For Immediate Release
June 15, 2021
The Association of African American Museums
The Association of African American Museums Announces Mr. Robert F. Smith as Keynote Speaker for 43rd Annual Conference
The Association of African American Museums (AAAM) is excited to announce that Mr. Robert F. Smith has been confirmed as the association’s keynote speaker for the 43rd Annual Conference. The three-day online event will be held August 4th through 6th and will feature a keynote conversation entitled, Why Museums Matter. Strengthening Our Institutions: Communities and Museums, by Robert F. Smith, Founder, Chairman, and CEO of Vista Equity Partners and Emmy Award winning journalist Jacque Reid. In 2020, Smith was named as one of the TIME 100 Most Influential People in the World and has been recognized by Forbes as one of the 100 Greatest Living Business Minds. Jacque Reid joins the AAAM conference for the second time bringing her superior journalism skills and captivating questions that are sure to leave our audience on the edge of their seats.
To learn more about Mr. Robert F. Smith, please refer to the information below (https://www.vistaequitypartners.com/about/team/robert-f-smith/)
Robert F. Smith is Vista’s Founder, Chairman and CEO. He directs Vista’s investment strategy and decisions, governance and investor relations. Mr. Smith sits on the Investment Committees for Vista’s Flagship, Foundation, Endeavor and Perennial Funds and serves as a member of Vista’s Executive Committee, the firm’s governing and decision-making body for matters affecting its overall management and strategic direction, and Private Equity Management Committee, the firm’s decision-making body for matters affecting Vista’s overall private equity platform. Vista currently manages equity assets under management of over $75 billion and oversees a portfolio of more than 70 enterprise software, data and technology-enabled companies that employ over 70,000 people worldwide. Since Vista’s inception, Mr. Smith has supervised over 500 completed transactions representing more than $173 billion in aggregate transaction value.
Early Life and Career
Born in Denver, Colorado, to two parents with Doctor of Education (EdD) degrees, Mr. Smith trained as an engineer at Cornell University, earning his B.S. in Chemical Engineering in 1985. In 2016, Cornell University honored Mr. Smith’s leadership by renaming the school he graduated from: Robert Frederick Smith School of Chemical and Biomolecular Engineering. While earning his MBA from Columbia Business School with honors, he served as President of the Black Business Students’ Association and President of the Japan Business Association. After graduation, he worked at Goodyear Tire and Rubber, followed by Kraft General Foods, where he obtained two United States and two European patents for coffee filtration systems.
Upon receiving his MBA in 1994, he joined Goldman Sachs in tech investment banking, first in New York City and then in Silicon Valley. As Co‐Head of Enterprise Systems and Storage, he executed and advised on over $50 billion in merger and acquisition activity with companies such as Apple, Microsoft, Texas Instruments, eBay and Yahoo. He was the first person at Goldman’s San Francisco office to focus solely on mergers and acquisitions of technology and software companies.
In 2000, Mr. Smith founded Vista Equity Partners to invest in businesses that develop and use technology, software and data to promote economic equity, ecological responsibility and diversity and inclusion for the prosperity of all. Vista achieves its mission of creating opportunity through the power of technology by using a variety of private equity, permanent capital, credit and public equity investment strategies.
As one of the top experts on investing in the software and technology industry in the world, Mr. Smith has been invited to speak about finance, entrepreneurship, innovation, leadership and related topics at a variety of venues, including the World Economic Forum and The Milken Institute, among others. He has also appeared in numerous interviews for television, written publications, podcasts and other media.
Philanthropy and Recognitions
Mr. Smith is the founding director and President of the Fund II Foundation. Started in 2014, the Foundation provides grants to fund efforts that conserve African American experiences and culture for future generations, rectify human rights abuses, promote music education for young people, protect the environment through advocacy and awareness of the benefits of the outdoors, and uphold vital American values such as empowerment, innovation and security for all. Mr. Smith has been a leading voice advocating for companies to take diverse internship candidates in STEM fields. In 2019, under Mr. Smith’s leadership, Fund II Foundation launched InternX, a platform to match leading companies with diverse internship candidates. Vista runs its own internship offering to boost diversity, the Vista Frontier Fellows Program.
In 2016, Mr. Smith and the Fund II Foundation received the Frederick D. Patterson Award, the highest recognition awarded by the UNCF, an organization that focuses on increasing access to higher education for underrepresented students. In 2019, Mr. Smith received the UNCF President’s Award, and at the award ceremony, he announced a matching gift of all funds raised during the gala event.
Also, in 2016, Mr. Smith announced a personal contribution of $20 million to Cornell University’s College of Engineering, plus another $10 million in scholarships for African Americans and women pursuing technology-related degrees.
Mr. Smith continues to serve his alma mater as a Member of the Cornell Engineering College Council.
Throughout all of his successes, Mr. Smith has demonstrated the importance of giving back. In 2017, Mr. Smith signed the Giving Pledgeand was the first African American to do so. In his pledge, Mr. Smith committed to investing half of his net worth during his lifetime “to causes that support equality of opportunity for African Americans, as well as causes that cultivate ecological protection to ensure a livable planet for future generations.” With a place on the Bloomberg Billionaires Index, Mr. Smith’s efforts to give back continue to have a large impact on the organizations and charities he supports. TIME magazine recognized Mr. Smith as one of the 100 most influential people of 2020, noting his contributions to education for underrepresented students of color, minority-owned small businesses and lower-income communities.
Mr. Smith continues to gain recognition for his accomplishments and philanthropic endeavors. In the same year he signed the Giving Pledge, Smith was also named one of the 100 Greatest Living Business Minds by Forbes. In 2019, Mr. Smith received the Carnegie Medal of Philanthropy. The medal citation by the award committee cites his contributions as a philanthropist and dedication to educational programs that create opportunities for current and future generations.
Also, in 2019, Mr. Smith received an honorary doctorate from Morehouse College and made headlines by announcing that he would cover the student loan debt of nearly 400 students in the graduating class in a commencement speech. In May 2019, he was inducted into the Texas Business Hall of Fame, and in December 2019, he was included on Bloomberg’s list of the 50 people who defined the year.
In 2020, Mr. Smith received Cornell Engineering’s 2020 Distinguished Alumni Award for his philanthropic work and dedication to inclusion and diversity in the technology industry.
Mr. Smith’s business achievements and global philanthropic works have received recognition from numerous other entities. This includes Harvard’s W.E.B. Du Bois Award, the International Medical Corps’ Humanitarian of the Year Award, the Morehouse Candle Award in Business and Philanthropy, Ebony’s first John H. Johnson Award, the Jackie Robinson Foundation ROBIE Achievement in Industry Award, the Congressional Black Caucus Foundation Chair’s Award, the Reginald F. Lewis Achievement Award, the Humanitarian of the Year Award from the Robert Toigo Foundation, the Ripple of Hope Award from Robert F. Kennedy Human Rights, the Award of Excellence from the National Association of Investment Companies, the Pierre Toussaint Award from the Archdiocese of New York, the Columbia University BBSA Distinguished Alumni Award, and the Ron Brown Scholar Program American Journey Award, among others.
He is a major donor to the National Museum of African American History and Culture, at which he has established the Robert F. Smith Internship Program.
He is also the Chairman of Carnegie Hall and board member of Robert F. Kennedy Human Rights. He serves on the Board of Overseers of Columbia Business School and as a Trustee of the Boys and Girls Clubs of San Francisco.
B.S. in Chemical Engineering, Cornell University
MBA, Concentration in Finance and Marketing, Columbia Business School
More About Robert F. Smith
For details regarding registration for the AAAM2021 Conference, vendor and exhibition opportunities visit, www.blackmuseums.org
Interested in learning more about AAAM’s advances? The association invites all interested parties to view the 2020 Annual Report and the 2020 Conference Program listed below:
- AAAM 2020 Annual Report https://blackmuseums.org/docs/AAAM_Annual_Report_2020.pdf
- AAAM 2020 Conference Program https://blackmuseums.org/docs/2020_AAAM_Conference_booklet.pdf
Located in Washington, D.C., AAAM is a non-profit member organization established to support African and African American focused museums nationally and internationally and the professionals who protect, preserve and interpret African and African American art, history, and culture. Established as the single representative and principal voice of the African American museum movement, the Association seeks to strengthen and advocate for institutions and individuals’ interests committed to the preservation of African-derived cultures. AAAM’s services enhance those museums’ ability to serve the needs and interests of persons of African ancestry and those who wish to know more about the art, history, and culture of African-derived cultures.
For more information about the Association of African American Museums, visit www.blackmuseums.org