WebApr 29, 2024 · Established by German philanthropist Otto Bremer in the early war years following the Great Depression, the St. Paul-based bank is the charity’s largest financial asset and one of the Midwest’s... WebJan 24, 2024 · OTTO BREMER TRUST Based in Saint Paul. 46 employees. Founded in 1944 by philanthropist Otto Bremer. Gives out more than $50 million annually in charitable grants and loans in Minnesota, Wisconsin, North Dakota, and Montana. Owns 92 percent of Bremer Bank. Total assets from $1 billion to $2 billion.
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WebThe Otto Bremer Foundation accepts grant applications for the following purposes: Program or project development General operations Organizational development Capital: building and/or equipment Challenge/matching grants Program Related Investments. WebOct 21, 2024 · Under the new slogan of working “at the intersection of finance and philanthropy,” the foundation’s charitable investments grew from roughly $50 million to $70 million, even as the total... cp204 login
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WebAug 12, 2024 · the Trust and Bremer Financial Corporation (then called the Otto Bremer Company and herein referred to as “BFC”). 21. The Trust is a private foundation generally exempt from federal income taxation under section 501(c)(3) of the Internal Revenue Code. 22. The Trust is registered as Minnesota Charitable Trust with the AGO under the Act WebSep 21, 2014 · Otto Bremer trustees Brian Lipschultz, Charlotte Johnson, and Daniel Reardon are under fire for their escalating salaries. When Otto Bremer gave his bank … Web2 days ago · Otto Bremer was a German-American banker who lived in St. Paul and who specifically structured a charitable trust to fulfill his philanthropic vision. He appointed trustees to manage funds and distribute grants. OBT has been doing that philanthropic charitable funding for the past 75 years. magie chevalet