Historic Gift to Ensure Free Tuition in Perpetuity for Medical School Students
In what is the largest donation made to any medical school in the nation, BCW Member Montefiore’s Albert Einstein College of Medicine announced this week a transformation gift from Ruth L. Gottesman, Ed.D., Chair of the Einstein Board of Trustees and Montefiore Health System board member. The historic gift, reported to be $1 billion, will ensure that no student at Einstein will have to pay tuition again.
Dr. Philip Ozuah, President and CEO of Montefiore Einstein, the umbrella organization for Albert Einstein College of Medicine and Montefiore Health System, made the announcement on Monday. “I am profoundly grateful to Dr. Gottesman for this historic and transformational gift. I believe we can change healthcare history when we recognize that access is the path to excellence. With this gift, Dr. Gottesman will fund excellence in perpetuity and secure our foundational mission of advancing human health,” said Dr. Ozuah.
This transformational gift is intended to attract a talented and diverse pool of individuals who may not otherwise have the means to pursue a medical education. It will enable generations of healthcare leaders who will advance the boundaries of research and care, free from the burden of crushing loan indebtedness.
With this donation, all current fourth-year students will be reimbursed their spring 2024 semester tuition and, effective beginning in August of this year, all students moving forward will receive free tuition at Albert Einstein College of Medicine.
“Each year, well over 100 students enter Albert Einstein College of Medicine in their quest for degrees in medicine and science. They leave as superbly trained scientists and compassionate and knowledgeable physicians, with the expertise to find new ways to prevent diseases and provide the finest health care to communities here in the Bronx and all over the world. I am very thankful to my late husband, Sandy, for leaving these funds in my care, and l feel blessed to be given the great privilege of making this gift to such a worthy cause,” said Dr. Gottesman.
Similar News Items
Westchester Innovation Network (WIN) participant Right Route recently achieved a new milestone at the New York Association for Pupil Transportation (NYAPT) conference in Albany. Following a successful local pilot program, the Ossining-based startup led by founder and CEO Sergio Alfonso participated for the first time as a vendor in the conference’s trade show. Previously involved […]
The Business Council of Westchester (The BCW), with support from Google.org, convened its inaugural AI Intensive program this week, bringing together a dynamic group of local small business leaders committed to understanding and integrating artificial intelligence into their operations. The session marked an important milestone as Cohort 1 officially comes to a close, capping off […]
The Business Council of Westchester (The BCW), the county’s largest business membership organization focusing on economic development and advocacy, supports the laudable goals of the Climate Leadership and Community Protection Act (CLCPA). However, the BCW believes that we need to prioritize initiatives that immediately reduce energy costs while making a more systematic transition to a […]
Become A Member
Join the county’s largest and most influential business organization today.
JOIN NOW!