Rockefeller Brothers Fund Among 50 Divesting From Fossil Fuels

The Rockefeller family, whose vast wealth derives from the oil business, will announce plans Monday to end investment in fossil-fuel industries by its $860-million philanthropic organization, reports The New York Times. The Rockefeller Brothers Fund is among 50 foundations making the pledge to divest from coal and oil on the eve of the United Nations climate-change summit starting Tuesday, according to Reuters.

By: Chronicle of Philanthropy
Date: September 22, 2014

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