In the Press

Read the latest news mentions about Robert F. Smith and his business and giving to support his communities.

Cisco is Giving $150 Million to Robert F. Smith’s Student Freedom Initiative


Student Freedom Initiative, founded by Robert F. Smith and the Fund II Foundation, received $150 million from Cisco Systems. Fifty million of the investment will provide financing for 500 HBCU students for the next four years to attend colleges and the other $100 million will help bolster HBCU technology and cybersecurity systems.

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A Gift Left the Morehouse Class of ’19 Debt-free. Here’s How it’s Changing Their Lives


Two years ago, Robert F. Smith committed to paying off the student loan debt of the entire Morehouse College class of 2019. That gift helped some Morehouse students explore new opportunities like applying to medical school or using their money to buy homes, save or invest for the future rather than being forced to pay down student loan debt.

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Robert F. Smith’s Philanthropy has Lasting Impact on Morehouse Students Lives, Sparks Additional Funding


In 2019, Robert F. Smith gave a commencement speech at Morehouse College and announced he would wipe out student loan debt for the graduating class. Black Enterprise explores how this commitment is continuing to impact 2019 Morehouse graduates two years later.

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Enterprise Software Companies Set to Boom in APAC: Vista’s Robert Smith


Robert F. Smith, Founder, Chairman and CEO of Vista Equity Partners, spoke at the Fiduciary Investors Symposium about the future of software companies in the Asia Pacific region. Smith noted that he expected these types of companies to increase exponentially and anticipates big growth in the region.

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Students of Staten Island Eagle Academy Win the Black History in Two Minutes Essay Contest


Two students from Staten Island Eagle Academy won the “Black History in Two Minutes” essay contest, which was created by the Eagle Academy and Fund II Foundation. Robert F. Smith is the founding director and President of the Fund II Foundation. The essay content asked students to watch the Black History in Two Minutes series and draft an essay on what the series meant to them and how it gave them tools to live a good life.

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Doordash Stock – These 10 Colleges Have Produced the Most Billionaire Alumni


Fintech Zoom released their 2021 World’s Billionaires list and ranked educational institutions with the highest number of graduates on the list. Robert F. Smith’s alma mater Cornell University was #6 on the list with 18 billionaires.

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Black Fortune 500 Execs Condemn Republican Voting Restrictions


Georgia recently signed into law increased voting restrictions which are likely to disproportionately impact voters of color. Robert F. Smith was among the Black business leaders who called on the country’s leading companies to play a greater role in protecting voting rights in America.

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Black Power in the Boardroom is Leading the Fight for Justice


Over 70 Black executives signed a letter released at the end of March that pressed corporate America to take a stand on voting rights. Robert F. Smith signed onto the letter that debuted as a full-page ad in The New York Times.

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Black Billionaires Club: Why These Are Forbes’ 7 Richest Black Americans in 2021


Forbes recently released its list of the wealthiest Americans. Robert F. Smith was at the top of the list for Black Americans, ranking 526 of the world’s wealthiest people.

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Meet the Jackie Robinson of Wall Street


Reginald F. Lewis was a legendary figure on Wall Street and a pioneer for Black business people. Robert F. Smith reminisces on Lewis’ influence, life and legacy for this Forbes profile.

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