Gerstner Philanthropies focuses on biomedical research, educational opportunities, and assistance for people who have suffered a temporary setback and could use a “helping hand” to restore their equilibrium.

Our Biomedical Research funding falls into two categories:

  • Supporting important genomic research that could lead to breakthroughs in clinical practice
  • Enabling talented young scientists to pursue a career in research

Our Education work supports students who have talent and determination but whose opportunity to excel is limited because of their economic circumstances.

Our Helping Hands program provides assistance for people experiencing an unforeseen emergency through one-time cash grants.

In addition, we make a small number of grants related to or outside of these areas of focus.

News


  • Memorial Sloan Kettering Cancer Center Announces New Early-Career Physician Research Program in Cancer Science
    September 29, 2021

    Memorial Sloan Kettering Cancer Center (MSK) today announced a $25 million gift from Louis V. Gerstner, Jr. to create the Louis V. Gerstner, Jr. Physician Scholars Program. Designed to support the innovative research of physician-scientists who are early in their career at MSK, the Gerstner Physician Scholars Program will advance promising scientific research and further the careers of outstanding junior faculty. “Recruiting and retaining the next generation of physician-scientists in cancer research is one of our most urgent priorities,” said Lisa M. DeAngelis, MD, MSK’s Physician-In-Chief. “We are grateful for Louis V. Gerstner, Jr.’s generous donation and continued commitment to education that will help MSK attract, support and champion talented early-career physician-scientists who will make discoveries and pursue the increasingly complex questions posed by cancer science.” Each year, a group of MSK physician-scientists will be named Gerstner Physician Scholars and receive the resources needed to validate their emerging research concepts and translate these concepts into clinical applications. The program will support early career lab-based physician-scientists, a subset of physicians who are uniquely positioned to blend clinical care with laboratory research. The chosen Scholars will be eligible to receive funding of up to $150,000 per year for three years to advance their work, recruit talented junior lab members and develop preliminary data in ambitious projects that can provide the basis for applications to other outside sources for further funding.

    Read more at mskcc.org
  • 2021 Gerstner Sloan Kettering Chairman’s Prize Honors Research That Paves Way for New Cell-Based Therapies to Treat Autoimmune Diseases and Inflammation
    September 23, 2021

    Zhongmin Wang, a fifth-year doctoral student in the Gerstner Sloan Kettering Graduate School of Biomedical Sciences (GSK), has been awarded the 2021 Chairman’s Prize. The competitive award is presented annually and was established by GSK’s Board of Trustees Chair Louis V. Gerstner, Jr. for whom the school is named. This year’s Chairman’s Prize, in the amount of $2,000, shines a light on Mr. Wang’s winning submission, which was published last month in Nature Immunology. Mr. Wang and his coauthors specifically designed mouse models for the project, which demonstrated that regulatory T (Treg) cells are fully functional under conditions of established inflammation and are capable of reversing, in addition to preventing, fatal autoimmunity. The results pave the way for the development of Treg cell-based therapies for a broad spectrum of autoimmune diseases and inflammatory disorders that raise the risk of cancer. “I am honored that the prize committee recognized the outstanding quality and potential impact of this research,” says Mr. Wang, who is conducting his dissertation studies in the laboratory of his thesis mentor, Alexander Rudensky, Chair of the Immunology Program at Memorial Sloan Kettering and senior author of the study.

    Read more at mskcc.org
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Reflections on Helping Hands


Lou Gerstner shares the origin of and his vision for the emergency grants program, lessons learned over the past decade, and his belief in the critical importance of the work.

Watch the video