Otto Bremer Trust

Organization Overview

Otto Bremer Trust is located in St Paul, MN. The organization was established in 1949. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Otto Bremer Trust generated $94.8m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $69.1m during the year ending 12/2019. While expenses have increased by 17.2% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Otto Bremer Trust has awarded 798 individual grants totaling $52,983,486. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Stinson Llp
$716,556
Bremer Bank Na
$156,901
Sullivan & Cromwell Llp
$979,055
Dorsey & Whitney Llp
$563,337
Greiner Construction
$186,576
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $4,689
Dividends & Interest $83,233,125
Net Rental Income$0
Net Gain on Sale of Assets $7,547,815
Capital Gain Net Income $82,675,993
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $4,019,009
Total Revenue $94,804,638

Grants Awarded

Over the last fiscal year, Otto Bremer Trust has awarded $52,983,486 in support to 798 organizations.

Grant RecipientAmount

Rochester, MN

PURPOSE: TO SUPPORT THE DEVELOPMENT AND EXECUTION OF MAYO CLINIC'S COMPREHENSIVE ADVANCED BIOMANUFACTURING STRATEGY.

$3,000,000

SMITHSONIAN INSTITUTION

PURPOSE: TO SUPPORT THE BIAS INSIDE US, WHICH WILL ENCOURAGE COMMUNITIES AND INDIVIDUALS TO UNDERSTAND AND ADDRESS IMPLICIT BIAS ISSUES THROUGH A TRAVELING EXHIBITION AND ACCOMPANYING PROGRAMMING.

$1,000,000

UNIVERSITY OF MINNESOTA FOUNDATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: TO SUPPORT THE INSTITUTE FOR CHILD AND ADOLESCENT BRAIN HEALTH THAT WILL BE A WORLD-LEADING EPICENTER FOR RESEARCH, EDUCATION, AND CLINICAL INTERVENTION AIMED AT ENSURING EVERY CHILD HAS THE STRONGEST START TO A SAFE, HAPPY, AND PRODUCTIVE LIFE.

$1,000,000

BEACON INTERFAITH HOUSING COLLABORATIVE

Org PageRecipient Profile

Saint Paul, MN

PURPOSE: FOR SUPPORT TO CREATE A RESOURCE FOR SHORT-TERM PRE-DEVELOPMENT FINANCING FOR ACQUISITION AND/OR PRE-DEVELOPMENT-RELATED EXPENSES TO SUPPORT BEACON'S SUPPORTIVE HOUSING DEVELOPMENT WORK IN THE TWIN CITIES. (PROGRAM RELATED INVESTMENT)

$500,000

THE SANNEH FOUNDATION INC

PURPOSE: FOR GENERAL OPERATIONS AND PROGRAM SUPPORT OF THIS ORGANIZATION THAT SERVES YOUTH DEVELOPMENT NEEDS IN THE TWIN CITIES METRO AREA.

$450,000

Minneapolis, MN

PURPOSE: FOR GENERAL OPERATIONS AND CAPITAL SUPPORT TO INCREASE SOCIAL AND ECONOMIC MOBILITY AMONG FAMILIES HEADED BY LOW-INCOME SINGLE MOTHERS IN SOUTHEASTERN MINNESOTA.

$400,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Otto Bremer Trust has recieved totaling $50,000.

Awarding OrganizationAmount
Community Foundation Of Dunn County Inc

Menomonie, WI

PURPOSE: GENERAL SUPPORT

$50,000
View Grant Recipient Profile

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