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Student Freedom Initiative is excited to recognize our Anchor donors who have placed great confidence in our team following considerable due diligence. Having contributed $50+ million in financial support, Anchor Donors have directly affected the lives of 500 students / year in perpetuity through our Income Contingent Alternative to Parent Plus and Private loans component, which is a fantastic outcome. We want to specially recognize Fund II Foundation for the initial contribution, Robert F. Smith Cisco who also contributed $100 million of in-kind support to assist HBCUs modernize their infrastructure to combat the growing cyber threat, as a part of our Targeted HBCU Capacity Building component. Each of these investments serve as a catalyst for our many others to join the movement with financial and in-kind support tied to their core competencies and subject matter expertise.
Cisco is the worldwide leader in networking for the Internet. Cisco's networking solutions connect people, computing devices and computer networks, allowing people to access or transfer information without regard to differences in time, place or type of computer system. Cisco’s mission is to power an inclusive future for all.
Fund II Foundation
Fund II Foundation was established to rekindle hope and economic success, particularly in African American and other underrepresented communities. We have doubled down on our investments in preparing and supporting students studying in science, technology, engineering, and math (STEM) fields.
Robert F. Smith
Entrepreneur and philanthropist Robert F. Smith has long supported educational opportunities for students, as he’s been aware since his childhood in Denver, CO, of the value of a quality education. He’s also been a vocal advocate for limiting the impact of crushing student loan debt on college graduates.
In 2019, he announced he would pay off all of the student loans of the entire graduating class of Morehouse College— a gift of over $34 million. That act inspired a plan for even greater impact to create generational change for college students, who can overcome huge obstacles to advance their own education and careers. His $50 million donation, which matched that of the nonprofit Fund II Foundation (of which Smith is the founding director and President), provided the initial endowment for Student Freedom Initiative.
Join the Movement
We depend on the generous support of individuals, corporate partners, community advocates, and others to achieve our mission. With your help, we can lift up generations of students and empower them for success.