Financial and investment management senior executive Brian Lipschultz currently serves as co-CEO and trustee of St. Paul, Minnesota-based Otto Bremer Trust (OBT). Brian Lipschultz also serves as a board member of Bremer Financial Corporation.
Founded in 1944, OBT owns 92 percent of a commercial bank and manages a diversified investment portfolio. The grants provided by OBT are funded by these holdings. In 2015, the charitable trust bestowed over $46 million in grants and program-associated investments to more than 500 organizations in Minnesota, western Wisconsin, and North Dakota.
In March 2016, the trust donated $2.5 million to assist in funding the Center for Safe and Healthy Children at the University of Minnesota Masonic Children’s Hospital. The donation will fund a fellowship program, increased community education, and additional staff.
Treating over 350 children that have been abused and neglected, the center was the only one of its kind in the region when it began operations in 2014. It has been renamed the Otto Bremer Trust Center for Safe and Healthy Children in recognition of the generous donation.
A public health crisis, child abuse deaths total 1,580 annually; this figure now surpasses the 1,250 annual child deaths caused by childhood cancers.
The trust's donation is among the largest of its kind in the country.
