Article by: Ron Zeigler
Community and Economic Development Associates (CEDA) authored and was approved for a grant in the amount of $75,000 from the Otto Bremer Trust (OBT) for general operating support to provide economic and community development services for rural communities in Southeastern Minnesota.
“This is great news! The confidence the Otto Bremer Trustees have in CEDA is greatly appreciated” states CEDA CEO/President Ron Zeigler. “I believe the CEDA mission closely aligns with the OBT mission for the betterment of the rural areas of Southeastern Minnesota. These dollars will allow us to continue and expand the great work that our team is providing for the sustainability of the region.”
The Otto Bremer Trust, based in St. Paul, MN, is a private charitable trust established in 1944 by founder Otto Bremer, a successful banker and community business leader. OBT owns 92 percent of Bremer Bank and also manages a diversified investment portfolio. The mission of OBT is to invest in people, places and opportunities in the Upper Midwest. Since its inception, OBT has invested more than $600 million in organizations throughout Minnesota, North Dakota and west Wisconsin. Visit ottobremer.org.