To empower technology companies in the enterprise software market, Smith launched Vista Equity Partners, a global investment firm, in 2000. Smith was worth an estimated $2.5 billion, as of 2016. ", "Influential Black Entrepreneurs - Robert Smith", "Vista Equity: The Biggest Software Group You've Never Heard Of", "Robert F. Smith - Vista Equity Partners", "Vista Equity Partners to pay $1.9 billion in private-equity deal for Apptio", "Vista Equity Partners to invest $1.5B in India's Reliance Jio Platforms", "Vista Equity Partners Is Acquiring Ping Identity", "What to know about Robert F. Smith, the man paying off Morehouse grads' student loans", "Vista's Smith named PEI's 2016 'Game Changer', "Cover Story: Robert F. Smith, Chairman & CEO of Vista Equity Partners", "Who Is Robert F. Smith? "[27], In December 2022, taking a stand together against increasing instances of racism and antisemitism in the US, Smith joined New York City Mayor Eric Adams, Reverends Al Sharpton and Conrad Tillard, World Values Network founder and CEO Rabbi Shmuley Boteach, and Elisha Wiesel to host 15 Days of Light, celebrating Hanukkah and Kwanzaa in a unifying holiday ceremony at Carnegie Hall. He is a male registered to vote in Connecticut. He worked as a rancher until his election to the Oregon House of Representatives in 1960. In response to Smiths charitable donation, many on Twitter are lauding him as an icon. Overview of Robert F Smith . Komen. Among the recognitions he received are: 2020 Forbes Diversity & Inclusion Award 2020TIMEs100 Most Influential People 2019 Carnegie Medal of Philanthropy 2019 Inductee into the Texas Business Hall of Fame 2019 UNCF Presidents Award 2018 Honored by National Park Foundation 2017 Columbia University BBSA Distinguished Alumni Award 2016 Congressional Black Caucus Foundation Chairs Award 2010 Ripple of Hope Award from Robert F. Kennedy Human Rights Forbes 100 Greatest Living Business Minds. [38] According to The Wall Street Journal and The New York Times, Brockman's lawyer helped Smith set up the offshore entity. Fund SFI program $7M: fund the Student Freedom InitiativesIncome Contingent Alternative to Parent Plus to support ~15 Black STEM students per year forever at 4 HBCUs**, * Lead organization: The Collective Blueprint; Contributing local organizations for community strategy include (but not limited to): Greater Memphis Chamber and Workforce Midsouth, ** Minority Serving Institutions / HBCUs with STEM programs being considered: Le Moyne-Owen, Baptist Memorial, University of Memphis, Rust College, Estimated impact (of all initiatives): 8K+ additional college graduates and 10K workers with high-paying wages to drive ~$1B+ in economic growth, Increase accessibility, affordability and adoption of high-speed Internet, 8. and increase community outreach to drive regional awareness and new pipeline projects over 5 years, 3. The district's incumbent, freshman Republican Denny Smith (no relation), opted to run in the newly created 5th district after it absorbed much of the western portion of the old 2nd, including Denny Smith's home in Salem. And my family is making a grant to eliminate their student loans.. They are also used to choose convention . Billionaire investor Robert Smith on providing financial help for minority-owned small businesses. CEO and founder of private equity firm Vista Equity Partners. Commit to increase racial diversity in supply chain and procurement: increase MBE spend in Greater Houston region* to 5-10%+, * One Houston Together serves as lead (please contact if you are interested in funding these initiatives), ** Houston Minority Supplier Development Council (HSMDC) serves as a partner organization (please contact if you are interested in learning more about this initiative), Estimated impact (of all initiatives): 2.5x increase in MBE value & ~55K new jobs, boosting Black communitys net worth by ~$12B, 4. He was a Democratic U.S. Robert F Smith (age 70) is listed at 2433 Aberdeen Dr Findlay, Oh 45840 and has no known political party affiliation. 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. [51][52] He was later recognized as a distinguished alumnus by the college. Have you subscribed totheGrios podcastDear Culture? [48] He has donated to the Sphinx Organization, which supports diversity in the arts. This effort will drive corporate collaboration with local grassroots community organizations to help achieve scalable projects that can be rolled out across the country wherever inequity exists. TheGrio is now on Apple TV, Amazon Fire, and Roku. What is the Southern Communities Initiative? Robert F. Smith. [3] Between 1965 and 1969, Smith was the president of the Oregon Public Land Commission. [69][70][71][72] He had previously donated $1.5 million to the school in January 2019, to be used for scholarships and a park. Search; . Robert F Smith (born 1957) is listed at 46 Railroad Avenue Madison, Ct 06443 and has no political party affiliation. Smith persisted, calling each Monday for five months. Jones, Charisse. In 2016, he was named the first African-American, as well as the first non-New Yorker, to be named the chairman of New Yorks Carnegie Hall. Now, Ive got the alumni over here, and this is a challenge to you, alumni: this is my class, 2019. Smith said, On behalf of the eight generations of my family who have been in this country, were going to put a little fuel in your bus. 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. 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. Smith made a shrewd move in acquiring Sunquest Information Systems Inc., for a relative bargain price of $327 million$200 million in equity and $127 million in debt. 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. Meet Robert Smith, the Billionaire Investor Who Paid Off Student Loans Vista Equity Partners' Robert F. Smith spent $34 million paying off Morehouse 2019's student loans. And I thought liberating 400 spirits 400 years after 1619 is probably a good, good thing to do.". Includes location, related records, political party, and more. In 2017, Smith became the first African American to sign the Giving Pledge a commitment to donate a majority of his net worth during his lifetime to charitable causes. 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;in-kind experts to also help build out the MBE ecosystem through CDFIs/MDIs, market CDFI/MDI offerings and programs and help draft final loan agreements to qualify borrowers between investment fund(s) and CDFIs/MDIs. 4. Follow Robert F. Smith on social media for the latest on his work as a business and philanthropic leader. [6], Smith died on September 21, 2020, in Medford, Oregon at the age of 89. Smith has donated at least $1.6 million to the Democratic National Committee, according to Open Secrets, a non-profit, nonpartisan research group that tracks the effects of money and lobbying on elections and public policy. Powered by. Offer in-kind FTEs: provide 2-5 in-kind FTEs to the Charlotte Regional Business Alliance (CRBA) over 5 years to convene corporate partners, assess their MBE spend, develop pipeline to increase MBE spend to 5-10%+, 2. In 2016, Smith and his wife bought a $20 million Malibu mansion from "Real Housewives of Beverly Hills" star Yolanda Hadid. Smiths probe by the FBI became public knowledge in August. 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). Fund SFI program $120M: fund the Student Freedom Initiatives Income Contingent Alternative to Parent Plus* to support ~1.2K Black STEM students per year forever at 7 HBCUs**, * Student Freedom Initiative serves as lead (main contact if you are interested in learning more and funding this initiative). Contribution Totals. [28][29]Smith said: "When we unify the souls of our two communities, we can usher in light to banish the darkness of racism, bigotry, and antisemitism. A blogger who has a large audience can create wealth by attracting advertisers. Robert is . [1] He advised on merger and acquisition activity with companies such as Apple and Microsoft. For his 60th birthday, billionaire Robert F. Smith's wife threw him a James Bond-themed party. Here's Why Investors Shrugged", "The Billionaire Behind the Biggest U.S. Tax Fraud Case Ever Filed", "Now the Richest Black American, He's Also One of America's Biggest Philanthropists", "Austin billionaire who paid off students' debt has history of giving back", "A "quiet" African American billionaire is offering Nigeria's rescued Chibok girls a new lease of life", "US tycoon helps Chibok pupils back into the classroom", "Robert Smith | Robert F. Kennedy Center for Justice & Human Rights", "Carnegie Hall Names New Board Chairman: Private-Equity Financier Robert F. Smith", "Cornell names Robert Frederick Smith School of Chemical and Biomolecular Engineering in recognition of the leadership of philanthropist", "Cornell names engineering school after alumnus", "7 More U.S. Philanthropists Sign Giving Pledge", "Billionaire Denverite Robert F. Smith pledges to pay off student loan debt for Morehouse College class of 2019", "NEXUS Summer Program Students Dream Big in Teen Entrepreneurship Challenge", "Louis Armstrong's Life in Letters, Music and Art", "Louis Armstrong's unseen artifacts almost ready for public view", "Warner/Chappell Music CEO Jon Platt Lauded at City of Hope Gala: 'He's the Obama of the Music Industry', "Billionaire, Power 100 Honoree, Robert F. Smith Donates to Prostate Cancer EBONY", "Riverbank's Cultural Center Renamed After $1 Million Gift", "Morehouse gets two $1M gifts at anniversary gala", "EBONY Power 100 2017 Honoree - Robert F. Smith", "President Obama to Deliver Final Keynote at 46th ALC Phoenix Awards Dinner - Congressional Black Caucus Foundation", "Harlem Columbia Grad Billionaire Man Robert F. Smith (Video)", "AU Announces 2015 Commencement Speakers | American University Washington DC", "JUST IN: Morehouse commencement speaker to pay off Class of 2019's student loans", "Billionaire Robert F. Smith pledges to pay off Morehouse College Class of 2019s student loans", "Graduation speaker pledges to pay class of 2019 student debt", "Morehouse Graduates' Student Loans to Be Paid Off by Billionaire", "Morehouse to use $1.5 million gift on scholarships and a new park", "Announcing the 2019 Carnegie Medal of Philanthropy Recipients", "Kendra Scott's and Robert Smith Invited to be Inducted in 2019 - Texas Business Hall of Fame", "These are the experts, leaders working with Gov. In a memo sent to Vista employees following the outbreak of widespread protests on the killing of George Floyd, Smith recounted his uncle's murder by a white gas station attendant nearly 50 years ago and called for "love and understanding.". Estimated impact (of all initiatives): 5K+ additional college grads & ~600 workers with senior exec positions / high-paying wages to drive ~$0.2B in economic growth, 6. 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. [2][41][42] Also in 2014, Smith received an honorary doctorate from Huston-Tillotson University. Jordan Hart. In 2016, Smith donated $20 million to the National Museum of African American Historyand Culture in Washington, DC. Smith attended Cornell University as an undergraduate, then attended Columbias School of Business to get his MBA. As of 2019, the firm has $46 billion in funding. As of April 2021, Smith was the wealthiest Black American, with a net worth of $6 billion. The two previously knew each other as titans in the business specter. In particular, his philanthropy honors the sacrifices and contributions of his parents, grandparents and African American ancestors who he says paved the way for his success. Smith,. Download theGrio today! Philanthropy. Robert F. Smith. Robert F. Smith is a philanthropist and entrepreneur committed to uplifting the human spirit, particularly in underrepresented communities. Robert D. Burns III (unopposed) 100.00%: . 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 ~135K unconnected households, * Lead organization: The Collective Blueprint; Contributing local organizations for community strategy include (but not limited to): CodeCrew, Estimated impact (of all initiatives): ~135K households connected to high-speed internet to unlock ~$2B+ in economic potential, Lead community organization: Greater Houston Partnership, 1. Conduct advocacy: askUS Treasury & Tennessee Stateto allow Tennessee CDFIs/MDIs to retain SSBCI capital & offer loan guarantees to boost loan issuance, 5. * In partnership with National Bankers Association and Appalachian Community Capital; CDFIs/MDIs being considered include: Community Unlimited, Hope Credit Union, River City Capital, United Housing Inc, etc. [10] According to Black Enterprise magazine, Smith is credited with consistently generating a 30 percent rate of return for his investors from the company's inception to 2020. One hundred years later, our own Founding Fathers recognized the need for that and the other rights in that. Invest directly into SCI (coming soon): provide funding for SCI to pool and invest in community initiatives that are most well-positioned for funding and can drive direct community impact. Oregon Blue Book: Earliest Authorities in Oregon - Speakers of the House of Representatives of Oregon. Philanthropist Smith said that his gift of 1,500 shares of top tech stocks to the Eagle Academies for Young Men, in New York City and Newark, N.J., including all 2,900 students, educators and staff members, was about opportunity. [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. As a high schooler, Smith convinced Bell Labs to give him an internship even though they were reserved for college students. Scale career prep ~$10M: scale the New Orleans Youth Alliance and YouthForce NOLA with 15-20 coaches over 5 years to equip ~20K young adults with skills for high-paying industries, job search & prep and subsidized transportation, Estimated impact (of all initiatives): ~2K additional college graduates and ~20K workers with high-paying wages to drive ~$1B in economic growth, 7. Learn More About the Billionaire Whose Generosity Shocked a Graduating Class", "Billionaire Robert F. Smith Launches New Initiative to Ease Student Debt at Historically Black Colleges", "Black and Jewish Leaders Gather at Carnegie Hall to Take a Stand Against Antisemitism and Racism", "Mayor Eric Adams, Rev. I see the little tears in the fabric of society every day. A state supreme court plays a role in the checks and balances . Just a month later, he joined Ivankas White House American Workforce Policy Advisory Board which is tasked with rejuvenating the job market. The measures even included allegedly shutting down the home's 15 bathrooms to guests in favor of outdoor port-a-potties at their Florida . Since then, he has reportedly amassed an additional $2.5 billion, and his net worth in March was believed to be $5 billion. Estimated impact (of all initiatives): ~$330M in additional loans per year to support ~30K MBEs, 5. Watch the latest videos of Robert F. Smiths speeches, TV interviews, and other appearances. Accessed August 25, 2021. [4] Upon his return, he was elected chairman of the House Agriculture Committee, but only served one term before retiring for good. He is the Founder, Chairman and CEO of Vista Equity Partners, focused on investing and partnering with leading enterprise software companies. 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. Born in Prussia, Wagner migrated with his family to the United States in 1885. from 1999 to present. [10] [11], After the Morehouse College donation, the Fund II Foundation co-founded the Student Freedom Initiative with a $50 million grant. At one point, we were having daily conference calls with him and his team. Partygoers weren't . That is where Robert is right now. One Future. initiative. I am showing the current generations of African Americans they can do it, too. Smith served in Congress until 1995. 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, Systems and technology modernization $10M-15M: Add/upgrade core banking systems, hardware and productivity tools, train frontline workforce on new systems & technology and hire engineering specialists to support customization and news systems rollout over 5 years, Talent and workforce $10M: hire and train additional frontline lending staff and invest in recruiting, training, compensation & benefits and retention to increase in-house expertise and loan capacity over 5 years, Other capacity-building and outreach $8M: hire additional staff to increase custom borrower and technical assistance (e.g., credit building, MBE financing options, etc.) Smith said, The vision I was sold as a kid is unraveling. American investor, inventor, engineer, philanthropist, entrepreneur. Vista Equity partners, has officesin Austin, Chicago, Smith and his wife bought a $20 million Malibu mansion. And I thought, what can I do to uplift their spirit that is already high? Smith did not flee the scene, was cooperative with investigators, and was determined to not be under the influence of intoxicants at the time of the wreck. [1] He attended Willamette University in Salem, Oregon, graduating in 1953 with a bachelor's degree in agriculture. Robert is registered to vote in Hancock County, Ohio. You have to focus on everything that you're doing, seconds at a time.". [65][66] He was awarded an honorary doctorate of International Affairs from American University's School of International Service[67][68] and an honorary doctorate from Morehouse College. Showing the current generations of African American Historyand Culture in Washington, DC leading software! 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