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


  • November Announcements and Updates on United Neighborhood Houses

    November 17, 2021

    Learn more about UNH's accomplishments, their work with settlement houses throughout New York, as well as other helpful links/resources. They recently won the Eisner Prize for intergenerational work empowering older people and positioning them as community builders and change agents. They are working on showing the difference older adults can make in the lives of young people and their entire community. In addition, thanks to Gerstner philanthropies, UNH provided more than $1 million to settlement houses for their emergency cash assistance programs. They continue to support settlement houses as the reverberations of the COVID pandemic are felt. You can read several stories about the direct and meaningful impact this money has on families.

    Link to the online version
  • 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
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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