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The Nathan Cummings Foundation

 

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NCF Proposal Leads to Positive Changes in Duke Energy’s...

March 14, 2016  March 14, 2016 Following the submission of a shareholder proposal by the Nathan Cummings Foundation, Duke Energy has agreed to expand its sustainability report to include a discussion of its plans for responding to the potential challenges posed by slower load growth and increases in distributed generation. Duke will also include links to information on various scenarios used in its...

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Investors Raising Heat on Fossil Fuel Companies

March 11, 2016  On the heels of a historic global climate agreement in Paris, investors have filed a record number of shareholder resolutions this year with major U.S. energy companies asking them to disclose their strategies for competing in a global economy that is shifting towards clean energy and away from fossil fuels.The resolutions seek clarity on fossil fuel companies’ plans to evolve post-...

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Uber Drivers and Others in the Gig Economy Take a Stand

February 4, 2016"The National Domestic Workers Alliance, which organizes nannies and housekeepers, recently produced what it calls the Good Work Code, which it has urged gig economy companies to adopt."Read More (Via The New York Times)

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Large Mutual Funds Fail to Support Proxy Access

January 26, 2016UPDATE (March 14, 2016): Shortly after the release of the Proxy Access Scorecard, Vanguard announced a key change to its policy on proxy access. The mutual fund company will now generally support “proxy access” proposals with ownership thresholds of 3% of a company’s shares. Read more about the change in this Reuters article.---January 26, 2016 The Nathan Cummings Foundation...

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President’s Letter: Highlights and Reflections

December 22, 2015Dear Grantees and Colleagues,Today marks the close of my first month as the President of the Nathan Cummings Foundation.  I started days after the attacks in Paris and the shooting of five Black Lives Matters demonstrators in Minneapolis. As I sat down at my desk for the first time I was drawn to the window, with a clear view of the Statue of Liberty and Ellis Island.  These iconic...

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2015 Fall Grants Summary

December 22, 2015Over the past year, NCF’s staff and board have made some exciting progress on implementing the Foundation’s new grantmaking strategy focused on Inequality and Climate Change. This fall, we approved $7.8 million in grants that will enable us to deepen our relationships with some current partners, and experiment through partnerships with new groups. These agents of change are working...

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NCF Proxy Access Proposal Wins at Oracle Corp.

November 30, 2015For Immediate ReleaseNovember 19, 2015The Nathan Cummings Foundation, the UAW Retiree Medical Benefits Trust and The Marco Consulting Group today announce a major corporate governance victory for Oracle shareholders.A proxy access proposal submitted by the three funds to Oracle received the support of a majority of votes cast at the company’s annual meeting yesterday. Proxy access allows...

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On-demand economy like 'Wild, Wild West'

October 12, 2015Flexibility, livable wages and room for growth. These are just a few things that make up a "good" job. That's according to the National Domestic Workers Alliance, which wants to make sure the growing number of on-demand jobs are good jobs. This week, it announced an initiative called the Good Work Code, which aims to set standards for on-demand firms.Read More (Via CNN Money)

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