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Tuesday, January 28, 2025

Just so you know...

You have probably read about recent executive orders by President Trump that seek to end DEI programs. However, the anti-DEI executive orders apply to more than the federal workforce.

From the Washington Post

...The [anti-DEI] executive orders stand to reach deep into the private and government-contracting sectors... The attorney general and agency heads have been tasked with identifying as many as “nine potential civil compliance investigations” of publicly traded corporations; large nonprofits or associations; foundations with assets of $500 million or more; state bar associations; medical associations; or universities with endowments over $1 billion...

Full story at https://www.washingtonpost.com/business/2025/01/23/trump-dei-affirmative-action/.

Note that UC as a system has an endowment with well over $1 billion.* UCLA, in fact, has an endowment well over $1 billion.**

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*The latest statement for UC shows an endowment of $29.5 billion:

https://www.ucop.edu/investment-office/annual-report-240923_ucar24_final.pdf.

**The latest statement for UCLA shows an endowment of $5.5 billion: 

https://ucla.app.box.com/s/pe2ukr5i7vapih9gq1wker9ubnseawov.

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