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.