News and analysis
September 21, 2014
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Trustees' Pay Is Challenged After 2 Give Themselves 1,000% Raises Over 9 Years


Otto Bremer trustees Brian Lipschultz, Charlotte Johnson, and Daniel Reardon are under fire for their escalating salaries.

When Otto Bremer gave his bank holdings to charity 70 years ago, he left instructions to allow the trustees of his foundation to establish their own pay. The three trustees who currently oversee the Otto Bremer Foundation, in St. Paul, have used that...

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