Foundation Establishes XULA PreMed Scholarship Fund with $125K Donation

The FBR Foundation has made a significant impact on the future of aspiring medical professionals by donating $125,000 to create the Fred Renwick Endowed Scholarship for PreMed Students at Xavier University of Louisiana. This generous endowment honors the legacy of Dr. Fred Blackwell Renwick, a distinguished educator and advocate for student success.

Honoring Dr. Fred Blackwell Renwick

Dr. Renwick, who passed away in 2014, had a notable career as a Professor Emeritus at New York University’s Leonard Stern School of Business, where he taught from 1965 until his retirement in 2001. A Morehouse College alumnus, he also held degrees from Harvard University and NYU and received an honorary Doctor of Humane Letters degree from Morehouse in 2007. His wealth of knowledge and experience spanned various fields, including defense and space exploration, alongside his prolific writing career.

In honoring Dr. Renwick’s parents’ aspirations for him to pursue medicine, the FBR Foundation established this scholarship fund to provide financial assistance to students enrolled in pre-medicine programs at Xavier University. The fund will specifically benefit juniors and seniors who have declared their intent to pursue medical school.

“We sincerely appreciate the financial support of the FBR Foundation to assist our premedical students in realizing their dreams of becoming physicians,” said Reynold Verret, President of Xavier University of Louisiana. ” It is beautiful that the foundation commits to our student success with this generous gift. We are indeed proud of our premedical program and its contribution to equitable healthcare throughout the decades.”

Support for Future Medical Professionals

Xavier University boasts a strong track record in preparing African American students for medical school. Over the past two decades, 803 Xavier graduates have earned medical degrees in the United States. A recent Association of American Medical Colleges report highlighted Xavier’s position as one of the leading institutions for producing African American physicians.

“The fact that so many students from Xavier continue on to medical school or become part of the healthcare system and work in the field of medicine is in line with our decision to support education opportunities in healthcare where African American physicians are underrepresented,” said Lynne Mueller, President of The FBR Foundation. “This Scholarship is an appropriate way to honor Dr. Renwick, who always had a great affinity for his students; we want to do our best to honor Fred’s legacy.”

The Fred Renwick Endowed Scholarship for PreMed Students will be awarded annually in the spring semester. The premedical office will select the recipient based on eligibility criteria.