In the Press


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

NBC Stars Kevin Durant and Chris Paul Invest in Banking App Goalsetter

01/25/2021

Start-up financial tech company Goalsetter raised $3.9 million in a seed round that includes Robert F. Smith. The company’s uniqueness centers around financial literacy, especially among Black youth.

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Goalsetter Raises #3.9 Million to Teach Financial Literacy to Kids

01/25/2021

Goalsetter, a platform that helps parents teach their kids financial literacy, announced the raise of a $3.9 million seed round. The company — invested in by Robert F. Smith — helps children of all ages learn economic concepts, lingo and the principles of financial health.

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Billionaire Philanthropist Robert F. Smith Creates Plan for HBCU Loan Repayment

01/07/2021

Black students are disproportionately impacted by student loan debt. Robert F. Smith is helping give students at HBCUs the opportunity to choose different student loan repayment options.

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He Paid Off $34 Million of Student Loans—Now, He Has a New Proposal

01/06/2021

Robert F. Smith is well known for his donation to Morehouse College to pay off the student loan debt of an entire graduating class. But he’s also taking steps to help future graduates cut down on their student loans and give them more options for repayment.

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New Denver High School Modeled After HBCUs

01/04/2021

A new public high school founded upon the principles of historically Black colleges and universities (HBCUs) is scheduled to open its doors in Denver in fall 2021. The Robert F. Smith STEAM Academy will take an interdisciplinary project-based approach to education.

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Billionaire Robert F. Smith to Launch Alternative Student Loan Program for HBCUs to Help Close Racial Wealth Gap

01/04/2021

Robert F. Smith is now set to establish an alternative student loan program for HBCU students with the goal of helping mitigate the racial wealth gap. The Student Freedom Initiative will begin in Fall 2021 and offer funding to junior and seniors in STEM majors.

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Forbes Diversity and Inclusion Awards 2020: The 2% Solution to Racial Inequality

01/02/2021

The Forbes Diversity and Inclusion Awards recognize Robert F. Smith’s 2% solution. Smith has called on corporations to commit 2% of net income over the next decade into institutions that serve the Black community.

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Principal Shares Vision for new Denver High School Modeled After Historically Black Colleges

12/30/2020

The Robert F. Smith STEAM Academy will open in far northeast Denver next fall. The high school is modeled after historically Black colleges and universities.

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Alternative Student Loan Initiative Launched to Aid HBCUS

12/28/2020

STEM majors at nine Historically Black Colleges and Universities may get the financial assistance from an alternative student loan program started by Robert F. Smith. The Student Freedom Initiative expects to offer about $32,000 on average to each student across their junior and senior years.

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Businessman Robert F. Smith to Open STEAM Education School in Denver

12/27/2020

The Robert F. Smith STEAM Academy will open in Denver this year, it was created as a safe space where students from marginalized communities could be equipped with the skills and resources needed to thrive in the STEAM space. Smith wanted to cultivate a learning environment where Black students could see themselves reflected.

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