Wednesday, April 19, 2017

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.

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