Foundations have big impact

Foundations have big impact Detroit Lakes
10, the Otto Bremer Foundation gave $38.3 million last year and has assets of $899 million.

Wells Fargo Foundation Minnesota and Wells Fargo Bank Minnesota gave grants totaling about $10.5 million.

Thrivent Financial Foundation & Corporation gave grants totaling $17.2 million. 13 on the list of top donors.

The Northwest Area Foundation gave $13.5 million, and Blandin Foundation gave $12.4 million.

Best Buy Foundation & Corporation gave $12 million.

Why does it matter what these foundations gave?

Because those grants, large and small, help build the community in ways that may not be visible, but show up in a better way of life.

It might be better community leadership, or government, or education, or medical facilities, or the arts.

Or a host of other things, like positive things for kids at the Boys and Girls Club, or college scholarships for good high school students.

Grants from charitable foundations reward those organizations that are well-run and effective at pursuing positive change, at all levels, and that helps everyone, from the grassroots on up.

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Edited by: Michael Saunders

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