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Ruth Gottesman

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philanthropy1 year ago

"Generous Billion-Dollar Donation Makes Medical School Tuition-Free"

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.

via The New York Times|
#albert-einstein-college-of-medicine#charitable-giving#medical-school
philanthropy1 year ago

"Generous $1 Billion Donation Makes Tuition Free at Bronx Medical School"

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.

via Inc.|
#albert-einstein-college-of-medicine#dollar1-billion-donation#philanthropy
philanthropy1 year ago

"Widow's $1 Billion Donation Provides Free Tuition for Bronx Medical Students"

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.

via Yahoo Finance|
#albert-einstein-college-of-medicine#berkshire-hathaway-stock#donation
education1 year ago

"Former Professor's $1 Billion Gift Makes NYC Medical School Tuition-Free"

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.

via NBC News|
#albert-einstein-college-of-medicine#donation#education
education1 year ago

"Generous $1 Billion Gift Makes Albert Einstein College of Medicine Tuition-Free"

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.

via NPR|
#albert-einstein-college-of-medicine#dollar1-billion-donation#education
education1 year ago

"Generous $1 Billion Donation Makes Bronx Medical School Tuition-Free"

The Albert Einstein College of Medicine in the Bronx received a historic $1 billion donation from Ruth Gottesman, making it the largest gift to any medical school in the country. As a result, the school will no longer charge tuition, allowing students from diverse backgrounds to pursue medical education without the burden of crushing loan indebtedness. The donation aims to make medical education accessible to those who may not afford tuition and is expected to significantly impact the school's admissions process.

via The Washington Post|
#bronx#donation#education
education1 year ago

"Albert Einstein College of Medicine Announces Free Tuition After $1 Billion Donation"

Albert Einstein College of Medicine in New York City will offer students free tuition after receiving a $1 billion donation from Dr. Ruth Gottesman, the 93-year-old widow of a major Wall Street investor. This is one of the largest donations ever made to a US school and the largest to a medical school. The gift will reimburse current students for their spring 2024 tuition and provide free tuition for all students starting in August. Dr. Gottesman's late husband, David Gottesman, left her a portfolio of Berkshire Hathaway stock with the instructions to "do whatever you think is right with it," leading her to fund students at Einstein with free tuition.

via BBC.com|
#donation#education#medical-school
philanthropy1 year ago

"Wall Street Widow's $1 Billion Donation Ensures Free Tuition at Bronx Medical 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.

via Business Insider|
#albert-einstein-college-of-medicine#donation#medical-school
education1 year ago

"Bronx Medical School Receives $1 Billion Donation for Free Tuition Program"

Dr. Ruth Gottesman, a former professor at the Albert Einstein College of Medicine, has donated $1 billion to the Bronx medical school, with instructions to cover tuition for all students going forward. This donation, one of the largest to an educational institution in the United States, is notable not only for its size but also because it is going to a medical institution in the Bronx, the city’s poorest borough. The fortune came from her late husband, David Gottesman, a protégé of Warren Buffett. The donation aims to address the high rate of premature deaths and poor health in the Bronx, and is a significant contribution to the field of medical education.

via The New York Times|
#bronx#donation#education