Philanthropy
News and Updates
Read the latest news about Robert F. Smith’s philanthropy as well as events and news concerning his thought leadership, philanthropic partners and charitable initiatives.

Warren Buffett Accelerates His Philanthropic Giving
Famed American philanthropist and investor Warren Buffett announced in July that he plans to accelerate his charitable donations by giving away his remaining Berkshire Hathaway shares by 2034. Buffett, the former CEO of Berkshire Hathaway, has long planned to donating 99% of his wealth, and his giving continues to shape

Warren Buffett Accelerates His Philanthropic Giving
Famed American philanthropist and investor Warren Buffett announced in July that he plans to accelerate his charitable donations by giving away his remaining Berkshire Hathaway shares by 2034. Buffett, the former CEO of Berkshire Hathaway, has long planned to donating 99% of his wealth, and his giving continues to shape

How Racial Bias in the Bond Market Impacts Black Americans
New research shows that racial bias has a significant impact on the municipal bond market. Learn more about this issue and how it’s impacting the achievement gap.

Why Do Black Communities Still Have to Fight for Clean Water?
Clean water is essential to surviving yet many Black communities have unsafe water. Learn more about these conditions and what can be done to help.

Student Freedom Initiative Grows to Help Underserved Students
To help free underserved students from student loan debt, Student Freedom Initiative is expanding its program to support 34 schools. Learn more about the new cohort.

Changing Lives Through the Giving Pledge
The Giving Pledge champions wealthy people across the world to dedicate a portion of their wealth to philanthropy. Learn about Robert F. Smith’s commitment.

How Robert F. Smith is Closing the Digital Divide at HBCUs
Equitable access to the internet is lagging at HBCUs. Learn about how philanthropists like Robert F. Smith are helping.

How the National Park Foundation Uplifts Communities
Learn more about Smith’s passion for the outdoors and what the National Park Foundation is doing to uplift communities across the country through nature.

Robert F. Smith Joins Grand Slam Track’s Board of Directors
In 2024, Robert F. Smith joined the board of directors of Grand Slam Track, the premier global track and field league.

Celebrating Women in Finance at the 2024 Girls Who Invest Inaugural Gala
The Girls Who Invest 2024 Inaugural Gala honored Robert F. Smith and Jean M. Hynes, celebrated women in finance and raised funds to advance gender diversity in the industry.

How Black-Owned Banks Help Reduce the Racial Wealth Gap
Black-owned banks, credit unions and nonprofits provide financial options to communities historically excluded from wealth-generating financial tools like mortgages and business loans.

How Cornell University’s STEP Is Helping Increase Representation in STEM
Founded in 1986, Cornell University’s STEP helps high school students from diverse backgrounds pursue careers in STEM.

Inclusivity in the Arts: Black Arts Organizations
Black arts movements paved the way for Black organizations to help promote inclusivity in the arts.

Black Giving Circles: A Look Back at Black Philanthropy
Black giving circles and philanthropy have a history of uplifting communities through transformative contributions.