In a landmark act of philanthropy, Dr. Ruth Gottesman, a 93-year-old educator and philanthropist, has donated $1 billion to the Albert Einstein College of Medicine in the Bronx, New York. This unprecedented gift ensures that all current and future students at the institution will receive free tuition in perpetuity, marking the largest donation ever made to a medical school in the United States.
Dr. Gottesman, a longtime faculty member and chair of the board of trustees at Einstein, made this transformative donation following the death of her husband, David “Sandy” Gottesman, in 2022. David Gottesman, an early investor in Warren Buffett’s Berkshire Hathaway, left behind a substantial portfolio of stock with the simple instruction to his wife: “Do whatever you think is right with it.” Upon discovering the magnitude of the inheritance, Dr. Gottesman chose to invest it in a cause close to her heart—medical education.
The Albert Einstein College of Medicine, located in the Bronx—New York City’s poorest borough—has long been committed to serving underserved communities and promoting health equity. Tuition at the college exceeds $59,000 annually, often leaving graduates with significant debt. Dr. Gottesman’s donation aims to alleviate this financial burden, enabling students to pursue their medical careers without the weight of tuition debt. The gift will reimburse current fourth-year students for their spring 2024 tuition and provide free education for all students starting in August 2024.
Dr. Gottesman’s association with Einstein spans decades. She began her career at the college in 1968, developing programs for individuals with learning disabilities and founding the Adult Literacy Program. Her dedication to education and community service has been a hallmark of her career. In a statement, she expressed her hope that the donation would “open up” medical education to students who might not have considered it due to financial constraints.
The impact of this donation extends beyond individual students. By removing financial barriers, the college anticipates attracting a more diverse student body, including those from underrepresented communities. This aligns with broader efforts to diversify the medical profession and address healthcare disparities. Dr. Yaron Tomer, dean of the college, emphasized that the gift “radically revolutionizes our ability to continue attracting students who are committed to our mission, not just those who can afford it.”
Notably, Dr. Gottesman requested that the college retain its name, honoring the legacy of Albert Einstein. She declined any naming rights or personal recognition, underscoring the altruistic nature of her gift. Her decision reflects a commitment to the institution’s mission and a desire to inspire others through action rather than accolades.
This extraordinary act of generosity sets a new standard for philanthropy in education. It not only transforms the lives of countless medical students but also serves as a powerful example of how individual generosity can effect systemic change. Dr. Gottesman’s donation will have a lasting impact on the medical community, the Bronx, and the countless patients who will benefit from the care of Einstein-trained physicians.
