Gerald James Sebesta Jr., 80, formerly of Oak Park, died after successive bouts of pneumonia on Dec. 15, 2024, in the company of family and friends at Elmhurst Hospital. Born on Aug. 12, 1944, he graduated from Morton West High School and Knox College, where he earned a B.A. in Economics in 1966, which led him to a 32-year career as treasurer of schools for Oak Park Township, where he was responsible for the management and investment of more than $275 million for six school districts and one special education district.
Beginning in the 1970s through the end of his life, he was treasurer for the Berwyn and Forest Park park districts, dedicated to enhancing the green spaces and recreational activities in those communities. He also served as executive trustee for Illinois Municipal Retirement Fund and oversaw a funding percentage increase from 55% in 1976 to 104% in 1999, ensuring the pensions of countless municipal employees.
A proud resident of Oak Park, he was known for his outgoing nature and attendance at community events. An avid baseball fan, he had a special affinity for OPRF Huskie baseball, attending varsity games and supporting the program. His love of baseball and the Chicago White Sox was only eclipsed by his love of finance. He voraciously consumed financial news and data through all media and remained current on markets until his last breath.
Gerald was preceded in death by his parents, Gerald Sr. and Anne, and Marsha, his wife of 30 years. He is survived by his sons, Jameson and Jeremy; his brother, Leonard; his niece, Lithe; and his grandchildren, Nicholas, Brooklynn, Isabella, Aviva, and Calvin.
His sharp mind, generosity, and zest for life will be deeply missed. His impact on his friends and family remains a testament to his extraordinary life.
A celebration of his life was held at First United Church of Oak Park on Jan. 6. A memorial service will be held at 2 p.m. on Jan. 18 at First United Church of Oak Park, 848 Lake St.