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Posts tagged as “Robert Smith”

Billionaire Robert F. Smith Partners with Prostate Cancer Foundation to Address Racial Disparities and Reduce Deaths from Disease

Billionaire Robert F. Smith Partners with Prostate Cancer Foundation to Address Racial Disparities and Reduce Deaths from Disease

By goodblacknews on July 27, 2020

Robert F. Smith, founder, chairman and CEO of Vista Equity Partners and The Prostate Cancer Foundation (PCF) have announced a new effort to reduce deaths from prostate cancer, one of the largest health disparities facing African-American men today.

Prostate cancer affects more than three million men in the U.S., with one in nine men diagnosed with prostate cancer in his lifetime. African-American men are disproportionately impacted, 76 percent more likely to develop prostate cancer than Caucasian men.

African-American men additionally are more than twice as likely to die from the disease compared to men of other ethnicities. Earlier, strategic detection is a key step in finding a cure and ending the health disparity faced by men of African descent.

The research Smith is supporting is intended for development of the Smith Polygenic Risk Test for Prostate Cancer, a non-invasive, early detection test that will identify a man’s lifetime prostate cancer risk using a combination of more than 250 genetic variants obtained from a single sample of saliva or blood.

The Smith Test is expected to cost less than $90 USD and will be made available in PCF’s dedicated Veterans Affairs (VA) network of Centers of Excellence, including the Robert Frederick Smith Center of Precision Oncology Excellence at the VA Chicago.

The test is part of a larger PCF research initiative to improve the understanding of genetic risk in African-American men and transform early detection and imaging strategies, risk management, and clinical-decision making by men at highest lifetime risk of prostate cancer.

RELATED: Billionaire Robert F. Smith Launches Student Freedom Initiative to Ease Student Debt at Historically Black Colleges

The research, led by Dr. Chris Haiman, ScD, a genetic epidemiologist at the University of Southern California, and international colleagues is aimed at accelerating the reduction of prostate cancer disparities for African American men by 2030.

“As African-American men are at an increased risk for being diagnosed or dying from prostate cancer, understanding their risk profile and applying this knowledge earlier with strategic detection, care, and decisions about cancer risk management is of utmost importance to address health inequity in the U.S.,” said Smith.

“This is why I made a personal commitment to help accelerate research, encourage African American men to participate in the study and subsequent testing, and develop new detection strategies that have the power to transform how we diagnose and treat this disease and help save lives.”

Most genomic studies of prostate cancer have focused on men of European ancestry, and there is a vital need for additional resources to develop and optimize a polygenic risk score in those disproportionately affected.

This new Smith-PCF initiative will increase the representation of African American men in the study and vastly expand the research to allow Dr. Haiman to quadruple the size of his study cohort, a key step to providing worldwide access to the Smith Polygenic Risk Test as soon as possible.

About the Prostate Cancer Foundation
The Prostate Cancer Foundation (PCF) is the world’s leading philanthropic organization dedicated to funding life-saving cancer research. Founded in 1993 by Mike Milken, PCF has raised more than $830 million in support of cutting-edge research by more than 2,200 research projects at 220 leading cancer centers in 22 countries around the world. Thanks in part to PCF’s commitment to ending death and suffering from prostate cancer, the death rate is down by 52% and countless more men are alive today as a result. The Prostate Cancer Foundation research now impacts more than 70 forms of human cancer by focusing on immunotherapy, the microbiome, and food as medicine. Learn more at www.pcf.org.

Oprah Winfrey Donates $13 million to Morehouse College

By goodblacknews on October 8, 2019
Oprah Winfrey at Morehouse (photo via twitter.com)

According to cnn.com, Oprah Winfrey now has the largest endowment ever at all-male HBCU Morehouse College in Atlanta after donating $13 million.

Winfrey visited Morehouse on Monday for the 30th anniversary of the Oprah Winfrey Scholars Program, the release said. The program started in 1989 and the fund stands at $12 million. Monday’s donation of $13 million pushed her total investment to $25 million.

“Seeing you young Oprah Winfrey scholars here today has moved me deeply,” Winfrey said Monday before announcing her donation. “I am so proud of you, I’m proud of everybody in attendance at this school who is seeking to know more clearly who you are, the value you hold and how you will share that value with the rest of the world.”

Winfrey’s donation comes after billionaire Robert Smith promised to pay off the student loan debt of the 2019 Morehouse graduates in May. Smith donated $34 million to the school last month, making good on his promise.

“I’m grateful to Oprah Winfrey for her generosity,” said Morehouse President David A. Thomas. “I am also feeling hopeful for Morehouse and what it has garnered in terms of philanthropic support with gifts like Oprah’s and Robert Smith’s. I am hopeful that this will also get others to step up with their support of Morehouse, but even more broadly, historically black colleges and universities.”

To read more: https://www.cnn.com/2019/10/07/us/oprah-winfrey-morehouse-donation-trnd/index.html

Quiet Billionaire Robert Smith Makes Some Noise with $20 Million Gift to National African American Museum

By goodblacknews on September 28, 2016
Billionaire philanthropist Robert Smith is the second-highest private donor — at $20 million — to the new National Museum of African American History and Culture. Oprah Winfrey beat him by $1 million. (Ricky Carioti/The Washington Post)
article by Keith L. Alexander via washingtonpost.com

In 2013, when the founders of the Smithsonian’s National Museum of African American History and Culture were seeking donors, people directed them to one man: Robert F. Smith.

“We kept wondering, ‘Who is this Robert Smith?’ ” said Adrienne Brooks, director of development for the museum. Meeting Smith became a priority, said Lonnie G. Bunch III, the museum’s founding director. “We wanted to meet him. And soon,” Bunch said, laughing.
Soon many more people will know Robert Smith by name as the museum celebrates its grand opening this weekend. The private-equity financier was the museum’s second-biggest private donor, with a $20 million gift. Oprah Winfrey was No. 1, with $21 million.
Smith has built a fortune that’s made him one of the nation’s richest men — worth $2.5 billion, according to Forbes — but until now he has kept his work and philanthropy relatively quiet.
Even the website of his company, Vista Equity Partners, does not have a picture of him. Better, he had thought, that investors and executives know him first by his abilities. If they saw only the caramel skin of an African American, he might lose out on opportunities.
As Vista’s chairman and chief executive, he is in the business of buying, growing and selling off software companies. Vista’s portfolio has 35 companies with $26 billion in assets under management. He is the majority shareholder of Vista’s management company.
Beyond Wall Street and Silicon Valley, Smith long enjoyed moving in relative obscurity. That changed last fall when Forbes magazine put him on its cover, with an article for which he declined to be interviewed.
Now in an exclusive interview with The Washington Post, he’s ready to talk about his life’s work and the powerful social force that has pulled him out of the shadows: the racial tension escalating across the nation. Smith said he grew fearful that the very fabric of the country that allowed his parents to earn doctorate degrees and him to build a successful business is vulnerable.
Watching TV news, he saw the unrest in Ferguson, Mo., after the 2014 fatal shooting of an unarmed black youth, Michael Brown, by police. Last year he watched the turmoil following Freddie Gray’s funeral in Baltimore. Across the land, he feared, a sense of opportunity is giving way to rising hopelessness and despair.
“The vision I was sold as a kid is unraveling. I see the little tears in the fabric of society every day. This cannot be,” Smith said in the interview.

[A peek inside the National Mall’s latest edition: Tour the museum]

His philanthropic efforts go back years. Through the Fund II Foundation, of which he is the founding president, he has supported nonprofit groups that focus on African American culture, human rights, music education and the environment.
It was time to emerge, he thought, and do more. “We have to do something,” he said. “We have to do something for our community.”
To read full article, go to: https://www.washingtonpost.com/national/who-is-this-robert-smith-a-quiet-billionaire-makes-some-noise-with-20-million-gift-to-the-african-american-museum/2016/09/23/547da3a8-6fd0-11e6-8365-b19e428a975e_story.html

Federal Court Awards Robert Smith $2.4M for Enduring Five Years of Racial, Sexual Harassment from Co-Workers

By goodblacknews on December 30, 2015

Rosebud Farms (photo via eurweb.com)
Rosebud Farms (photo via eurweb.com)

A Chicago federal court has awarded Robert Smith more than $2.4 million in damages for enduring five years of humiliating sexual and racial harassment at a South Side grocery store.
The Cook County Record stated that Rosebud Farm Stand was ordered to pay Smith more than $800,000 in compensatory damages and $1.6 million in punitive damages for racial and sexual harassment. Smith also named two supervisors, general manager Carlos Castaneda and assistant manager Rocky Mendoza, in the lawsuit. They were both ordered to pay damages.
Smith, who is African-American, worked as a butcher at the grocery store, claims he was subjected to abuse from his Latino co-workers. Smith said that his co-workers harassed him by grabbing his genitals, fondling his buttocks and simulating homoerotic acts.
However, the harassment was not only sexual. Smith’s attorney Joseph Longo, of Longo & Associates, said his co-workers also called him a “monkey” and told him to “go back to Africa.”
Smith filed a complaint with the Equal Employment Opportunity Commission (EEOC) in 2008, but the harassment turned violent. The Cook County Record said Smith alleged his co-workers made threatening gestures towards him and also vandalized his car. The harassment got so bad that Smith eventually quit.
Smith decided to file a lawsuit requesting unspecified damages in 2011.
Longo said other Black employees at the grocery store were also subject to harassment, but declined to come forward. He said victims of racial and sexual harassment have to report the incidents, so they can be addressed in a court of law.
“Unless people file a lawsuit or take action, harassers will continue to create a hostile working environment and harass,” Longo said in an emailed statement following the verdict. “We need more people like Mr. Smith to take a stand and fight for what is right. The jury agreed that what Rosebud did to Mr. Smith was wrong.”
Longo told The Chicago Daily Law Bulletin that Smith’s employer failed to provide a safe work environment. Eight jurors agreed with Longo’s argument.
“I think the jury wanted to send a message,” Longo said. “When you go to work, you don’t surrender your body.”
article by Manny Otiko via atlanticblackstar.com