October 11, 1978
Vice President for Student Affairs Natalie Marshall ’51 released a report from the South African Study Group proposing the immediate divestment of Vassar bonds from six banks that conducted business in apartheid South Africa. The Study Group targeted Bank of America, Charter, Citicorp, First National Banks of Chicago, Manufacturers Hanover, and the Export-Import Bank.
On Oct. 21, Vassar trustees voted unanimously to divest college funds from five of these six banks.