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


  • 70% of Americans say they are struggling financially
    November 15, 2019

    Many Americans remain in precarious financial shape even as the economy continues to grow, with 7 of 10 saying they struggling with at least one aspect of financial stability, such as paying bills or saving money. The findings come from a survey of more than 5,400 Americans from the Financial Health Network, a nonprofit financial services consultancy. The project, which started a year ago, is aimed at assessing people's financial health by asking about debt, savings, bills and wages, among other issues. Despite solid U.S. economic growth this year, the share of Americans who are struggling financially remains statistically unchanged from a year ago, said Rob Levy, vice president of research and measurement with Financial Health Network.

    Read more at cbsnews.com
  • Report: How New York City Can Increase Housing Stability for Survivors of Domestic Violence
    October 23, 2019

    Domestic violence accounted for more than 40 percent of the family population entering Department of Homeless Services (DHS) shelters in Fiscal Year 2018 – by far the single largest cause of homelessness for people entering the system. The growing number of survivors in DHS shelters is even more stunning when one considers that the City’s Human Resources Administration (HRA) runs an entirely separate shelter system geared explicitly toward domestic violence survivors that, with more than 2,500 beds, is already the largest such system in the nation. Nevertheless, despite this vast physical safety net, there is considerably more the City could be doing to help survivors build strong, independent lives and obtain permanent housing, as other cities already are. This report, by New York City Comptroller Scott M. Stringer, analyzes New York City Department of Social Services’ (DSS) data from July 2013 through June 2018 (Fiscal Years 2014-2018) and assesses existing policies and services to better understand the dynamics within the shelter system, the scope of domestic violence as a driver of housing instability, and identify potential gaps in State- and City-funded services. The result is the most comprehensive look to date of survivors who utilize residential services in New York City.

    Read more at comptroller.nyc.gov
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