's resolutions have been withdrawn following successful negotiations with companies.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 87 percent for a 2011 resolution requesting that Western Union Company declassify its board of directors.