{"id":3016,"date":"2025-02-26T11:13:14","date_gmt":"2025-02-26T16:13:14","guid":{"rendered":"https:\/\/www.rochester.edu\/endowment\/?page_id=3016"},"modified":"2025-02-27T16:30:42","modified_gmt":"2025-02-27T21:30:42","slug":"gaza-and-israel-community-questions","status":"publish","type":"page","link":"https:\/\/www.rochester.edu\/endowment\/gaza-and-israel-community-questions\/","title":{"rendered":"Gaza and Israel Community Questions"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"","protected":false},"author":36,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"class_list":["post-3016","page","type-page","status-publish","hentry"],"acf":{"lead_in":"","display_title":"","subtitle":"","call_to_action":"","hero_image_placement":"no_image","hero_media":"images","hero_pattern_option":"","hero_video":"","hero_image_landing":"","hero_image_landing_two":"","hero_image_landing_three":"","content_modules":[{"acf_fc_layout":"text","anchor":"","css_class":"","title":"<h2><b>Questions and Answers Concerning University Investments and the Ongoing Violence in Gaza and Israel (2023)<\/b>:<\/h2>","content":"<strong>Q:\u00a0What is the overall LTIP exposure to Israel-related companies in general?<\/strong>\r\n<strong>A:<\/strong>\u00a00.2% (one-fifth of one percent) of the LTIP.\r\n\r\n<strong>Q:\u00a0Had any other LTIP holdings been identified as possibly doing business with the Israeli government or military?<\/strong>\r\n<strong>A:<\/strong>\u00a0None conduct business with the Israeli government or military.\r\n\r\n<strong>Q:\u00a0Does the LTIP have any investments in Technion?<\/strong>\r\n<strong>A:<\/strong>\u00a0No.\r\n\r\n<strong>Q:\u00a0Does the LTIP have exposure to any of the following companies, which have been flagged for potential concern in some of the comments received or related discussion, due to dealings in Israel that may be connected to activities involving military operations or occupation (as through supplying military hardware, surveillance technologies, or equipment used in housing demolitions or construction in occupied territories that is in violation of international law):<\/strong>\r\nAM General\r\nBAE Systems\r\nBoeing\r\nCaterpillar (re: armed bulldozers)\r\nGE\r\nGeneral Dynamicss\r\nG4S\r\nHewlett-Packard\r\nIngersoll-Rand\r\nLockheed Martin\r\nMotorola Solutions\r\nNorthrop Grumman\r\nRaytheon (RTX)\r\nTata Motors\r\nUnited Technologies\r\n<strong>A:<\/strong>\u00a0The LTIP exposure amounts to less than $259,000 in total to eight of the fifteen companies.\u00a0 These are mostly held in bond managers\u2019 pooled funds.\u00a0 The EIAC asked the Investment Office to draft a letter to the LTIP investment managers who are invested in those eight companies, expressing the EIAC\u2019s concerns about their ties to Israel and its desire to eliminate exposure to them. The letter was drafted by the Investment Office, in collaboration with EIAC Chairperson FitzPatrick, then sent to the relevant investment managers.\r\n\r\n<strong>Q:\u00a0In your research on peer institutions, have you happened to come across mentions of other companies of concern?<\/strong>\r\n<strong>A:<\/strong>\u00a0No.\r\n\r\n<strong>Q:\u00a0Have the nine other universities in UR\u2019s close peer group (seven UAA schools plus Cornell and Johns Hopkins) established policies regarding Israeli investments?<\/strong>\r\n<strong>A:<\/strong>\u00a0No such policies could be found at this time.","background_color":"#ffffff","width":"width-medium"}]},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gaza and Israel Community Questions - Endowment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rochester.edu\/endowment\/gaza-and-israel-community-questions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gaza and Israel Community Questions - 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