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Vista Equity founder, chairman, and CEO Robert F. Smith (Image: file)
Robert F. Smith gave a commencement address at Atlanta-based Morehouse College, announcing that he would wipe college debt obligations for approximately 400 students of the class of 2019. Morehouse College also reported that the gift became a catalyst to support more students through the Student Freedom Initiative.
“His personal gift of $50 million to help launch The Student Freedom Initiative was one of many that interconnect at the root of Smith’s philanthropic mission to uplift Black communities and provide the education and economic infrastructure to secure a solid future for generations of graduates to come,” Morehouse College said online.
Clark Atlanta University Receives $3 Million From Tucker, GA Based Business For New Entrepreneurial Center
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ATLANTA, May 16, 2021 /PRNewswire/ In addition to Clark Atlanta University graduates receiving their degrees on Saturday, May 15
th, they were also the first to hear the announcement of a $3 million gift to the university to fund entrepreneurial programming. CAU President, Dr. George T. French will announce the donation by Tucker, GA-based manufacturer, House of Cheatham, during Saturday s commencement. House of Cheatham, home to popular multi-cultural hair care brands, including Aunt Jackie s Curls & Coils and Africa s Best, bestows the donation in the name of its late founder, businessman and former Georgia State Senator, Robert H. Bell.