"Generous Billion-Dollar Donation Makes Medical School Tuition-Free"

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Source: The New York Times
"Generous Billion-Dollar Donation Makes Medical School Tuition-Free"
Photo: The New York Times
TL;DR

Ruth Gottesman's $1 billion gift to the Albert Einstein College of Medicine in the Bronx has garnered attention not only for its size but also for the humility of the philanthropist, who does not seek to have the school renamed in her honor. In contrast to the trend of extravagant philanthropy driven by ego and social influence, Gottesman's quiet fortune, made by her husband, stands out. The gift comes at a time when charitable giving to colleges and universities is on the rise, but the humility and lack of vanity surrounding the Gottesman donation have been particularly noteworthy in the current landscape of philanthropy.

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