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Robert F. Smith, making the announcement. Terms of Use and Privacy Policy Agreement. Fund endowment $2M: support 50 University of Alabama at Birmingham college students per year with housing to reduce their financial burden and increase college retention and graduation rates, Estimated impact (of all initiatives): 6.5K+ additional college graduates & 35K workers with high-paying wages to drive ~$1.2B in economic growth, 6. Robert F. Smith's deal with his mentor helped make him a Hes the first African American to sign the pledge, according to Forbes. [2] He attended Carson Elementary School and East High School[3] in Denver. [80][81], In May 2022, Cornell University announced a $15 million donation from Robert Frederick Smith that will provide financial aid to engineering students from historically underrepresented communities. Smiths day job as CEO of Vista Equity Partners, a private equity firm with $31 billion under management that invests exclusively in software, keeps him busy. There have been reports that show the consistent 30% return rate that he gives to his investors. As co-head of Enterprise Systems and Storage, he oversaw $50 billion in merger and acquisition activity with the following companies: Apple, Microsoft, Texas club elite rhythmic gymnastics vancouver. Provide technical expertise: offer subject matter and technical expertise to catalyze and support community initiatives, E.g., tax/accounting experts to help MBEs file taxes, E.g., business experts to help MBEs better access capital and craft business plans to scale their teams and operations, 2. Smith attended college at Cornell University where he received a bachelors degree in chemical engineering in 1985. Robert F I now have the ability to inspire some young African-Americans to say, I can now go actually do this.. Donald Trumps real net worth? Smith found that even after earning two degrees, and years of professional experience, he was still having to learn new things if he wanted to become an expert and become truly successful.