The Otto Bremer Trust’s Twin Cities Focus

With responsibilities including the oversight of investments and management of the trust as per its trust instrument, Daniel Reardon serves the Otto Bremer Trust alongside his fellow trustees and co-CEOs. In working with the Otto Bremer Trust, Daniel Reardon also ensures it maintains its support in the Twin Cities, to which a large portion of its funding activities are devoted.

The trust supports this area, which is made up of seven counties spanning the St. Paul and Minneapolis metro area, by focusing its investments on programs that help families and individuals develop self-reliance and financial stability. While this focus often includes providing for the basic needs of people, it is predominantly focused on offering support and access to the resources that help people attain self-sufficiency.

Examples of such opportunities include the creation of learning and development programs, the provision of tools, the creation of economic opportunities, and other strategies that engage both entire communities and individual families and people.

The Otto Bremer Trust Makes $47 Million in Grants in 2016

Serving as both a trustee and co-CEO of the Otto Bremer Trust, Daniel Reardon brings more than 20 years of experience to his role. Working alongside his fellow trustees, Daniel Reardon oversaw a record-breaking year for the trust in 2016. 

At the beginning of 2017, the trust announced that it has distributed $47.3 million to people, places, and organizations throughout the Upper Midwest. In total, the trust contributed to the activities of over 550 organizations, with the investments focused on those that provided services that improve Bremer communities.

Grants included one of $50,000 to Steele County Clothesline, Inc., in support of a project that provided clothing and general household items to residents of the county, and one of $43,500 to Owatonna Healthy Seniors Program to help the organization offer volunteer services.

Further, it provided grants of $1 million to three organizations in the Twin Cities, including Habitat for Humanity, the Metropolitan Economic Development Association, and the Greater Minnesota Housing Fund.