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
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
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.