Daniel Reardon serves the Otto Bremer Trust as co-CEO. Also a trustee, Daniel Reardon has been with the foundation since 1995. Based in St. Paul, Minnesota, the Otto Bremer Trust is one of the largest charitable trusts in the country.
The Otto Bremer Trust was established in 1944 by Otto Bremer, a banker and community leader who came to Minnesota from Germany in 1886. Mr. Bremer first worked as a bookkeeper for the National German American Bank and later became the chairman of American National Bank. Along with his brother, Adolph, Otto owned and managed the Jacob Schmidt Brewing Company. Otto Bremer also served as treasurer of St. Paul, Minnesota, and was an advisor to two presidents, Woodrow Wilson and Franklin D. Roosevelt.
Since its inception, the Otto Bremer Trust has granted a half billion dollars in grants to nonprofit organizations throughout Minnesota, North Dakota, and Western Wisconsin, striving to fund projects that help strengthen communities in the Upper Midwest.