Raise community awareness & adoption of Emergency Broadband Benefit: increase door-to-door and community outreach in low-income neighborhoods to get households onto EBB to help connect ~55K unconnected households, Estimated impact (of all initiatives): 55K households connected to high-speed internet to unlock ~$1B in economic potential, Lead community organization: Charlotte Regional Business Alliance, 1. Incredible supporter of the administrations actions on HBCUs, Ivanka said at the Sept. 23 event that Smith attended virtually. [2], Smith served in the state House until he retired in 1972 to return to his ranch. [16][17][18] Vista has invested in companies such as STATS, Ping Identity, and Jio. Fund modernization & capacity-building and provide in-kind subject matter experts $30M: help 4-5 CDFIs/MDIs* over 5 years modernize their core systems, hire and train staff, expand marketing and standup SWAT team of experts to conduct needs diagnostic, implement tech solution & provide technical assistance. After graduating, he began working in industry in Applied Research and Development and received two US and two European patents and numerous awards. His bio from Black Enterprise reads in part. [80][81], In May 2022, Cornell University announced a $15 million donation from Robert Frederick Smith that will provide financial aid to engineering students from historically underrepresented communities. By clicking Sign up, you agree to receive marketing emails from Insider Be an advocate for SCI priorities: engage federal and state agencies to drive policy and funding improvements to better support SCIs near-term priorities, E.g., Engage the Small Business Administration and Minority Business Development Agency to increase technical assistance programs and annual spend to better support Minority Business Enterprises (MBEs) with capital and scaling needs, E.g., Ask the Federal Communications Commission (FCC) to include multi-dwelling unit connectivity in its new broadband connectivity maps and ask the National Telecommunications and Information Administration (NTIA) to allow non-FCC data in state broadband plans to unlock ~$285M in potential government broadband funding for 5 SCI regions. One Twitter user wrote, This is a small example of Black wealth, position, & power used properly., Another user wrote, Imagine if every billionaire did this. Many private equity executives are regular donors to campaigns on both sides of the aisle, and Smith is no exception. Fund SFI program $12M: fund the Student Freedom Initiatives Income Contingent Alternative to Parent Plus to support ~120 Black STEM students per year forever at 3 HBCUs*, * Minority Serving Institutions / HBCUs being considered: Dillard University, Southern University New Orleans and Xavier University of Louisiana, 6. Robert Frederick Smith (born December 1, 1962) is an American billionaire businessman and philanthropist. Robert F. Smith. Sometimes we think its just the Giving Pledge-kind of people making a difference, but its also individuals who may not have great wealth but who give generously of their time and resources. "This has been a heartbreaking and painful week for America and a reminder that in our endless pursuit of a 'more perfect union,' a great deal of work remains," Smith wrote. [6], Smith died on September 21, 2020, in Medford, Oregon at the age of 89. Boswell, Josh. In addition to his personal philanthropy, Smith is the founding director and President of the Fund II Foundation, a charitable organization making grants to support a broad range of organizations. Share 20.8K. How he made his billions. He went on to study at Cornell and Columbia universities, and he worked at Goldman Sachs before starting his own investment firm. TheGrio is now on Apple TV, Amazon Fire, and Roku. Robert F.Smith is a billionaire who gave the commencement speech at Morehouse College on Sunday, telling the graduating students his gift was to pay off all of their student loans. He is the founder, chairman, and CEO of private equity firm Vista Equity Partners. In 2013,BEnamed the firm BE100s Financial Services Company of the Year and Smith as one of the Most Powerful Blacks on Wall Street. Smith's held the party at his waterfront estate in Palm Beach, Fla. Sotheby's International Realty Attendees weren't encouraged to enter the $48 million house a 25,000-square-foot spread. Private Equity Investor and Philanthropist, Robert Smith is a billionaire American businessman, financier, and philanthropist who amassed his fortune as the founder and CEO of Vista Equity Partners. The gift will support an undergraduate scholarship fund to provide at least 7 students a year from urban high schools with up to $45,000 in grants, in addition to setting up a graduate fellowship fund to support 12 masters students and five doctoral students who attended historically black colleges and universities. A primary election is an election in which registered voters select a candidate that they believe should be a political party's candidate for elected office to run in the general election. Search Terms: Robert Smith Reset All Filters Page 3 of 1,139 First Previous 1 2 4 5 6 7 8 9 Next Under his leadership, the firms portfolio has grown to include some of the worlds leading enterprise software companies. The two previously knew each other as titans in the business specter. Smith is the richest black person in the United States, with a net worth of $5 billion, according to Forbes. Scale team ~$3M: hire 3-4 FTEs over 5 years for One Houston Together* to help companies increase MBE spend from ~2% to 5-10%+ as well as BIPOC workforce advancement and BIPOC board representation, 2. The same year, Smith began working at Goldman Sachs as an investment banker focused on investments in technology and Silicon Valley. Warning: Creating default object from empty value in /homepages/17/d4294970467/htdocs/morpheus/wp-content/themes/virtue/themeoptions/inc/class.redux_filesystem.php on . Political Campaign Contributions. Born in Prussia, Wagner migrated with his family to the United States in 1885. I am showing the current generations of African Americans they can do it, too. Scale technical assistance $15M: fund*to expand technical assistance through business coaches and wrap-around services for 500+ MBEs over 5 years to help them scale from <$1M to $5M+ in annual revenue, 2. In a 2015 interview with Columbia Business School, Smith said fly fishing helps him be "more mindful, more thoughtful," adding: "It makes you slow down and actually focus. Vista Equity partners, has officesin Austin, Chicago, Smith and his wife bought a $20 million Malibu mansion. He was Speaker of the House for the 1969 and 1971 sessions. Raise community awareness & adoption of Emergency Broadband Benefit: increase door-to-door and community outreach in low-income neighborhoods to get households onto EBB to help connect ~145K unconnected households, * Community organization(s) being identified, Estimated impact (of all initiatives): ~145K households connected to high-speed internet to unlock ~$3B in economic potential, Lead community organization: Urban League of Louisiana, 1. "Think about 400 young African American men who had just done the heavy lift. All Rights Reserved. After a brief retirement, he returned to Congress in 1997. Provide in-kind staff: offer 2-5 FTEs to the Charlotte Regional Business Alliance (CRBA)over 5 years to track Black-/Brown-executive representation, convene corporate partners to develop executive pipeline and hiring plans and support corporate partners to increase representation from ~10% to 30%+, Estimated impact (of all initiatives): 2.5K+ additional college graduates and 2.5K workers with high-paying wages to drive ~$0.2B in economic growth, 7. Some of their responsibilities include overseeing the Primary, Candidate Filing, and other elections; chairing County Executive Committee Meetings; organizing and leading the local party; as well as overseeing and/or assisting with precinct and county or Senate District Conventions as required. Share. A state government trifecta is a term that describes single-party government, when one political party holds the governor's office and has majorities in both chambers of the legislature in a state government. Robert F. Smith is a philanthropist and entrepreneur committed to uplifting the human spirit, particularly in underrepresented communities. He's donated thousands more to specific Democratic candidates including Barack Obama, Hillary Clinton, Kamala Harris, and Chuck Schumer. Raise community awareness & adoption of Emergency Broadband Benefit: increase door-to-door and community outreach in low-income neighborhoods to get households onto EBB to help connect ~35K unconnected households, Estimated impact (of all initiatives): ~35K households get connected to high-speed internet to unlock ~$700M in economic potential for Charlotte, Lead community organization: Prosper Birmingham, 1. * In partnership with National Bankers Association and Appalachian Community Capital; CDFIs/MDIs being considered include: First Bancshares, Commonwealth National Bank, TruFund, Sabre Finance, Bronze Valley, etc. Voreacos, David; Weinberg, Neil. Robert F. Smith Discusses his Goalsetter Gift on MSNBC Today. Accessed August 25, 2021. [19][20][21] As of 2019, Vista Equity Partners had closed more than $46 billion of funding. Vista uses a personality test developed by IBM that measures social and technical skills, as well as applicants' interest in arts and humanities. For his 60th birthday, billionaire Robert F. Smith's wife threw him a James Bond-themed party. Education: Willamette University : Robert Freeman Smith (June 16, 1931 - September 21, 2020), commonly known as Bob Smith, was an American Republican politician who represented Oregon in the United States House of Representatives from 1983 to 1995 and from 1997 to 1999. Smith has achieved a series of historic milestones throughout his life. Smith was born to Dr. William Robert Smith and Dr. Sylvia Myrna Smith, who were both school teachers. Standup training hub $30M: fund* the establishment a world-class training hub that offers certificate-granting STEM and innovation programs in advanced manufacturing, health care, etc. Smith pledged an additional $1.5 million to Morehouse College for scholarships and renovations. Robert F. Smith received accolades from a number of different organizations for his charitable work, entrepreneurship and industry leadership. He's also on the Board of Overseers of Columbia Business School, a Member of the Cornell Engineering College Council, and a Trustee of the Boys and Girls Clubs of San Francisco, according to his bio. He's the "antithesis of [Blackstone CEO Steve] Schwarzman," a tech-industry banker told Business Insider. Share Background Report Overview of Robert F Smith Jr Lives in: Findlay, Ohio Phone: View phone number Age: 70 Robert Smith Jr's Voter Registration [2][41][42] Also in 2014, Smith received an honorary doctorate from Huston-Tillotson University. Lives in: Madison, Connecticut Phone: (860) 922-4202. "When I finished business school and decided to join the tumultuous world of investment banking, my family and friends spoke up with concerns about my sanity," Smith said in his American University commencement speech. But Smith said he kept calling back "every day for two weeks straight," and after an intern from MIT didn't show up, he was accepted as an intern. [18], Also in October, the Daily Mail reported that Smith had attempted to curry favor with then-President Donald Trump (R) and his advisors during the investigation. "I dug up the phone number for Bell Labs to ask about summer internships," Smith said. Smith also serves as the chairman for the Robert F. Kennedy Center for Justice and Human Rights. Vista uses a personality test developed by IBM, married in 2015 in a lavish ceremony on Italy's Amalfi Coast, a star-studded display that included entertainment, Smith promised to invest half of his net worth, Smith donated $20 million to the National Museum of African American History, started programs supporting music education. 77th United States Secretary of the Treasury, Morehouse College Student Success Program, Billionaire Robert Smith reaches $140 million tax settlement with DOJ. Raise community awareness & adoption of Emergency Broadband Benefit: increase door-to-door and community outreach in low-income neighborhoods to get households onto EBB to help connect ~35K unconnected households, Estimated impact (of all initiatives): 48K households get connected to high-speed internet to unlock ~$700M in economic potential for Jefferson County. Accessed August 25, 2021. To The Washington Postin an interview, Smith said that he decided to become a little bit more public in his efforts to improve the African American experience in the United States after he witnessed the unrest in Ferguson, Missouri in 2014, after the fatal shooting of Michael Brown. He made a real effort and didnt have a particular agenda He was legitimately interested in helping the program., Read More: Billionaire Robert Smith reaches $140 million tax settlement with DOJ. In his Giving Pledge bio, Smith promised to invest half of his net worth during his lifetime "to causes that support equality of opportunity for African Americans, as well as causes that cultivate ecological protection to ensure a livable planet for future generations.". Robert Freeman Smith (June 16, 1931 September 21, 2020), commonly known as Bob Smith, was an American Republican politician who represented Oregon in the United States House of Representatives from 1983 to 1995 and from 1997 to 1999. [51][52] He was later recognized as a distinguished alumnus by the college. [55][56], In 2018, Fund II Foundation gave a $2.7 million grant to the Louis Armstrong House Museum, and Smith has served as a board member since. [4] In 1994, Smith earned an MBA from Columbia University and pivoted his career towards business and finance. [44][45], Smith has also served as the chairman of Robert F. Kennedy Human Rights,[46] on the board of overseers of Columbia Business School, as a member of the Cornell Engineering College Council,[47] on the Cornell University Tech Board,[9] and as a Trustee of the Boys & Girls Clubs of San Francisco. Robert Ferdinand Wagner I (June 8, 1877 - May 4, 1953) was an American politician. ] in 1994, Smith and his wife bought a $ 20 million Malibu.. Just done the heavy lift him a James Bond-themed party numerous awards [ 2,... Was an American billionaire businessman and philanthropist his own investment firm just the! 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