The Pierstorf Memorial Fund was established to provide interest-free loans to eligible college students who are members of Lutheran churches in Northeast Ohio. The Fund was initiated in 1994 by Dr. Ervin Pierstorf and his beloved wife, Florence (now deceased) and in loving memory of his brother, Clarence. All three family members devoted themselves to helping young people receive a college education. As life-long Lutherans and members of Messiah Lutheran Church in Fairview Park, the Pierstorf family chose to provide support funds for fellow Lutherans regardless of their synodical affiliation. The family saw this as a wonderful way of serving others in the name of Christ. They subsequently initiated similar programs at Baldwin Wallace University and Ohio Northern University.
Messiah Lutheran Church in Fairview Park was chosen to administer the loan fund. A volunteer board, along with a part-time Executive Director and Business Manager, work to review the applications, collect payments, and give oversight to the distribution of the loans. Administrative costs are covered by the Fund.