Friday, February 21, 2025
HomeStudentsMorehouse College Receives $1.5 Million Gift for Scholarships

Morehouse College Receives $1.5 Million Gift for Scholarships

-

Students at Morehouse College will soon have a new outdoor study area and endowed scholarships for those who lack the resources to attend the college.

On Thursday, the college announced that it received a $1.5 million gift from Robert F. Smith to fund the initiatives. Smith is a philanthropist and owns the software and technology investment company Vista Equity Partners.

Out of the total amount gifted, $1 million will go towards the creation of the Robert Frederick Smith Scholars Program. The rest will be allocated for the development of the new park.

“Robert F. Smith’s donation of $1 million for student scholarships will have a profound impact on the lives of deserving young men who have the desire to attend Morehouse College, but lack the resources,” said Morehouse president David A. Thomas.

“We appreciate his generosity and his investment in a generation of students who will follow in his footsteps as global leaders and entrepreneurs.”

Smith is the founder of Vista Equity Partners, which currently oversees the portfolio of more than 50 software companies and manages equity capital commitments of more than $46 billion.

In 2018, while recognizing his contributions to business and philanthropy, Morehouse College awarded Smith with the Candle Award during its annual gala.

 

University of Massachusetts Receives $1.5 Million Gift for Scholarships

You Might Also Like

Latest Posts

What Do I Need to Fill Out the FAFSA? Your Federal Aid Checklist

There are so many things you need to fill out the FAFSA. If you don't know where to start, this checklist can help you out.

14 Trade School Subjects That’ll Get You a High-Paying Career

If you’re not sure what career path to pursue, here are 14 of the best trade school subjects for 2021 and beyond.

25 Best Colleges for Aspiring Creative Writers

Succeeding in writing requires talent, but a good school can certainly help. Here’s the rundown on the best US colleges for aspiring writers!