Fred Smith boarding a FedEx cargo plane

Photo of Fred Smith by Annie Leibovitz in 2023 to commemorate FedEx’s 50th Anniversary

In Memoriam: Celebrating the Legacy of Fred Smith ’66, CEO and Founder of FedEx and Champion of Carbon Capture Research at Yale

Frederick W. “Fred” Smith ’66, the founder and long-time chair of the FedEx Corporation, passed away on June 21, 2025. Smith is remembered as a passionate supporter of Yale and as the champion of a groundbreaking partnership with FedEx that established the Yale Center for Natural Carbon Capture (YCNCC).

The Center is how I’ll remember Fred on an institutional level, but I was deeply fond of him personally. Throughout my interactions with Fred, I was tremendously inspired by the leadership lessons he embodied so well. Kindness and generosity were always at the forefront.”

Indy Burke Carl W. Knobloch, Jr. Dean of the Yale School of the Environment

Launched in 2021 with a transformative gift from FedEx, YCNCC aims to mitigate climate change by leveraging natural processes that remove excess carbon from the atmosphere and offer meaningful social and ecological co-benefits. The Center builds on Smith’s passion for scientific research and his vision for collaboration between researchers and the aviation industry. Today, YCNCC supports dozens of researchers across three major areas of focus that span departments and schools at Yale to mitigate climate change—a mission that continues to expand with a laser focus on catalyzing real-world impact at scale.

“Fred Smith’s enthusiasm for the Yale Center for Natural Carbon Capture was infectious,” said Indy Burke, the Carl W. Knobloch, Jr. Dean of the Yale School of the Environment. “He understood how much CO2 the aviation industry produces, and that a multi-pronged approach utilizing a variety of natural solutions strategies would be needed to offset the harmful effects in a timely manner. Thanks to his vision and the support of others at FedEx, YCNCC’s dream team of researchers is now a reality.” 

Read the full story on the YCNCC website