Texas A&M University has announced the renaming of its College of Medicine to the Texas A&M University Naresh K. Vashisht College of Medicine in recognition of a historic gift donation from Indian American entrepreneur and alumnus Naresh K. Vashisht.
The Texas A&M University System Board of Regents approved the renaming following its November meeting, marking the largest endowment in the college’s history.
The donation is set to support scholarships, expand medical research, and improve healthcare access in rural and underserved communities across Texas. Vashisht’s contribution aligns with the university’s ongoing mission to address public health challenges, particularly in areas where healthcare services are limited.
“Mr. Vashisht’s generous gift ensures that we can expand upon our land-grant mission by educating Aggie doctors, discovering new knowledge, and supporting our rural and underserved communities”, said Texas A&M president general (ret.) Mark A. Welsh III.
A 1972 graduate and Arlington-based entrepreneur, Vashisht’s career in the oil, gas, and fertilizer industries spans multiple countries, including the United States, Canada, and Colombia. The founder of Omimex Resources Inc., he has previously directed philanthropic efforts toward educational and healthcare programs in India, Colombia, and the U.S.
The donation will provide full-tuition scholarships for medical students and fund programs designed to enhance student success and research, particularly in underserved areas. It will also will also expand Texas A&M’s Rural Medicine Program, focused on training doctors to practice in rural parts of Texas.
“This contribution allows us to offer more scholarships, making our college accessible to more applicants, particularly from rural or underserved areas,” said Dr. Amy Waer, dean of the newly named Naresh K. Vashisht College of Medicine.
In addition to Texas A&M, Vashisht has supported educational institutions and healthcare programs, including initiatives for Pre-K centers and children’s health services in the U.S.
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