Samantha Fennell’s Post

I was recently in a meeting at Tougaloo College when the NAACP shared that a handful of the nation's most well-endowed universities raise more money per day than nearly every HBCU in America raises annually, per capita. Keep that in mind when considering the following stats shared in the article below: 1) 13% of America's population is Black; only 6% of physicians are Black 2) HBCUs produce 70% of the nation's Black physicians. The notion that "HBCU's produce an outsized impact" in the United States must become more than a convenient talking point in speeches. Props to Bloomberg Philanthropies and all the people behind the scenes who we'll never know that fought for and shaped this historic investment. More is needed from more with more. https://lnkd.in/gvvKrZwt

From a workforce development standpoint, we are seeing across regions the need and demand for healthcare professional. The pandemic was hard on all of us but I think we often forget the long standing impact to our frontline healthcare professionals. In addition in 2022, only 5.7% of medical professionals identified as Black or African-American. However, 70% of Black doctors in the US are HBCU graduates. HBCU medical schools help create a diverse and highly skilled healthcare workforce and conduct vital research that benefits society. Investment into healthcare, healthcare professional, and our HBCU medical schools are more important than ever. Well done Bloomberg Philanthropies

I love this! I hope the awards come with a stipulation, or at least an encouragement, to have those endowments also managed by predominantly Black OCIOs (outsourced chief investment offices) and managers. Moving large sums of money right back into the hands of the usual suspects feels counter productive otherwise. We need to normalize asking..."who's managing and controlling that?" #NextEconomy #OCIO #investmentmanagement

With a $1 billion gift to Albert Einstein College of Medicine, philanthropist Ruth Gottesman will leave a lasting impression on many. College students will not have to pay tuition to get their advanced medical degree. 🎓 While most of us don’t have $1 billion to leave behind, the principles of gifting can be something to consider for your legacy. Read more in this article from @NBCNews ⬇️ 🌐 https://nbcnews.to/4ckjIzR #estateplanning #taxdeductiblegift #taxplanning #legacy #philanthropy #willsandtrusts

With a $1 billion gift to Albert Einstein College of Medicine, philanthropist Ruth Gottesman will leave a lasting impression on many. College students will not have to pay tuition to get their advanced medical degree. 🎓 While most of us don’t have $1 billion to leave behind, the principles of gifting can be something to consider for your legacy. Read more in this article from @NBCNews ⬇️ 🌐 https://nbcnews.to/4ckjIzR #estateplanning #taxdeductiblegift #taxplanning #legacy #philanthropy #willsandtrusts

Bloomberg Philanthropies made an unprecedented $600 million donation to four historically Black medical schools—Howard University College of Medicine, Meharry Medical College, Morehouse School of Medicine, and Charles R. Drew University of Medicine and Science University—marks a significant milestone in the fight for health equity. This landmark investment demonstrates how private industry and academic partnerships can prepare the next generation of physicians and address critical health disparities. By strengthening the financial foundations of these historically Black institutions, this funding empowers them to continue their mission of diversifying the medical field. Increased endowments mean better management of tuition costs, more innovative research opportunities, and enhanced support for the academic and professional development of future Physicians. Evidence shows that Black patients have better health outcomes when treated by Black physicians, yet only 6% of U.S. doctors are Black. This partnership between Bloomberg Philanthropies and HBCU medical schools is a powerful example of how strategic investments can create lasting change. Advancing Health Equity is dedicated to partnering with organizations on their journey to eliminate bias and discrimination in healthcare, cultivate an equitable organizational culture, and improve health outcomes. Join us in celebrating this significant step towards a more equitable healthcare future! #HealthEquity #MedicalEducation #HBCUMedicine #FuturePhysicians #EquitableHealthcare #HealthDisparities #DiverseMedicalWorkforce #PhilanthropyInAction #HealthcareTransformation #BreakingBarriers https://lnkd.in/e4BG9uDa

🌟 Emory Day of Giving is Here! 🌟 Today marks the start of our annual Emory Day of Giving, a tradition that holds a special place in my heart. While it's a day associated with reaching donor and financial milestones, its true essence lies far beyond those numbers. It's a celebration of collective impact - a testament to the contributions of our incredible staff, alumni, volunteers, students, parents, and community members. Emory Day of Giving shines a spotlight on the power of unity and generosity. We support life-changing programs like Emory Remote Area Medical, which provides free medical clinics across the state, and the Emory University Emergency Hardship Fund, which offers a financial lifeline to our staff and faculty in times of need. We come together to support programs like the Emory Veterans Program, which supports highly effective treatments for PTSD, traumatic brain injury, and other invisible wounds for post-9/11 veterans and service members at no cost to them. We help elevate our student experience through the support of countless student groups that enrich the academic journey and leave a lasting imprint on the communities many of those groups serve, both locally and globally. As Joshua R. Newton reminded us during our recent town hall, while it's essential to acknowledge our achievements, the true measure of success lies in the stories we create and the impact we have. That's the heart of why we gather and give. Emory Day of Giving is more than just a day on the calendar. It's a reflection of our commitment to Emory's mission to create, preserve, teach, and apply knowledge in the service of humanity. It's about what we can accomplish together. Let's come together to make this Emory Day of Giving the most impactful yet. Every gift, no matter the size, contributes to a larger story of hope, support, and transformation. For more information and to make your contribution, visit https://lnkd.in/gKf3QDGg. #EmoryDayofGiving #EmoryUniversity

A $1 billion gift from Ruth L. Gottesman, Ed.D., Chair of the Einstein Board of Trustees and Montefiore Health System board member, makes it possible for a medical school to offer free tuition to every student forever. Note that the money didn't come from the government. It came from a private donor. Hmmm, what if many more billionaires and millionaires did the same thing? The tuition crisis in America could be solved overnight. Applying that same logic, what if everyone everywhere banded together to put their time, talents, and treasures together to solve our biggest social issues? That would be the "beloved community" Dr. Martin Luther King Jr. talked about. We have the power to change everything. Do we have the will? If you have the will, but don't know where to start, or want to plug in with other like-minded people, visit L.O.V.E. Is The Answer to learn how you can help transform your community into a beloved community. https://lnkd.in/e2-u5MkV

Today’s Conversation in Philanthropy… Part 2 This amazing story of transformative giving illustrates so many ideals in gift planning: Trust, Collaboration, Communication, Foresight, and Humility. From the trust between spouses, to collaboration with the leadership of Einstein, to open communication and encouragement across multi generations of family, to humility in not seeking recognition, this gift speaks volumes. If you would like to read a positive news story, I encourage you read this uplifting article and consider how you can make your own difference in the world. It doesn’t take a billion dollars to make a difference in the life of another human being, four-legged, or two-legged friend. Sometimes, it’s just a smile, a door held open, or a home for a pet in need. I am ‘gifting’ this article from my subscription, so hopefully the full story is accessible to you. #Philanthropy #MakingtheWorldBetter #Education #Medicine #HealthyRX #FinancialPlanning #WealthPlanning #Generosity #Foresight #Humility #Service #FutureGenerations

Revolutionizing Healthcare Education: Key Takeaways from Ruth Gottesman's Historic Donation! Breakthrough Philanthropy: Ruth Gottesman's $1 billion gift to Albert Einstein College of Medicine opens doors for future physicians by providing free tuition. Combatting Burnout: By relieving financial stress, this initiative supports the mental well-being and resilience of future doctors, fostering a healthier healthcare workforce. Diversity & Inclusion: Removing financial barriers promotes diversity in medicine, ensuring healthcare providers better represent and serve diverse communities. Sustainable Healthcare: Gottesman's donation isn't just about education; it's a game-changer for the sustainability of healthcare, empowering physicians to thrive and excel. Join the conversation as we celebrate this landmark moment in healthcare education and its ripple effects on the future of medicine! #healthcarerevolution #philanthropy #futureofmedicine