Pledge not to Donate to Yale until it Divests from Fossil Fuels and Cancels Puerto Rican Debt
By signing my name below, I pledge not to donate any money to Yale University until Yale meets the following demands:
1. Disclose all investments in Puerto Rican debt & instruct fund managers with investments in Puerto Rican debt to cancel that debt.
2. Disclose & divest all holdings in fossil fuel companies.
Yale profits off of climate destruction and the continued exploitation of Puerto Rico. It hoards its $29 billion endowment and often operates more like a hedge fund than a university. We envision, and demand, a University that instead invests in a just future for all. In light of the devastation which followed Hurricane Maria and the Trump administration’s climate denial, the time to fight for climate justice is now.
Together, students, alums, faculty, and New Haveners stand against the way that Yale claims to be committed to light and truth, but in practice prioritizes its own power, prestige, and wealth rather than the wellbeing of the New Haven community and the world. Yale-trained scientists, scholars, and activists fight for a just and livable future every day, around the world. But Yale actively undermines their work by refusing to divest from the fossil fuel industry and PR debt.
The Yale investments office is massively influential in the world of endowments, and hundreds of other colleges and universities across the country model their investments off of theirs. They justify their holdings in fossil fuel companies and PR debt through a willful naiveté that does not reflect the research created in this very institution. Yale should invest in the economic transformation climate change requires. They should challenge the ongoing colonialism imposed on PR by vulture hedge funds through exploitative debt. Their decision to divest from fossil fuels and cancel Puerto Rican debt would have reverberations around the world.
Students, alums, New Haven, and Puerto Rico are powerful, and we will hold this university accountable!
I stand with the following groups in supporting these demands:
Despierta Boricua at Yale
Fossil Free Yale
Yale Students for Prison Divestment
Association of Native Americans at Yale
Yale Young Democratic Socialists of America
UNITE HERE Local 33
New Haven Climate Movement
Party for Socialism and Liberation - CT
Yale Women’s Center
Sierra Club Connecticut
Sierra Club Puerto Rico
Environmental Justice at Yale
Students for Sensible Drug Policy
Yale Students for Justice in Palestine
Movimiento Estudiantil Chicano de Aztlán (MEChA) de Yale
New Haven Stands with Standing Rock
Jewish Climate Action Network
CT Puerto Rican Agenda
Yale College Democrats
Fossil Free Penn
Climate Justice at Boston College
Divest University of Kentucky
Yale Refugee Project
The South Asian Society at Yale
The Yale Student Environmental Coalition
Students for Yemen
The Yale Animal Welfare Alliance
Yale Students for Bernie
Sunrise New Haven
Name and Yale Affiliation (i.e. Jane Doe, YC '19)
Phone number (recommended)
Why does this campaign matter to you? (optional)
I want to be more involved with endowment justice! (send me emails)
Yes! (and I am a current Yale student)
Yes! (and I am a current Yale alumn)
Not right now
(for alumni) I have called or will call President Salovey to express my support
Call President Salovey at 203-432-2550 and check out
for a sample script and other resources!
Click here to see who has already signed:
Further reading on the Yale endowment and the endowment justice movement:
On Yale’s investments:
Teach-in on Yale Endowment (accurate through 2017 only):
Blatt, Gabriella. “Rising Grief, Rising Tides.” Yale Daily News, October 23, 2018.
Calnek-Sugin, Rachel, and Mikki Metteba. “Dismantle the ACIR.” Yale Daily News, November 5, 2018.
Chan, Jamie, and Adriana Colón-Adorno. “Cancel Puerto Rican Debt.” Yale Daily News, November 14, 2018.
Colón-Adorno, Adriana, and Alejandro Comas-Short. "Yale Benefits From the Puerto Rican Debt—These Students Are Fighting to End That" The Nation, March 1, 2019.
Darrow, Cass. “Expanding Our Moral Capacity.” Yale Daily News, January 29, 2016.
Darrow, Cass. “Yale’s Economic Apartheid.” Yale Daily News, October 13, 2016.
Darrow, Cass, and Rachel Calnek-Sugin. “An Ethical Endowment?” Yale Daily News, March 6, 2018.
Dayen, David. “Yale University Under the Spotlight for Its Investment in Puerto Rican Debt.” The Intercept, February 20, 2018.
Heaphy, Nora, and Sophie Lieberman. “Yale Has Failed Us.” Yale Daily News, November 26, 2018.
Klein, Naomi. “There’s Nothing Natural About Puerto Rico’s Disaster.” The Intercept, September 21, 2018.
Tadele, Seyade, Joseph Gaylin, and Charlie Urban-Mead. “Private Prisons & The Endowment.” Yale Daily News, March 7, 2018.
Canfield, Lily, Moses Goren, Tom Murray. “Yale’s Prison Problem.” Yale Daily News, October 5, 2018.
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