Skip to Content
Author: The BCW

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

BCW Member KeyBank has announced its newest branch, located at 1 North Main Street, Port Chester in the Port & Main building. The new 3,975 square-foot full-service branch will provide clients with a full range of financial products and services, including personal and business banking, investment solutions, and mortgage lending. The facility will include state-of-the-art […]

Read Article

Jack A. Martinelli has been awarded the BCW’s prestigious Ambassador of the Year Award. The award was presented at the BCW’s Annual New Year Blast held on January 9 at the Surf Club in New Rochelle. Martinelli is the Director of Business Development for 914 INC Magazine. Also known as The Business Magazine of Westchester, 914 INC […]

Read Article

A new real estate report authored by RM Friedland reveals the explosive growth of housing in Westchester County since 2021, with about 12,500 new residential units delivered and another 15,000 units under construction. Representatives from RM Friedland delivered their findings on Tuesday in White Plains at the Business Council of Westchester’s and the Fordham Real […]

Read Article

Become A Member

Join the county’s largest and most influential business organization today.

JOIN NOW!
The Business Council of Westchester is committed to helping businesses market, learn, advocate, and grow. Over 80 events and programs are offered every year, giving our members ample opportunity to connect and meet with businesses representatives in the Westchester community and beyond.
Back to top