In December 2024, the University of Minnesota Foundation (UMF) and the Fairview Health System both recognized Anthony Ostlund co-founder, Rich Ostlund’s significant leadership for their respective community service organizations. While maintaining a highly successful national business dispute and governance practice as a trial advocate and board/investor adviser, and as an ABA fiduciary duty treatise author, where the ABA’s Editor-in-Chief describes Rich as among the ‘cream of the crop’ in complex business matters across America, Rich, for over three decades, has also generously donated his time and expertise to support pediatric and adult health care across Minnesota.
Since 1998, Rich has donated hundreds of hours annually to support health research and care at the University of Minnesota. During the past 16 years, Rich served as a Trustee of the Minnesota Medical Foundation and the University of Minnesota Foundation, which have raised and managed well over $4 billion of charitable support for the University during Rich’s tenure. He also Chaired each of the following University of Minnesota health care boards: University Pediatrics Foundation, University Masonic Children’s Hospital, Adopt-A-Room, and Children’s Health Campaign. Rich and his wife Mary have also been honored as among the leading donors to the University Masonic Children’s Hospital. For this 26-year body of leadership work, Rich was just awarded UMF’s highest honor, becoming a Life Trustee of the University of Minnesota Foundation.
Fairview Health System is Minnesota’s third-largest employer with 10 hospitals, 34,000-plus employees and over $7 billion in annual revenue. Rich has served on the Fairview Board of Directors since 2013. Rich lead Fairview’s transition to a skills-based board of directors in 2015-18 and served as Fairview’s Chairman from 2019-24, for which Fairview has just honored Rich’s outstanding leadership through the complexities of the pandemic while leading transformational, positive change to improve Fairview. In December, as his term ended, Fairview took the unprecedented step of naming Rich the first Emeritus Chair in Fairview’s 122-year history and also dedicating the newly completed conference facility at Fairview’s headquarters, the ‘Richard T. Ostlund Board Room.’
You can read more about Rich’s uniquely impactful contributions to our community in the attached Fairview press release and correspondence from UMF. Anthony Ostlund congratulates Rich and, as a firm, is committed to extending our firm’s deep culture and commitment to community service into the decades to come.
