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.

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.