Bill, Camille Cosby Praise Billionaire Robert F. Smith's Help to Deceased Son’s Alma Mater
Bill Cosby salutes billiionaire philanthropist Robert F. Smith for his sizeable donation to the comedian's late son's college. His wife, Camille also had praises for Smith for his contribution to education.
Bill and Camille Cosby had nothing but praise for billionaire Robert F. Smith’s recent act of charity. The investment banker reportedly paid off the student loans of the entire graduating class of Morehouse College.
"It’s due time that more wealthy African-Americans take up this mantle, that was truly started by non-wealthy, non-educated Blacks, who understood that education meant freedom.”
"On behalf of the eight generations of my family who have been in this country, we're going to put a little fuel in your bus."— CNN (@CNN) May 20, 2019
Morehouse College grads got a big surprise when billionaire Robert F. Smith announced he would pay off their student loan debt https://t.co/eO2fxfsBVH pic.twitter.com/JhuaS4HOhl
A DONATION CLOSE TO THEIR HEARTS
The donation estimated at $40 million is especially relevant to the Cosbys because Morehouse was the alma mater of their late son, Ennis Cosby. Likewise, it was important for them that Smith was an African American who was making a difference in education.
Speaking to The Blast, Camille says,
“I was excited to read how this Giant Of A Man [Mr. Robert F. Smith] vowed to pay off Morehouse Class of 2019’s student loans. It’s due time that more wealthy African-Americans take up this mantle, that was truly started by non-wealthy, non-educated Blacks, who understood that education meant freedom.”
Bill also expressed his admiration for Smith’s generous donation.
“I salute Mr. Robert F. Smith; he has just reached one step closer to finding a cure for America’s deadly diseases, by funding education.”
He adds that “earning is contagious” himself a living witness to it. “Mrs. Cosby and I are smiling with our son, Ennis,” he concludes.
"The low-profile Smith who’s currently the CEO of Vista Equity Founders and is the richest Black American to date (surpassing Oprah) with a net worth of $ billion has been a philanthropist for quite some time."
Happy 75th Birthday to my beautiful bride, Camille. Dear, you’re a wonderful mother, loving wife, but most importantly, you’re the strength of this family. Please celebrate your day!#CamilleOCosby#Happy75thBirthday#BillCosby#FarFromFinished#FreeBillCosby pic.twitter.com/Q6IFneOwpk— Bill Cosby (@BillCosby) March 20, 2019
Bill himself is not new to giving back. While in prison, he reportedly mentors inmates who are about to leave the institution. He conducts “Man Up” sessions, 15 each month, teaching men how to thrive outside and encouraging them to acquire an education to get decent jobs.
Meanwhile, the low-profile Smith who’s currently the CEO of Vista Equity Founders and is the richest Black American to date (surpassing Oprah) with a net worth of $5 billion has been a philanthropist for quite some time. In 2016, he donated $50 million to his alma mater Cornell to fund a program for black and female engineering students.
Furthermore, in 2017, he became the first black American to donate a big chunk of his wealth to The Giving Pledge which was founded by Bill Gates and Warren Buffett.
Before his recent donation to Morehouse, he also donated $1.5 million to the school to aid in its scholarships and development.
Here’s a great story: While we’ve still got a lot of work to do to make college affordable for everyone, that didn’t stop Robert F. Smith from seizing an opportunity to make a difference. He’s erasing the student loan debt for this year’s @Morehouse grads. https://t.co/I3X38Pbpjz— Barack Obama (@BarackObama) May 20, 2019
As Barack Obama says, Smith is "seizing an opportunity to make a difference." May he continue to empower others with his admirable acts of charity.