Philanthropy Watchdog Questions Minn. Foundation’s Trustee Compensation
The Chronicle of Philanthropy
News Brief
July 17, 2014
The National Committee for Responsive Philanthropy has asked the Minnesota Attorney General’s Office to investigate a St. Paul foundation for ballooning trustee compensation. The Otto Bremer Foundation paid the amounts of $456,468, $453,151, and $284,417 to three trustees in 2012, nearly a tenfold increase over the last decade. The three trustees ousted the foundation’s executive director this year and said they would become joint CEOs.
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