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FABF Foundation Awards Inaugural Fintech Innovation Scholarship to Luke Freed of Florida

The nonprofit organization awards outstanding students interested in advancing the world of financial technology by pursuing a degree in the related field, with Luke Freed joining this year's roster of high-potential scholarship winners


MIAMI, Dec. 11, 2023 /PRNewswire/ -- Louis Hernandez Jr.'s Foundation For A Bright Future ("For A Bright Future") ("FABF"), a 501(c)(3) nonprofit organization dedicated to supporting the needs of underrepresented and underprivileged children through education, healthcare, the arts, and youth leaThe charitable organization was founded by Louis Hernandez, Jr., CEO of Black Dragon Capital℠, a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities. Committed to illuminating the path toward success, For A Bright Future provides scholarships with an emphasis on STEAM (Science, Technology, Engineering, the Arts, and Mathematics), financial technology, healthcare, and education. These opportunities are especially tailored to uplift students from underserved demographics, including those from single-parent households and families with military backgrounds. 


"We established the Fintech Innovation Scholarship recognizing that the the industry is at a pivotal point and related careers are not only in high demand but also possess the potential to significantly influence various communities. In the face of rapid advancement, Fintech requires exceptional talents ready to fuel its evolution. It brings us immense joy to award this scholarship to a promising student such as Luke Freed, and we look forward to seeing his success in the years to come," said Louis Hernandez, Jr., Founder and Chairman of the Board, For A Bright Future Foundation.dership development, awarded its Fintech Innovation Scholarship to Luke Freed, 18, of Florida.


The charitable organization was founded by Louis Hernandez, Jr., CEO of Black Dragon Capital℠, a multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities. Committed to illuminating the path toward success, For A Bright Future provides scholarships with an emphasis on STEAM (Science, Technology, Engineering, the Arts, and Mathematics), financial technology, healthcare, and education. These opportunities are especially tailored to uplift students from underserved demographics, including those from single-parent households and families with military backgrounds. 


"We established the Fintech Innovation Scholarship recognizing that the the industry is at a pivotal point and related careers are not only in high demand but also possess the potential to significantly influence various communities. In the face of rapid advancement, Fintech requires exceptional talents ready to fuel its evolution. It brings us immense joy to award this scholarship to a promising student such as Luke Freed, and we look forward to seeing his success in the years to come," said Louis Hernandez, Jr., Founder and Chairman of the Board, For A Bright Future Foundation.


Luke Freed is attending the American Heritage School (Broward County, FL) and will pursue a degree in finance and public policy at Columbia University upon graduating. His family was deeply affected by the financial crisis of 2008 – an experience that made him realize how financial literacy can empower and change people's lives. Inspired by his own struggles, Freed went on to establish the Financial Education Initiative (FEI), a nonprofit organization that works with policymakers in passing legislation for financial literacy in public high schools. Currently, FEI works with over 20 international organizations to craft a comprehensive personal finance curriculum for schools that delves into practical topics such as taxes.



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