SAINT PAUL, MN
Otto Bremer Trust
Quick Facts
- EIN
- 416019050
- Location
- SAINT PAUL, MN
- Category
- Philanthropy & Grantmaking
- Total Assets
- $1.4B
- Annual Income
- $171.6M
- IRS Ruling Year
- 1949
- Organization Type
- Trust
- Tax Deductibility
- Contributions are deductible
About This Foundation
Otto Bremer Trust is a private trust based in SAINT PAUL, MN. The foundation received its IRS ruling in 1949. It holds total assets of $1.4B. Annual income is reported at $171.6M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$122.8M
2023+49%
Total Assets
$1.5B
2023+3%
Fair Market Value
$1.7B
2023
Net Worth
$1.5B
2023
Grants Paid
$111.9M
2023
Contributions
$0
2023
Net Investment Income
$75.7M
2023
Distribution Amount
$91.4M
2023
Total Giving by Year
$35.4M
11$41M
12$43.3M
13$47.9M
14$50.2M
15$69.1M
19$87.1M
20$94.4M
21$82.3M
22$122.8M
23Asset Growth
$848.3M
11$876.6M
12$926.8M
13$979M
14$1B
15$1.3B
19$1.4B
20$1.5B
21$1.4B
22$1.5B
23Investment Portfolio (2023)
Total: $1.4B
Corporate Stock: $1.4B
Corporate Bonds: $10.4M
Government Obligations: $24.1M
Other Investments: $619K
Cash: $653K
Corporate Stock (98%)
Corporate Bonds (1%)
Government Obligations (2%)
Other Investments (0%)
Cash (0%)
Expense Breakdown (2023)
Grants Paid$111.9M
Legal Fees$2.3M
Officer Compensation$1.8M
Pension & Benefits$687K
Occupancy$492K
Accounting Fees$447K
Depreciation$310K
Travel & Conferences$84K
Printing & Publications$52K
Revenue Sources (2023)
- Dividends
- $73.3M
- Other Income
- $8.4M
- Interest
- $1.2M
- Capital Gains (Net)
- $833K
Financial Details (2023)
- Total Revenue
- $83.7M
- Total Expenses
- $122.8M
- Exempt Purpose Expenses
- $104.3M
- Required Distribution
- $91.4M
- Undistributed Income
- $80.8M
- Grants Approved (Future)
- $9.2M
- Total Liabilities
- $12.8M
- Excise Tax
- $1.1M
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$32.4M
Average Grant
$648K
Median Grant
$313K
Grant Range
Min$200K
Max$3.6M
Median: $313K
Smallest grantLargest grant
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
MT: $4.7M (11)
ND
ND: $2.4M (4)
MN
MN: $16.9M (27)
WI
WI: $8.4M (8)
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
MN$16.9M (27)
WI$8.4M (8)
MT$4.7M (11)
ND$2.4M (4)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Milwaukee Foundation IncINTERMEDIARIES PILOT PROJECT | Milwaukee, WI | $3.6M | 2023 |
| Greater Twin Cities United WayINTERMEDIARIES PILOT PROJECT | Minneapolis, MN | $3.6M | 2023 |
| Community Foundation For The Fox Valley RegionINTERMEDIARIES PILOT PROJECT | Appleton, WI | $3.1M | 2023 |
| Initiative FoundationINTERMEDIARIES PILOT PROJECT | Little Falls, MN | $3.1M | 2023 |
| Montana Community Foundation IncINTERMEDIARIES PILOT PROJECT | Helena, MT | $1.6M | 2023 |
| North Dakota Community FoundationINTERMEDIARIES PILOT PROJECT | Bismarck, ND | $1.6M | 2023 |
| University Of Minnesota FoundationMIDB: CHALLENGING BEHAVIORS CLINIC | Minneapolis, MN | $1M | 2023 |
| Young Men'S Christian Association Of The NorthEXPANDING AND SUSTAINING YMCA NEIGHBORHOOD CENTERS | Minneapolis, MN | $880K | 2023 |
| Neighborhood HouseHOPE IN ACTION: A CAMPAIGN FOR NEIGHBORHOOD HOUSE | Saint Paul, MN | $600K | 2023 |
| Minnesota Independence College And CommunityMICCS OUR HEART. OUR FUTURE. CAPITAL CAMPAIGN (OHOF) | Richfield, MN | $500K | 2023 |
| Catholic Charities Of The Archdiocese Of St Paul And MinneapolisDOROTHY DAY CAMPUS SUPPORT FOR OUR NEIGHBORS IN NEED | Minneapolis, MN | $500K | 2023 |
| The Salvation Army Northern DivisionPATHWAY OF HOPE, EMERGENCY SERVICES | Roseville, MN | $500K | 2023 |
| Greater Missoula Family YmcaCAPITAL CAMPAIGN | Missoula, MT | $500K | 2023 |
| Montana Food Bank NetworkDISTRIBUTION CENTER CAPITAL CAMPAIGN | Missoula, MT | $500K | 2023 |
| African Economic Development SolutionsLITTLE AFRICA PLAZA | Saint Paul, MN | $500K | 2023 |
| University Of Minnesota FoundationMIDB: IMPLEMENTING TELEOUTREACH TO IMPROVE CARE ACCESS | Minneapolis, MN | $500K | 2023 |
| Junior Achievement NorthGENERAL OPERATIONS SUPPORT FOR PROGRAM EXPANSION | Saint Paul, MN | $500K | 2023 |
| Every MealSTRATEGIC INVESTMENT OPPORTUNITY WITH EVERY MEAL | Roseville, MN | $400K | 2023 |
| Neighborhood HouseHOPE IN ACTION: A CAMPAIGN FOR NEIGHBORHOOD HOUSE | Saint Paul, MN | $400K | 2023 |
| Boys & Girls Club Of OshkoshCAPITAL FOR FACILITY EXPANSION | Oshkosh, WI | $400K | 2023 |
| Goodwill Industries IncPOWER OF WORK COMPREHENSIVE CAMPAIGN | Saint Paul, MN | $400K | 2023 |
| Latino Economic Development CenterGENERAL OPERATIONS & PLAZA DEL SOL CAPITAL REQUEST | Saint Paul, MN | $400K | 2023 |
| Good Samaritan Hospital AssociationNEW HOSPITAL CONSTRUCTION | Rugby, ND | $350K | 2023 |
| Children'S Dental Services IncCAPITAL SUPPOT | Minneapolis, MN | $350K | 2023 |
| Citizens For Backus AbGENERAL OPERATIONS AND CAPITAL SUPPORT | International Falls, MN | $325K | 2023 |
| Benefis Health System FoundationBENEFIS SLETTEN CANCER INSTITUTE REMODEL | Great Falls, MT | $300K | 2023 |
| Arrowhead Economic Opportunity AgencyHIBBING SHELTER RENOVATIONS | Virginia, MN | $300K | 2023 |
| Curative Connections IncYESTERYEAR VILLAGE CAMPAIGN | Green Bay, WI | $300K | 2023 |
| Friends Of Montana Pbs IncMONTANA PBS BUILDING POSSIBILITIES CAMPAIGN | Bozeman, MT | $300K | 2023 |
| Listening House Of St Paul IncLISTENING HOUSE RESOURCE HUB | Saint Paul, MN | $300K | 2023 |
| Montana Rescue MissionUNIFIED CAMPUS PROJECT | Billings, MT | $300K | 2023 |
| St Vincent Healthcare FoundationST. VINCENT HEALTHCARE PEDIATRIC SPECIALTY CLINIC | Billings, MT | $300K | 2023 |
| Emma Norton ServicesGENERAL OPERATIONS AND CAPITAL | Saint Paul, MN | $250K | 2023 |
| Boys & Girls Club Of The Tri-County Area IncRIPON BOYS & GIRLS CLUB CAPITAL CAMPAIGN | Berlin, WI | $250K | 2023 |
| Minneapolis American Indian CenterMAIC ALL ROADS CAMPAIGN | Minneapolis, MN | $250K | 2023 |
| American Red Cross Of MontanaGREAT FALLS AND BOZEMAN CAPITAL RENOVATIONS | Great Falls, MT | $250K | 2023 |
| Urban League Of Greater Madison IncCAPITAL FOR BUSINESS HUB | Madison, WI | $250K | 2023 |
| Devils Lake Park BoardDEVILS LAKE FAMILY ENTERTAINMENT CENTER | Devils Lake, ND | $250K | 2023 |
| Centro HispanoCAMPAIGN CENTRO | Madison, WI | $250K | 2023 |
| Apple Tree DentalPILOTING A NEW CRITICAL ACCESS DENTAL FUNDING MODEL | Mounds View, MN | $250K | 2023 |
| The Sanneh Foundation IncGENERAL OPERATIONS | Saint Paul, MN | $250K | 2023 |
| Community Leadership & Development IncTAPESTRY: MULTI-GENERATIONAL AFFORDABLE HOUSING | Billings, MT | $250K | 2023 |
| Florence Crittenton Home & ServicesGENERAL OPERATIONS AND A CAPITAL CAMPAIGN | Helena, MT | $225K | 2023 |
| College PossibleCOLLEGE POSSIBLE NAVIGATE PROGRAM | Saint Paul, MN | $225K | 2023 |
| Literacy MinnesotaLITERACY MINNESOTA GENERAL OPERATIONS | Saint Paul, MN | $205K | 2023 |
| Benefis Health System FoundationBENEFIS SLETTEN CANCER INSTITUTE REMODEL | Great Falls, MT | $200K | 2023 |
| Dream Of Wild HealthCAPITAL SUPPORT | Minneapolis, MN | $200K | 2023 |
| Family Healthcare CenterFAMILY HEALTHCARE MOORHEAD DENTAL SERVICES PROGRAM | Fargo, ND | $200K | 2023 |
| Northwest Minnesota FoundationFIREFLY CENTER FOR ART & WELLBEING | Bemidji, MN | $200K | 2023 |
| Green County Family Ymca IncYMCA CAPITAL CAMPAIGN | Monroe, WI | $200K | 2023 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2019-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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