Otto Bremer Trust Makes 140 Investments Totaling $9.8 Million

Friday, September 14, 2018

The Otto Bremer Trust has awarded $9,830,155 in grants as part of its most recent grantmaking cycle.

“We’re inspired by the breadth and diversity of programs in which the Otto Bremer Trust is making investments,” said Daniel C. Reardon, co-CEO and trustee, OBT. “From access to housing, food, health, and wellness services, to helping with job skills development, vocational opportunities, and literacy programs, we’re proud to be supporting dozens of organizations that are having a positive impact in communities across the Upper Midwest.”

The Otto Bremer Trust, based in St. Paul, Minn., is a private charitable trust established in 1944 by founder Otto Bremer, a successful banker and community business leader. OBT owns 92 percent of Bremer Bank and also manages a diversified investment portfolio. The mission of OBT is to invest in people, places, and opportunities in the Upper Midwest. Since its inception, OBT has invested more than $650 million in organizations throughout Minnesota, North Dakota, and western Wisconsin. Visit ottobremer.org.

For a complete list of grants, see the full release on their website.