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Mr. Gosman has been an icon in both the financial and philanthropic communities for over thirty years. Mr. Gosman's achievements are, for the most part, a matter of public record. He started Mediplex in the early 1980's, took it public and sold it to Avon Products in 1986. His original investors received impressive returns on their investment. Subsequently, Avon was unsuccessful in operating the company. This gave Mr. Gosman an opportunity to repurchase the company privately, at a substantial discount. He indeed, turned the company around and again sold the new Mediplex. His investors doubled their money in a short period of time. Additionally, Mr. Gosman founded Meditrust in 1985, took it public, and returned over 20% to his investors for over ten years. Meditrust became the largest healthcare REIT with assets of approximately $3.5 billion.
During this period of time, as Mr. Gosman was acquiring his own wealth, he also was mindful of his obligation to the community. He donated approximately $15 million to charities primarily in the arts and health care. Some of his donations were made locally. For example, $1 million was donated to the Kravis Center for the building of the Gosman Amphitheater and $250 thousand went to the Norton Museum of Art. Other local beneficiaries of his generosity were United Way, Home Safe and Good Samaritan Medical Center, to name just a few. His major gifts were to the Dana Farber Cancer Institute, the athletic facility at Brandeis University and for the campus of the Jewish Community Center - all three of which bear his name. He has also been a major donor to the Massachusetts General Hospital, Boston University as well as other institutions.
Mr. Gosman is a Life Trustee for the Kravis Center for the Performing Arts; he is a Trustee of the Dana-Farber Cancer Institute; he is a member of the Board of Overseers for the Beth Israel Deaconess Medical Center; he is a member of the Board of Overseers for the Massachusetts General Hospital; he is a former Trustee of Boston University Medical School Board of Visitors; and was one of the first recipients of the Ellis Island Congressional Medal of Honor.