Investor Research Consortium

Dartmouth College is one of the founding members of Investor Responsibility Research Center, Inc., a new organization created to help college endowment funds and other institutional investors assess issues involving corporate social responsibility. The new group, headquartered in Washington and registered as an investment adviser with the Securities and Exchange Commission, is headed by Elliott J. Weiss '61, a Washington lawyer, as executive director.

IRRC will be strictly a fact-finding organization and will not attempt to make recommendations, according to Mr. Weiss. It will do the research on social issues involving corporations, so institutional shareholders can make informed judgments as to how to vote theiholdings, especially in proxy contests instigated by consumer advocate groups. Examples of the types of issues on which IRRC would develop research are environmental pollution and racial balance in hiring practices in the South African operations of corporations.

Dartmouth's representative on the board of directors is John F. Meek '33, Vice President and Chairman of the Trustee Investment Committee, who took an active part in the establishment of IRRC. Other directors are from Harvard, Princeton, Cornell, Stanford, Smith, Wesleyan, Oberlin, Boston University, and Columbia Business School.

Initial funding for IRRC has come from the Ford Foundation, Rockefeller Foundation, and Carnegie Corporation of New York.