A large donation has allowed Albert Einstein College of Medicine to offer free tuition.

Gottesman credits late husband for providing funds for record-breaking donation, made possible by investing in Berkshire Hathaway.

February 27th 2024.

A large donation has allowed Albert Einstein College of Medicine to offer free tuition.
The Albert Einstein College of Medicine has been making headlines after the generous donation of $1 billion from former professor and chair of the board of trustees, Dr. Ruth Gottesman. At 93 years old, Dr. Gottesman has made history with this incredible gift, providing the university with the means to offer free tuition to its students starting in August.

According to ABC News, this donation is one of the largest single donations to a university in the United States and the largest to a medical school. The university has also announced that as a condition of Dr. Gottesman's gift, the school will keep its current name. This news has sparked excitement and gratitude among the students at Albert Einstein College of Medicine.

Dr. Yaron Tomer, the Marilyn and Stanley Katz dean at the college, expressed his gratitude in a press release, stating that this gift is a radical transformation for the lives of its students. He believes that this donation will attract students who are truly passionate about the school's mission, rather than just those who can afford it. Furthermore, it will allow students to pursue projects and ideas that may have been out of reach before. This gift will have a lasting impact on the school's ability to produce compassionate and knowledgeable physicians.

In her statement, Dr. Gottesman thanked her late husband, David "Sandy" Gottesman, who made his fortune through early investments in billionaire Warren Buffet's firm, Berkshire Hathaway. She expressed her gratitude for being entrusted with the funds necessary to make such a monumental donation. Dr. Gottesman also highlighted the impact this gift will have on the students, who will now have the opportunity to receive a top-notch education without the burden of tuition costs.

Each year, over 100 students enter Albert Einstein College of Medicine in pursuit of their medical and science degrees. Thanks to Dr. Gottesman's generosity, these students will leave as highly skilled and compassionate healthcare professionals, equipped to make a positive impact in their communities. This historic donation will not only benefit the students but also the Bronx and the world as a whole.

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