The Region : College Foundation Approves Divestiture

Despite angry protests from employees who fear that their retirement benefits could be jeopardized, trustees of the California State University Northridge Foundation voted unanimously to sever all ties with companies that do business with South Africa. The foundation, a nonprofit corporation chartered to operate the campus bookstore, food concessions and vending machines--and which has $13.2 million invested in stocks and bonds to pay employee pensions--”can’t go on making money off firms that prop up a racist government,” said Zeke Zeidler, student body president and student trustee of the foundation. However, Mary Marcinik, a bookstore supervisor, said she was opposed to people who “take actions that financially affect people other than themselves in order to make a political statement.”