# GHR Foundation

GHR Foundation is an Endowment / Foundation based in Minneapolis, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Minneapolis, United States
- **Region:** North America
- **Address:** Suite 2950, 60 South 6th Street, Minneapolis, MN 55402, United States
- **Founded:** 1965
- **Assets under management:** 936 (Altss estimate)
- **Website:** ghrfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/ghr-foundation

## Regulatory record

- **Reports private funds:** No

## About

GHR Foundation was created in 1965 by Gerald and Henrietta Rauenhorst. The founders built their wealth through Opus Group, a commercial real estate and construction firm. Amy Goldman, their daughter, serves as CEO and Chair. The foundation allocates across private equity, program-related investments, and public market index funds. Confirmed holdings include positions in Advent International GPE IX, Charlesbank Equity Fund IX, C2N Diagnostics, and Atalanta Therapeutics. Geographic reach centers on the United States with additional activity in the United Kingdom and China. Ticket sizes for certain commitments range from $15 million to $20 million. The organization maintains 30 professionals in Minneapolis. It sold the Ameriprise Financial Center office tower in 2025 after assuming ownership via deed in lieu of foreclosure. Related vehicles include the Better Way Foundation and Joseph Rauenhorst Family Foundation. The foundation holds membership in the Council on Foundations and GEO. Governance ties the foundation directly to the Rauenhorst family office entities Encore One LLC and Adler Management LLC. Investment decisions incorporate Catholic social values alongside financial return criteria. This structure separates grantmaking from operating company activities while retaining family oversight of capital deployment.

## Sectors

- Healthcare
- Education

## People

- Amy Goldman — CEO and Chair

## Questions

### Who runs investment decisions at GHR Foundation?

Amy Goldman serves as CEO and Chair. Decisions incorporate guidance from investment advisor NEPC and manager Blackrock.

### Does GHR Foundation participate in fund commitments or only direct deals?

The foundation holds limited partner positions in funds including Advent International GPE IX and Charlesbank Equity Fund IX alongside direct holdings such as C2N Diagnostics.

### What investment stages does GHR Foundation typically target?

Commitments span venture, growth, buyout, and special situations with an investment horizon of five to ten years.

### How is GHR Foundation related to Opus Group?

Opus Group founded by Gerald Rauenhorst supplied the original capital; the foundation operates separately from the operating business.

## Related profiles

- [Farmer Family Foundation](https://altss.com/profile/farmer-family-foundation)
- [Gannett](https://altss.com/profile/gannett)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/ghr-foundation

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