His Philanthropy Takes Many Forms, Helps In Many Ways
Dr. Albert Ghassemian is well-known in the Boston medical community as an impassioned advocate for his patients. Now, thanks to his establishment of The Virginia and Albert Melik Ghassemian, M.D. Endowed Scholarship Fund, he also will be well-known at Boston University as a generous - and creative - advocate for our students.
Dr. Ghassemian's relationship with Boston University extends over two decades, and includes volunteer service to the School of Medicine as a member of the Dean's Advisory Board. His history of philanthropic support at BU reflects his Armenian heritage, with gifts for the Armenian Medical Fund, and his friendship with former Dean and interim University president, Dr. Aram Chobanian, with gifts to the professorship and scholarship that bear Dr. Chobanian's name.
However, it is Dr. Ghassemian's most recent gifts that are the most personal and demonstrate the kind of resourceful energy that endeared him to his patients. Honoring his beloved late wife, Ginger, he established The Virginia and Albert Melik Ghassemian, M.D. Endowed Scholarship Fund in February 2010 through the use of a charitable gift annuity.
In addition to the charitable gift annuity, which will provide Dr. Ghassemian income for the rest of his life and ultimately be used to provide financial assistance to students, the significant strength of the Ghassemian Scholarship Fund is amplified with an additional gift of real estate. In May 2011, Dr. Ghassemian made arrangements to give to BU the building that served as the home for his medical practice in Methuen for nearly thirty years.
Awards from The Virginia and Albert Melik Ghassemian, M.D. Endowed Scholarship Fund will begin in the 2013 - 2014 academic year, coinciding with Dr. Ghassemian's 75th birthday. Annual scholarships shall be awarded to a student enrolled at the School of Medicine as well as an undergraduate student enrolled in any other College or School at Boston University.
Reflecting on the impact that Dr. Ghassemian's gift will have at the School of Medicine, Dean Karen Antman, M.D. says, "Increased scholarship assistance offers prospective students greater choice and added relief from the burden of long-term educational debt. The Virginia and Albert Melik Ghassemian, M.D .Endowed Scholarship fund at BUSM will help equalize opportunity for a medical education and for that we are deeply appreciative of Dr. Ghassemian's generosity."
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