David Bruce Smith and the Smith Family Foundation donated $10 million to the University of Maryland, including $5 million for the Smith School. The gift funds endowed faculty positions, AI curriculum integration, innovative student programs, experiential learning opportunities and business research initiatives.

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.

A new $10 million gift from the Robert H. Smith Family Foundation will support MBA scholarships, undergraduate leadership programs and facility enhancements for the Smith School. The gift, announced in September 2015, will also continue to fund the school's Center for Social Value Creation.

COLLEGE PARK, Md. – The University of Maryland announced today a gift of $10 million from the Robert H. Smith Family Foundation to support MBA scholarships, undergraduate leadership programs and facility enhancements for the Robert H. Smith School of Business. The gift will also continue to fund the school's Center for Social Value Creation.