David Bruce Smith has pledged $10 million through the Robert H. and Clarice R. Smith Family Foundation to support business education and the arts at the University of Maryland. The gift establishes new faculty positions at the Smith School and enhances programming at The Clarice, continuing the family's longstanding philanthropic legacy.

More than 300 alumni and friends gathered for the Smith School Silver Jubilee Grand Gala on Friday, Oct. 27, to celebrate the legacy of Robert H. Smith ’50, whose investment 25 years ago changed the school’s name and its course.  Reflecting on the impact of the transformative gift, Dean Prabhudev Konana spoke about Mr. Smith’s legacy, “his foresight, his big ideas and his laser focus on excellence.”