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.
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.