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 HBCUs Are Transforming Education Into Economic Empowerment
Explore how HBCUs empower Black students through education, career readiness and community impact, driving economic mobility and bridging the racial wealth gap.
The Importance of Black Women Entrepreneurs
Black women are the fastest-growing group of entrepreneurs today, helping create racial equity in business.
Developing More Green Spaces in Inner Cities
Urban green spaces provide recreational, social and health benefits for residents of inner cities in the U.S. Several organizations are working to build and preserve parks, greenbelts and more.
Bridging the Gap: Propelling Black Pilots Into Aviation
The lack of Black pilots has prompted airlines and other organizations to develop recruiting programs aimed at increasing representation in aviation.
Robert Kraft Donates $1 Million to Promote Black and Jewish Unity
In April 2024, Robert Kraft donated $1 million to United Negro College Fund (UNCF) to promote unity between Black and Jewish student organizations.
Tuskegee University Receives $20 Million Donation to Support STEM and Other Resources
An anonymous donor made a $20 million donation to Tuskegee University. The donation will support STEM resources and other services for students and the institution.
Points of Light Launches a Strategy to Boost Volunteerism
Points of Light is the world’s largest organization dedicated to increasing volunteer service and civic engagement. The name was inspired by President George H.W. Bush, who referred to people and organizations engaged in service in the U.S. as “a thousand points of light” In his 1989 inaugural presidential address. Founded
Steve Harvey’s Commitment to Giving Back
In a 2026 interview with The Associated Press, Steve Harvey discussed his approach to philanthropy and his dedication to giving back to his community. Steve, along with his wife, Marjorie Harvey, co-founded the Steve & Marjorie Harvey Foundation, which offers mentorship and skill-building opportunities, mental wellness support and fosters a
The Unique Philanthropic Legacy of Cornellian Chuck Feeney
Chuck Feeney’s legacy as an entrepreneur allowed him to make significant philanthropic contributions to organizations and institutions he supported.
MacKenzie Scott’s Impactful Philanthropic Support of HBCUs
In 2025, MacKenzie Scott donated approximately $7.1 million to HBCUs; she reiterates that anyone can make an impact, regardless of scale.
How Providing Students With Online Resources Helps Inspire STEM Careers
Pursuing a career in STEM can place students at the forefront of innovation and technology. Critical to these careers is the development of STEM skills, which can open doors to careers as inventors, astronauts, researchers and leaders in many other technology-related fields. While it is never too late to develop
How Philanthropy Supports Student Success and College Affordability
Philanthropy has long played a pivotal role in making higher education more affordable and accessible. Visionary philanthropists like Johns Hopkins and Mary McLeod Bethune created opportunities for students to pursue higher education at institutions that still bear their names. The role of philanthropy in college affordability is even more important