Who We Are
The Student Freedom Initiative is a 501(c)(3) nonprofit organization dedicated to ensuring freedom in professional and life choices for students attending Minority Serving Institutions (MSIs). In close collaboration with participating schools and other organizations, we provide both an income-contingent funding option for education costs via our “Student Freedom Agreement” and other tools and resources intended to enhance the higher education experience and broaden student outlooks for career paths. Through strategic partnerships, we also provide targeted support to participating schools.
Our program is expected to launch in the fall of 2021, and our efforts will initially be focused on junior and senior STEM majors at select Historically Black Colleges and Universities (HBCUs). Please see our FAQs below for more information.
As a nonprofit public charity, we have raised a significant amount of donated funding that supports our efforts. Among other donations, the Initiative’s initial funding includes a $50 million personal gift from Robert F. Smith — philanthropist and Founder, Chairman and CEO of Vista Equity Partners — and a $50 million gift from the Fund II Foundation — a charitable organization committed to advancing social change, of which Mr. Smith is founding director.