Elkhart, Indiana, which bills itself as the RV capital of the world, got hit harder by the recession than any other American city. Now it has hit the jackpot. Literally.
An Elkhart native named David Gundlach left town, got rich, came back to town and dropped dead. In his will, he left his entire estate – about $150 million -- to Elkhart or, more precisely, to the Elkhart County Community Foundation, with no strings attached.
Apart from some oil-fueled gifts to the Tulsa Community Foundation, Gundlach’s benefaction may be the single biggest bonanza ever received by a city or county foundation.