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Otto Bremer Foundation awards $15K to Lakes Area Interfaith Caregivers

SAINT PAUL - The Otto Bremer Foundation has awarded $9.6 million in grants and program-related investments as part of its most recent grantmaking cycle, including one to Lakes Area Interfaith Caregivers in Baxter.

SAINT PAUL - The Otto Bremer Foundation has awarded $9.6 million in grants and program-related investments as part of its most recent grantmaking cycle, including one to Lakes Area Interfaith Caregivers in Baxter.

The $15,000 grant is for general operating support to provide independent living services to low income seniors and persons with disabilities, a release said Tuesday.

OBF is a private charitable trust, established in 1944 by founder Otto Bremer, a successful banker and community and business leader. OBF is the 92 percent owner of Bremer Bank and also manages a diversified investment portfolio, and the returns on these holdings provide the funding for OBF's grantmaking.

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