Bremer Bank Donates $50,000 to NDSCS for Upgrades to the Harry Stern and Ella Stern Cultural Center
Posted on 4/17/2013
The 30 Year-Old Theatre to be Named "Bremer Bank Theatre"
Bremer Bank is making a large investment in the community, donating $50,000 to the NDSCS Foundation, specifically for improvements and upgrades to the theatre inside of the Harry Stern and Ella Stern Cultural Center. In recognition of this donation, the theatre will be named "Bremer Bank Theatre." The donation will be allocated over 10 years and will be spent on a variety of improvements and enhancements to the theatre, including adding necessary handrails to all rows.
"We are so excited to announce this investment in the community," said Jana Berndt, president and market manager for Bremer Bank Wahpeton and Breckenridge. "This theatre is not only important to NDSCS, but also to the entire community which has a real passion for culture and the arts. This donation demonstrates a long-term commitment to the area that our bank, staff and clients are all really proud of."
The $50,000 donation comes directly from the Bremer Bank in Breckenridge and Wahpeton. Bremer has been a long-standing contributor to NDSCS over the past 20 years, donating more than $55,000. Additionally, Bremer's owner the Otto Bremer Foundation has provided $675,000 in grants to NDSCS.
"At Bremer, our vision is to build healthy communities through partnerships like this one with NDSCS," said Berndt. "This would not be possible without the support of our clients. When clients bank with Bremer, we generate profits, a portion of which we deliver to the Foundation which then uses those funds to make grants in communities like ours."
The 4,500-square-foot theatre was built in 1983. It houses numerous community, college and high school performances each year, which includes music, dance and plays.
"Bremer Bank has been a generous partner of NDSCS over the years and the investment they are making in the theatre will benefit the community, the region and the college," said John Richman, Ph.D., NDSCS President. "We're very excited about the enhancements and upgrades that we will be able to make to the theatre through this contribution."
About Bremer Financial Corporation Bremer Financial Corporation is a privately-held, $8.9 billion regional financial services company, jointly-owned by its employees and the Otto Bremer Foundation (OBF). Founded in 1943 by Otto Bremer, the company is headquartered in St. Paul, Minnesota and provides a comprehensive range of banking, investment, trust and insurance services to locations in Minnesota, North Dakota and Wisconsin. OBF uses its share of dividends to distribute charitable grants to Bremer bank communities. In 2012, more than $30 million in charitable donations were given across the Bremer footprint and employees donated more than 150,000 volunteer hours to their communities.