Massive $1 billion donation to NYC’s Albert Einstein College of Medicine will provide free tuition
February 27, 2024
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1:27Now PlayingMassive $1 billion donation to NYC’s Albert Einstein College of Medicine will provide free tuition
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as posted by the channelThe Albert Einstein College of Medicine in the Bronx received a staggering $1 billion donation from a retired professor and will offer free tuition to all of its medical students going forward, the school revealed Monday.
The historic contribution from Dr. Ruth Gottesman was believed to be one of the largest made to any medical school in the country. The 93-year-old Gottesman stipulated that her largesse be used to cover tuition for all current and future students at the school in the Big Apple’s poorest borough.
Gottesman, a longtime former professor at the Bronx school, was able to provide the generous donation through the fortune of her late husband, David “Sandy” Gottesman — a Wall Street powerhouse and early investor in Warren Buffet’s financial holdings company Berkshire Hathaway.
“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,” Gottesman said in a statement.
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