Private Foundation · MI
Rollin M Gerstacker Foundation
Midland, MI · EIN 386060276 · Website ↗ · 990s on ProPublica ↗
Assets
$140.1M
Total Giving
$38.0M
Grants on File
4
Average Grant
$9.5M
Giving Radius
Where Rollin M Gerstacker Foundation Has Given
Section I
How to Apply
Organizations requesting funds must qualify under Section 501(c)(3) of the Internal Revenue Code as other than a private foundation with proof thereof submitted with a written request for funds.
On Unsolicited Proposals yes
Restrictions
Most of the resources of the foundation are used to support a basic group of institutions, primarily in the Midland area.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Midland, MI | $9.0M | 2020 |
| Midland, MI | $9.0M | 2021 |
| Midland, MI | $10.6M | 2022 |
| Midland, MI | $9.4M | 2023 |
4 grants total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $136.8M | $9.4M | $5.5M | $11.0M |
| 2022 | $142.3M | $9.8M | $2.2M | $12.2M |
| 2021 | $152.3M | $11.1M | $14.2M | $10.7M |
| 2020 | $149.0M | $9.2M | $20.3M | $10.5M |
| 2019 | $139.0M | $9.2M | $7.3M | $9.6M |
| 2015 | $145.2M | $8.9M | $5.2M | $9.4M |
| 2014 | $149.4M | $8.8M | $14.6M | $6.6M |
| 2013 | $141.2M | $8.0M | $44.1M | $10.3M |
| 2012 | $107.3M | $7.6M | $9.1M | $8.4M |
| 2011 | $106.6M | $7.7M | $10.1M | $7.6M |