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Rollin M Gerstacker Foundation is a private corporation based in MIDLAND, MI. The foundation received its IRS ruling in 1958. It holds total assets of $140.1M. Annual income is reported at $118.6M. According to available records, Rollin M Gerstacker Foundation has made 4 grants totaling $39.2M, with a median grant of $9.8M. Annual giving has grown from $9M in 2020 to $21.2M in 2022. Individual grants have ranged from $9M to $10.6M, with an average award of $9.8M. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Rollin M Gerstacker Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MI.
Rollin M Gerstacker Foundation has distributed a total of $39.2M across 4 grants. The median grant size is $9.8M, with an average of $9.8M. Individual grants have ranged from $9M to $10.6M.
The application deadline is APPLICATIONS SHOULD BE SUBMITTED ELECTRONICALLY THROUGH GERSTACKERFOUNDATION.ORG PRIOR TO MARCH 1, J. MOST OF THE RESOURCES OF THE FOUNDATION ARE USED TO SUPPORT A BASIC GROUP OF INSTITUTIONS, PRIMARILY IN THE MIDLAND AREA.
Rollin M Gerstacker Foundation is headquartered in MIDLAND, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lisa J Gerstacker | PRESIDENT | $0 | $0 | $0 |
| Paul F Oreffice | TRUSTEE | $0 | $0 | $0 |
| Laurie G Bouwman | CHAIRPERSON | $0 | $0 | $0 |
| William D Schuette | EXEC VP/ASST | $0 | $0 | $0 |
| Katharine R Rice | TRUSTEE | $0 | $0 | $0 |
Total Giving
$11M
Total Assets
$136.8M
Fair Market Value
$204.9M
Net Worth
$125.7M
Grants Paid
$9.4M
Contributions
$0
Net Investment Income
$4.4M
Distribution Amount
$9.4M
Total: $109.6M
Total Grants
4
Total Giving
$39.2M
Average Grant
$9.8M
Median Grant
$9.8M
Unique Recipients
1
Most Common Grant
$10.6M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedVARIOUS | Midland, MI | $10.6M | 2022 |
| Thomas L Ludington |
| SECRETARY |
| $0 |
| $0 |
| $0 |
| Heidi C Schuette | TRUSTEE | $0 | $0 | $0 |
| William C Lauderbach | TREASURER | $0 | $0 | $0 |
| William S Stavropoulos | TRUSTEE | $0 | $0 | $0 |
| Howard I Ungerleider | TRUSTEE | $0 | $0 | $0 |
| Gail E Lanphear | TRUSTEE | $0 | $0 | $0 |
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