Gerstacker Foundation Awards $100,000 Grant

 

The Rollin M. Gerstacker Foundation based in Midland, Michigan has awarded a $100,000 grant to the Interlochen Public Library New Building Campaign.

“The Gerstacker Foundation is very pleased to support this exciting initiative that will educate and enrich the Interlochen community for families,” said Foundation Chair Gail Lanphear. “The Gerstacker Family Foundation places a high priority on furthering educational opportunities for families. We are impressed with the local leadership and support for this project.”

The Foundation was founded by Mrs. Eda U. Gerstacker in 1957, in memory of her husband. Its primary purpose is to carry on, indefinitely, financial aid to charities of all types supported by Mr. and Mrs. R. M. Gerstacker during their lifetimes. These charities are concentrated in the states of Michigan and Ohio.

The Gerstacker donation marked the second major grant received by the campaign in less than a month. Rotary Charities of Traverse City recently announced a $100,000 Communty Challange Grant. The challange grant effectively doubles donations made by community members over the next year.