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.


  • Diocese of Palm Beach Awarded $1.68 Million Grant from Gerstner Philanthropies to Support Scholarship Program
    August 3, 2022

    Gerstner Philanthropies has awarded the Diocese of Palm Beach a grant of $1.68 million over the next seven years to continue the Louis V. Gerstner, Jr. Distinguished Scholars Program at the three diocesan high schools: Cardinal Newman High School (West Palm Beach), John Carroll High School (Fort Pierce) and St. John Paul II Academy (Boca Raton). Bishop Gerald M. Barbarito expressed his appreciation for the gift by saying, “The Diocese of Palm Beach is grateful to Mr. Lou Gerstner and the Gerstner Family Foundation for their continued support of academic excellence in our three Catholic high schools. These scholarships assist families with outstanding students, who have financial need, to be able to attend our Catholic high schools. I know that these families appreciate this wonderful opportunity offered to their children.”

    Read More At NCEA Momentum Magazine
  • MSK Announces The 2022 Louis V. Gerstner, Jr. Physician Scholars

    Memorial Sloan Kettering announced their first cohort of the Louis V. Gerstner Jr. Physician Scholars Program on Monday. In 2021, the Louis V. Gerstner, Jr. Physician Scholars Program was established at MSK to support the translational science initiatives of talented early-career physician-scientists across multiple specialties. Mr. Gerstner’s generosity and continued dedication to the education and training of future leaders in cancer care make this farsighted opportunity possible. Through this highly competitive program, top-tier physician-scientists will be provided with a level of support that is otherwise difficult to obtain this early in their careers. The scope of innovation and excellence achieved at MSK depends on the work of a diverse scientific and clinical community of investigators, including these four promising physician-scientists, who were carefully selected for the inaugural class of Gerstner Physician Scholars: Susan De Wolf, MD, Juan Osorio, MD, Samir Zaidi, MD, PhD and Morgan Freret, MD, PhD.

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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