Robert F Smith (born 1948) is listed at 34 Honor Road West Haven, Ct 06516 and has no political party affiliation. Smith would rise to cohead of enterprise systems and storage-investment banking at Goldman Sachs, advising on $50 billion of deals from 1994 to 2000. [1][9][10], After graduating from Cornell, Smith worked at Goodyear Tire and Rubber Company, Air Products & Chemicals, and later at Kraft General Foods as a chemical engineer,[1] where he registered two United States and two European patents. And in 2018, Smith dropped $59 million on a three-story New York City penthouse in the Getty, a new luxury building in Chelsea. Accessed August 25, 2021. Talk about a graduation gift! Robert F. Smith is a philanthropist and entrepreneur committed to uplifting the human spirit, particularly in underrepresented communities. 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. May 28 Fund scholarships and hire coaches ~$35M: scale Birmingham Promise fund to financially support 200-250 students per year over 4 years to increase college retention and graduation rates, 5. Powered by. [4] In 1994, Smith earned an MBA from Columbia University and pivoted his career towards business and finance. is listed at 1395 South Rd East Greenwich, Ri 02818 and is affiliated with the Republican Party. Read More: Did Robert F. Smith use Black America? In 2017, he joined the Giving Pledge, pledging to donate a majority of his net worth during his lifetime. He graduated with honors from Columbia Business School and entered the investment banking in Mergers & Acquisitions for Goldman Sachs in New York City and later San Francisco. Smiths probe by the FBI became public knowledge in August. [1] He grew up in a predominantly African American, middle-class neighborhood in Denver, Colorado. Over the years, Smith has made major contributions to the National African American History Museum, Carnegie Hall, Robert F. Kennedy Human Rights, Cornell University, Morehouse College and many other organizations. 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. He was a Democratic U.S. 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. from 1999 to present. He is also a major donor to the National Museum of African American History and Culture, the Chairman of Carnegie Hall, and the Chairman of Robert F. Kennedy Human Rights, among many others. [3], In 1985, Smith graduated from Cornell University with a degree in chemical engineering. And I thought, what can I do to uplift their spirit that is already high? After Smith made that announcement, you can see the shock and celebration take place in the audience, as the students registered fully what Smith was saying. Smith earned a degree in chemical engineering from Cornell University. 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 teams to conduct needs diagnostic, implement tech solution & provide technical assistance. The move cost Smith $34 million. [1] He advised on merger and acquisition activity with companies such as Apple and Microsoft. Smith has been cooperating with the investigation and will admit failing to pay about $30 million in taxes, with penalties and interest accounting for the total payout. Estimated impact (of all initiatives): ~$330M+ in additional loans per year to support ~30K+ MBEs, Lower financial burden for Black students, increase number of Black college graduates, increase Black workforce and executive representation and their access to high-paying jobs, 6. CEO and founder of private equity firm Vista Equity Partners. Issue digital access equality bonds: issue equality progress bonds and invest proceeds into SCIs digital access initiatives, 5. EXCLUSIVE: Billionaire at center of Americas largest tax evasion probe made friends with the Trumps, praised Ivanka and rented near Mar-a-Lago after paying off Morehouse students debts. Daily Mail. Smith ranks third in Forbes' Black Billionaires list, following Nigerian cement and commodities tycoon Aliko Dangote, worth $10.9 billion, and Nigerian-born Mike Adenuga, who made his fortune in the oil and mobile telecoms industries and is worth $9.1 billion. [75] In April 2020, Governor Greg Abbott named Smith to the Strike Force to Open Texas a group "tasked with finding safe and effective ways to slowly reopen the state" amid the COVID-19 pandemic. Robert F. Smith is the Founder, Chairman and CEO of Vista Equity Partners, a leading global technology investment firm. 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. 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. * In partnership with National Bankers Association and Appalachian Community Capital; CDFIs/MDIs being considered include: New Orleans Business Alliance (community convener), Liberty, TruFund, LiftFund, NewCorp, etc. He served as Chairman of the Philadelphia Democratic City Committee from 1983 to 1986 and as a member of the Pennsylvania State Senate for the 4th . [59] That same year, Smith donated $2.5 million to the Prostate Cancer Foundation to advance prostate cancer research among African-American men. In 2019, Smith attracted positive press when he pledged $34 million through the Fund II Foundation to pay off all student loan debt for the graduating class of 2019 at Morehouse College, a historically Black college. It was a series of very substantive discussions that resulted in really beneficial policies to support minority & underserved communities.https://t.co/qt05ua8jMJ, Ivanka Trump (@IvankaTrump) June 25, 2020. [60] Also in 2018, Smith donated $1 million to the Cultural Performance Center at the Denny Farrell Riverbank State Park in Harlem, which was later renamed the Robert Frederick Smith Center for Performing Arts. A portion of these funds were re-routed through the Fund II Foundation and dispersed philanthropically, thereby garnering illicit charitable tax deductions for Smith, who allegedly avoided paying taxes on $200 million in income. Search Terms: Robert Smith Reset All Filters Page 3 of 1,139 First Previous 1 2 4 5 6 7 8 9 Next She also retweeted the Post profile of him. [5][6] Smith earned a bachelor's degree in chemical engineering fromCornell University in 1985. Have you subscribed totheGrios podcastDear Culture? You are responsible for building strong, safe places where our young brothers and sisters can grow with confidence, watch and learn from positive role models, and believe that, they too, are entitled to the American Dream. -Robert F. Smith @RFS_Vista #MorehouseGrad2019 pic.twitter.com/CeMs6CxQkq, Morehouse College (@Morehouse) May 19, 2019. Smith said, The vision I was sold as a kid is unraveling. Incredible supporter of the administrations actions on HBCUs, Ivanka said at the Sept. 23 event that Smith attended virtually. [15] As of 2019, Vista Equity Partners was the fourth largest enterprise software company after Microsoft, Oracle, and SAP, including all their holdings. The post Billionaire Robert Smith befriended Trump inner circle after paying off Morehouse debts: report appeared first on TheGrio. [54] That year, Smith was awarded an honorary doctorate from the University of Denver. Smith, by the way, made . Robert, on the other hand, has donated more than $250,000 to Republican campaigns and political groups. Pick one school and unburden an entire generation. [10] [11], After the Morehouse College donation, the Fund II Foundation co-founded the Student Freedom Initiative with a $50 million grant. Republican Party of Texas. Sign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking delivered daily to your inbox. Political party: Republican: Spouse: Kaye Elizabeth Tomlinson (m. 1966) 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. 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. The banker went on to praise Vista, as well, saying "there is no shortage of PE shops that have succumbed to style creep and/or chasing fleeting trends, but Vista has remained focused on enterprise software and technology. The nations top corporations can reverse this by rebuilding these key infrastructures by allocating 2% of their net profits for the next 10 years to four key pillars: Banking and Financial Services, Healthcare, Education and Technology and the Digital Divide. Fund HBCU campus-wide internet up to $50M in donations or in-kind: Partner with the Student Freedom Initiative to deliver campus-wide high-speed internet at ~10 HBCUs across SCI regions, 6. Billionaire investor Robert Smith on providing financial help for minority-owned small businesses. (Non-profit). "Patriot Mobile Action is a new entity created to put . He's donated thousands more to specific Democratic candidates including Barack Obama, Hillary Clinton, Kamala Harris, and Chuck Schumer. Still, the apple didn't fall too far from the tree: Ziff gave to Republican legislators. Smith persisted, calling each Monday for five months. And I thought liberating 400 spirits 400 years after 1619 is probably a good, good thing to do.". Robert Smith has 11,381 Voter Records | Page 3 Robert Smith has 11,381 Voter Records There are 11,381 voter registration records for Robert Smith. 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. Toggle navigation VoterRecords.com. Billionaire Robert Smith Fighting U.S. Criminal Tax Inquiry. Bloomberg. Standup MBE fund $15M: standup/scale MBE fund* to offer more flexible access to capital arrangements 400-500 MBEs over 5 years, * Lead organization: The Collective Blueprint; Contributing local organizations for community strategy include (but not limited to): Community Unlimited, Womens Business Center South, Epicenter, others, Estimated impact (of all initiatives): 2.3x increase in MBE value & 20K+ new jobs, boosting Black communitys net worth by ~$3B+, Modernize CDFI/MDI systems and tech as well as recruit and upskill talent to increase CDFI/MDI capacity and ability to inject more capital into Black communities, 3. ** Minority Serving Institutions / HBCUs with STEM programs being considered: Texas Southern University, University of Houston, Prairie View A&M University, Houston Baptist University, University of Houston-Clear Lake, University of Houston-Downtown, University of St Thomas. Smith attended Cornell for undergrad but never lost touch with Bell Labs. Fund technical assistance $25M: fund Prosper Birmingham, Magic City Match, and Birmingham Business Alliance to establish/expand business advisory programs, renovate and subsidize retail/office space for MBEs and scale coaches & support services (e.g., digital footprint, B2C platforms, accounting & bookkeeping, recruitment, etc.) Celebrating Famous Black People From History, founding director and President of the Fund II Foundation, Learn About The Southern Communities Initiative, National Telecommunications and Information Administration (NTIA), Income Contingent Alternative to Parent Plus, Houston Minority Supplier Development Council (HSMDC), Office of Information Technology & Innovation, Charlotte Regional Business Alliance (CRBA). Download theGrio today! In the years since its founding, the firm has generated bumper returns for investors and gradually increased assets under management. Voreacos, David; Weinberg, Neil. [7], "Kaye Tomlinson and Robert F. Smith Wed at Church Nuptials", "SMITH, Robert Freeman | US House of Representatives: History, Art & Archives". [26] According to Forbes, "Smith is the first African-American to sign the Giving Pledge, a commitment to contribute the majority of his wealth to philanthropic causes. One Future. initiative. Born in Prussia, Wagner migrated with his family to the United States in 1885. 77th United States Secretary of the Treasury, Morehouse College Student Success Program, Billionaire Robert Smith reaches $140 million tax settlement with DOJ. 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 During his commencement speech at Morehouse College on Sunday, Smith received an honorary degree, then proceeded to tell the class of 2019 that he would be paying for their cumulative student debt. 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. Robert Frederick Smith (born December 1, 1962) is an American billionaire businessman and philanthropist. More than $ 250,000 to Republican legislators majority of his net worth during lifetime. 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