The Commonfund Study of Responsible Investing analyzes policies, practices and attitudes with respect to responsible investing among 200 U.S. colleges and universities, constituting 24.0 percent of the 832 institutions that participated in the 2014 National Association of College and University Business Officers (NACUBO)-Commonfund Study of Endowments (NCSE). These respondents, whose chief business officers volunteered to participate in this follow-up Study, comprised 123 private and 77 public institutions with a total of $88.8 billion in endowment assets as of June 30, 2014, or 17.2 percent of the $516.0 billion total included in the NCSE, and encompassed a wide range of endowment sizes and geographic locations across the U.S. Data-gathering took place in December 2014 and January 2015 using an online survey instrument. Of the 200 participating institutions 53, or 26.5 percent, reported that they currently have an investment policy statement that permits or refers to at least one of the responsible investing practices defined in the box on page 2. The first analytical section in this report, therefore, reviews the responsible investing practices of this group of "adopters". The remaining three sections analyze responses from both the 53 adopters and the 147 "non-adopters"--the latter being institutions which, while they do not currently engage in any of the four practices, may have policies and procedures in place that relate to responsible investing, may have views on the topic, or may be considering future changes to their portfolio. An appendix presents: Responsible Investment Practices: Excerpted from the 2014 NACUBO-Commonfund Study of Endowments® (NCSE).