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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Uwharrie   😊 😞
Number: of 15062 
Subject: Gottesman Gift to Einstein College of Medicine
Date: 02/26/2024 10:51 AM
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No. of Recommendations: 14
Ruth Gottesman, widow of Sandy Gottesman and former professor at Einstein College of Medicine gifts $1B of Berkshire stock to be used to make tuition free to medical school attendees.

https://www.nytimes.com/2024/02/26/nyregion/albert...

Uwharrie
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Author: newfydog   😊 😞
Number: of 15062 
Subject: Re: Gottesman Gift to Einstein College of Medicine
Date: 02/26/2024 8:11 PM
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No. of Recommendations: 11
The video of her announcement is impressive. The school costs 60k a year and many leave 200k in debt. The students erupted, cheering, hugging and crying. Ought to make Warren happy. https://www.tiktok.com/@abc7ny/video/7339991777320...
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Author: chk999   😊 😞
Number: of 15062 
Subject: Re: Gottesman Gift to Einstein College of Medicine
Date: 02/26/2024 10:16 PM
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So it looks like the tuition is $60k a year and about a thousand students, so about $60 million a year. If the shares grow at 6% a year on average, the endowment will last indefinitely.
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