business by starting a private equity firm that invests in technology companies. Smith and Baker both started their Wall Street careers in 1994 in the mergers and acquisitions group of Goldman Sachs.
“Robert was fortunate enough to go to Cornell and Columbia and him giving to Morehouse was a nod to the recognition that the majority of African-Americans going to college are graduating from historically black institutions,” said Baker, who graduated from the University of Chicago, in an interview. “We need to make sure these schools continue to be viable. We are all part of the same community. It doesn’t matter if I went to the school or not.”
Frank and his wife Laura Day Baker, an accomplished interior designer and philanthropist, live in New York City and are married with three children. Their oldest is a twelve-year-old girl, which makes this gift even more meaningful.
Thank you Mr. Baker for literally investing in the future.