Gilbert Family Foundation Donates $500M To Pay Detroit Property Taxes

ANN ARBOR – The Gilbert Family Foundation and Rocket Community Fund on Thursday announced an unprecedented and transformational $500 million philanthropic investment over the next ten years, to be accomplished through strategic contributions to community organizations that will build economic opportunity in Detroit neighborhoods.

The Gilbert Family Foundation will contribute $350 million, and the Rocket Community Fund will invest $150 million. Foundation Vice President Laura Grannemann provides details in this video interview.

Full details at https://mitechnews.com/featured/gilbert-family-foundation-rocket-community-fund-to-make-500-million-philanthropic-investment-in-detroit/

By Mike Brennan|2021-04-01T20:31:38-04:00April 1st, 2021|Entrepreneur Corner, mitechtv|

About the Author: Mike Brennan

Founder of Michigan News Network, and serves as CEO, as well as Editor & Publisher of MITECHNEWS.COM. Brennan has worked since 1980 as a technology writer at newspapers in New York, NY, San Jose, CA., Seattle, WA., Memphis, TN., Detroit, MI., and London, England. He co-founded and served as managing editor of Pacific Rim News Service (SEATTLE), which developed a network of more than 100 freelance journalists in 17 Asia-Pacific countries.