Six Questions for Dr. Laura Gerald
Inside Philanthropy sat down with Laura Gerald to talk about the announcement, the trust’s history, and what other funders might be able to learn from its experience.
Category: In the News
Philanthropy in the Deep South
During the 75th anniversary celebration, Trust President Dr. Laura Gerald offered a humble admission that it is time for the Trust to confront its history and work to repair the harm that was caused to generate their wealth. The steps taken by the Trust prove that it is well within the power of foundations and philanthropy to do better.
Kate B. Reynolds Charitable Trust Stops Investing in Tobacco
In a packed room filled with community leaders, leadership of the Kate B. Reynolds Charitable Trust announced the organization will no longer invest in tobacco.
This announcement comes on the organization’s 75th anniversary. Dr. Laura Gerald, the trust’s president, says that continuing to invest in tobacco contradicts its mission of serving vulnerable communities.
Kate B. Reynolds Charitable Trust Parting Ways with Tobacco in Investment Portfolio
The Kate B. Reynolds Charitable Trust will no longer invest in tobacco. The shift was announced on Tuesday during an event in Forsyth County to celebrate its 75th anniversary.
Reynolds Trust to Divest from Tobacco, Focus Grants on Racial Equity
The Kate B. Reynolds Charitable Trust, one of the largest private funders in North Carolina, has announced that it will divest its endowment from tobacco and pursue a socially responsible community-focused investment strategy in support of grantmaking centered on racial equity, health, and well-being.
Kate B. Reynolds Charitable Trust to Divest From Tobacco, Focus on Health Equity
The Kate B. Reynolds Charitable Trust, established at the bequest of the Winston-Salem tobacco heiress with $5 million in R.J. Reynolds Company stock in 1947, will no longer invest in tobacco and will revise its grantmaking strategies to be more socially responsible with a focus on health equity.
Reynolds Trust Aims to Stop Investing in Tobacco
The Kate B. Reynolds Charitable Trust used Tuesday’s 75th anniversary celebration event to announce a clean break from tobacco-related investments.
Kate B. Reynolds Charitable Trust Will No Longer Invest In Tobacco
The Kate B. Reynolds Charitable Trust announced today that it will divest from tobacco and instead commit to a socially responsible investment strategy to support community-led businesses and economic opportunities in North Carolina.