With about $1 billion eventually from his Best Buy fortune, the Richard M. Schulze Family Foundation would be among Minnesota's five largest foundations.
New direction for Schulze foundation could make it among state's largest
June 18, 2013 at 5:09AM
Minnesota's largest foundations by total assets:
• McKnight Foundation$1.982 billion
• Margaret A. Cargill Foundation$1.968 billion
• St. Paul and Minnesota Community Foundation $879.8 million
• Otto Bremer Foundation$761.1 million
• Bush Foundation$740 million
Source: Minnesota Council on Foundations, October 2012
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Connecticut private equity firm Strategic Value Partners will buy the Revelyst division.