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The Rollin M. Gerstacker Foundation

Profile

Last Updated: 2016-02-10

At A Glance

The Rollin M. Gerstacker Foundation

P.O. Box 1945

Midland, MI United States 48641-1945

Telephone: (989) 631-6097

URL: www.gerstackerfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $182,071,097

Total giving: $5,787,805

EIN

386060276

BRIDGE Number

5541999822

Background

Incorporated in 1957 in MI - The primary purpose of the foundation is to carry on, indefinitely, financial aid to charities of all types supported by Mr. and Mrs. Gerstacker during their lifetimes. Mrs. Gerstacker was a sister of Elsa U. Pardee, founder of the Elsa U. Pardee Foundation and wife of James T. Pardee, who was board chairman of the Dow Chemical Company. Mrs. Gerstacker served as president of both foundations until her death in 1975. The foundation is administered by a twelve-member board of trustees, including Esther S. and Lisa J. Gerstacker.

Purpose and Activities

Giving to assist community projects, with emphasis on the aged and the youth; grants also for higher education, health care, medical research, and hospitals.

Fields of Interest

Subjects
  • Child welfare
  • Diseases and conditions
  • Health
  • Higher education
  • Hospital care
  • Human services
  • Mental health care
  • Public administration
  • Senior services
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Seniors
Organizations
  • Associations

Financial Data

Year ended 2014-12-31

Assets: $182,071,097 (market value)

Expenditures: $6,647,728

Total giving: $5,787,805

Qualifying distributions: $5,921,467

Giving activities include:

$5,787,805 for 181 grants (high: $500,000; low: $1,000)