Late entrepreneur, David Gundlach (left), gave back to his hometown in Indiana is a huge way. His estate left $125 million to a community foundation. Elkhart County Community Foundation was the fortunate receiver of this charitable donation. Click below to read more.
Gundlach was an entrepreneur in the insurance industry who also dabbled in film by producing the 2009 movie, “Get Low,†featuring Robert Duvall and Bill Murray, according to Elkhart County’s local newspaper, the Elkhart Truth.
In 2009, long before he died of a heart attack last year at age 56, he told Pete McCown, president of the Elkhart County Community Foundation, that he was including the foundation in his estate planning.
McCown said Gundlach, who had no spouse or heirs, was in town to visit his mother.
The foundation has not made any decisions about how to use the gift, but McCown said “there has been a positive community conversation now that has emerged about what are the most pressing needs of our community.â€
The foundation supports a broad range of non-profits and causes, namely the arts, community development, education, health and human services and youth development.
