Ruth Gottesman's $1 billion gift to the Albert Einstein College of Medicine in the Bronx has garnered attention not only for its size but also for the humility of the philanthropist, who does not seek to have the school renamed in her honor. In contrast to the trend of extravagant philanthropy driven by ego and social influence, Gottesman's quiet fortune, made by her husband, stands out. The gift comes at a time when charitable giving to colleges and universities is on the rise, but the humility and lack of vanity surrounding the Gottesman donation have been particularly noteworthy in the current landscape of philanthropy.
Ruth Gottesman, widow of investor David Gottesman, donated $1 billion to Albert Einstein College of Medicine to make tuition free, ensuring no student graduates with debt. The donation comes with a surprising catch - she insisted the school not change its name, going against the norm of having buildings named after donors. Gottesman's selfless act reflects the importance of being generous and making a difference in the lives of others without seeking recognition.
Students at Albert Einstein College of Medicine in New York were ecstatic after a philanthropist donated $1 billion to eliminate tuition fees for those studying medicine at the school. This move has relieved students of significant debt, allowing them to pursue their career goals without financial constraints. The announcement has sparked hope for a more diverse student body and a greater focus on serving underserved communities in medicine.
Ruth Gottesman, widow of a Berkshire Hathaway stockholder, has donated $1 billion of stock to the Albert Einstein College of Medicine, ensuring free tuition for students in perpetuity. The donation, which came as a surprise to Gottesman, aims to alleviate the financial burden on medical students and attract a more diverse pool of applicants. Gottesman's generous gift will cover current students' tuition and provide future students with the opportunity to pursue projects and ideas without financial constraints.
Ruth Gottesman, a former professor and widow of a Wall Street investor, has donated $1 billion to the Albert Einstein College of Medicine in New York City, making it tuition-free for all students. The gift aims to attract a diverse pool of applicants and alleviate the burden of medical school debt, which averages over $200,000 in the U.S. This donation is believed to be the largest made to any medical school in the country and follows a similar initiative by New York University School of Medicine in 2018.
Dr. Ruth Gottesman has made a historic $1 billion donation to the Albert Einstein College of Medicine, ensuring that students will no longer have to pay tuition. The donation, made in honor of her late husband, will reimburse fourth-year students for the spring 2024 semester and provide free tuition "in perpetuity" starting in August. This generous gift aims to attract students committed to the school's mission and enable them to pursue projects and ideas without financial constraints.
Dr. Ruth Gottesman, 93, donated a historic $1 billion to NYC's Albert Einstein College of Medicine, ensuring free tuition for all current and future medical students. The donation, one of the largest to any medical school in the US, will cover tuition for students in the Bronx's poorest borough and has an immediate effect on current fourth-year students. Gottesman's late husband, a Wall Street powerhouse, enabled this generous contribution, and she has a long history of philanthropy and involvement with the school.
Ruth Gottesman, widow of an early investor in Berkshire Hathaway, has donated $1 billion in stock to the Albert Einstein College of Medicine, ensuring free tuition for students in perpetuity. The donation will cover current fourth-year students' tuition and future students beginning in August. Gottesman's goal is to attract a more diverse pool of applicants and alleviate the burden of student debt, revolutionizing the school's ability to attract mission-driven students and enabling them to pursue projects and ideas that might otherwise be prohibitive.
