Freeberg Foundation

Investing in Exceptional Outcomes

Friday, October 11, 2019



Long after attending the University of Minnesota, Don and Lorraine Freeberg’s college home always remained important to them.

Don Freeberg, ’49 BSB, stayed involved with the University of Minnesota’s business school and the Sigma Chi fraternity throughout his life.

Now, two generations later, the Freeberg family continues to give back to the Carlson School through the Don and Lorraine Freeberg Foundation, a charitable organization founded in 1990 to support organizations focusing on education, healthcare, children, and veterans. Today, the foundation is run by Don and Lorraine’s son Dan and granddaughter, Amanda Freeberg Donovan.

The foundation has established both a scholarship for undergraduates pursuing a bachelor’s degree in business and a fellowship for military veterans pursuing their MBA.

“All the things [Don] learned while he was at the Carlson School and the experiences he had helped shape his future successes as a businessman,” Freeberg Donovan says of her grandfather, who worked briefly at IBM before starting his own real estate development company.

The Don and Lorraine Freeberg Foundation Scholarship for undergraduates has been awarded to 83 students and the Don and Lorraine Freeberg Military Veterans MBA Fellowship has supported 19 students. In total, lifetime giving from the Freebergs and their foundation exceeds $785,000.

“On visits we made to Minneapolis, we were impressed by the facility and the faculty and staff we met, “ Dan Freeberg says. “The students we interacted with were exceptional, and they are gaining great experience during their time at the Carlson School. The Military Veterans Initiative program has a wonderful reputation and continues to create great opportunities for returning service members.”

“The Military Veterans Initiative at the Carlson School is a fantastic program that provides different opportunities for veterans to get a great education and all the companies in the Minneapolis areas that work with them,” Freeberg Donovan says.

Fall 2019 alumni magazine cover

This article appeared in the Fall 2019 alumni magazine

The Carlson School is celebrating its centennial. In this issue, we examine our storied history (and the people that made it possible) and look forward to the next 100 years of excellence.

Fall 2019 table of contents