Break The Cycle Fund Email Formats

About Break The Cycle Fund

The Fund intends to support medical school students attending the four Historically Black Medical Schools in the United States. Funds raised will be passed through to the four institutions equally to eliminate or help pay off student debt. It is the intention of the Fund to perpetuate debt-free medical education at the four HBMSs. The institutions will administer the funds, which will be used for medical school tuition, fees, and living expenses. Student recipients will invest in future generations of medical doctors by entering into a legal contract with the Fund to donate 1% of their gross income to the Fund beginning five years after their graduation from medical school and continuing for their entire careers as medical professionals regardless of age. Because the Fund is a non-profit, each student’s 1% contribution will be considered a charitable donation and, therefore, deductible under current IRS regulations. The vision is to create a self-perpetuating fund that eventually grows large enough to be self-sufficient, although substantial investment from philanthropic individuals, corporations, family offices, and institutions will be needed in the early years. Breaking the cycle of underinvestment in black students will change entire communities and our nation.

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