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MICHAEL AND BRITTANY REGER FAMILY FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MICHAEL AND BRITTANY REGER FAMILY FOUNDATION (EIN 27-4434063)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-10-24
IRS object ID
201832979349100018
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-10-24T16:35:13-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN411227298PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CUMMINGS KEEGAN & CO PLLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1600 HIGHWAY 169 SOUTH STE 1625AddressLine1Txt
CityST LOUIS PARKCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554261209ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN274434063EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL & BRITTANY REGER FAMILY FDNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMICHBusinessNameControlTxt
Phone9529231050PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1426 FERNDALE ROAD SAddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL REGERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6517559504PhoneNum
Signature2018-10-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARYGEN HOEHN REUTZELPreparerPersonNm
PTINP00071570PTIN
Phone9523452500PhoneNum
Preparation2018-10-17PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address50.203.248.218IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-10-24IPDt
IP Tm16:35:13IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id02E953F962F43F4B8E29CC1BA641E328BFFDA9FDAtSubmissionCreationDeviceId
At Submission Filing Device Id02E953F962F43F4B8E29CC1BA641E328BFFDA9FDAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2018-06-14 16:35:46ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$108,639FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$43InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$43InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$800,065NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$121,535GrossSalesPriceAmt
Total Rev And Expnss-$800,022TotalRevAndExpnssAmt
Total Net Invst Incm$43TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,590AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,590AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$25OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$25OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,615TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,615TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$168,597ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$168,597ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$170,212TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,615TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$168,597TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$970,234ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$157,273CashBOYAmt
Cash EOY$103,989CashEOYAmt
Cash EOYFMV$103,989CashEOYFMVAmt
Rcvbl From Officers EOY$4,650RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV$4,650RcvblFromOfficersEOYFMVAmt
Corporate Stock BOY$921,600CorporateStockBOYAmt
Total Assets BOY$1,078,873TotalAssetsBOYAmt
Total Assets EOY$108,639TotalAssetsEOYAmt
Total Assets EOYFMV$108,639TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,078,873UnrestrictedBOYAmt
Unrestricted EOY$108,639UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,078,873TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$108,639TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,078,873TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$108,639TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,078,873TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$970,234ExcessRevenueOverExpensesAmt
Subtotal$108,639SubtotalAmt
Tot Net Ast Or Fund Balances EOY$108,639TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$206,700AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$364,042NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.567792DistributionYr1Rt
Adjusted Qlfy Distri Yr2$167,690AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,206,878NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.075985DistributionYr2Rt
Adjusted Qlfy Distri Yr3$327,700AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$4,164,357NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.078692DistributionYr3Rt
Adjusted Qlfy Distri Yr4$297,200AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$5,710,102NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.052048DistributionYr4Rt
Adjusted Qlfy Distri Yr5$162,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$3,071,174NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.052749DistributionYr5Rt
Total Distribution0.827266TotalDistributionRt
Average Distribution0.165453AverageDistributionRt
Net Vl Noncharitable Assets$180,615NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$29,883AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$29,883AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$168,597QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksBRITTANY REGERIndividualWithBooksNm
Phone9529231050PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1426 FERNDALE ROAD SAddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL REGER
3565 FREDERICK STORONOMN55391PRESIDENT000.00$0$0$0
BRITTANY REGER
426 FERNDALE ROAD SWAYZATAMN55391DIRECTOR000.00$0$0$0
JOSEPH REGER
3038 1/2 R STREET NWWASHINGTONDC20007DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$12,000AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$171,365AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$183,365TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$183,365AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,750CashDeemedCharitableAmt
Net Vl Noncharitable Assets$180,615NetVlNoncharitableAssetsAmt
Minimum Investment Return$9,031MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$9,031MinimumInvestmentReturnAmt
Distributable Before Adj$9,031DistributableBeforeAdjAmt
Distributable Before Ded$9,031DistributableBeforeDedAmt
Distributable As Adjusted$9,031DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$168,597ExpensesAndContributionsAmt
Qualifying Distributions$168,597QualifyingDistributionsAmt
Adjusted Qualifying Distri$168,597AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$9,031DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$8,293ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$119,482ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$57,346ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$188,498ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$373,619TotalExcessDistributionCyovAmt
Qualifying Distributions$168,597QualifyingDistributionsAmt
Applied To Current Year$9,031AppliedToCurrentYearAmt
Remaining Distri From Corpus$159,566RemainingDistriFromCorpusAmt
Total Corpus$533,185TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$533,185ExcessDistriCyovToNextYrAmt
Excess From Year4$8,293ExcessFromYear4Amt
Excess From Year3$119,482ExcessFromYear3Amt
Excess From Year2$57,346ExcessFromYear2Amt
Excess From Year1$188,498ExcessFromYear1Amt
Excess From Current Year$159,566ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CAMP CAMBRIA FOUNDATION
1876 MINNEHAHA AVE WST PAULMN55104CHARITABLE$21,800
JDRF
26 BROADWAYNEW YORKNY10004CHARITABLE$1,000
MINNEAPOLIS INSTITUTE OF ART
2400 3RD AVE SMINNEAPOLISMN55404CHARITABLE$15,000
ORONO FOUNDATION FOR EDUCATION
1850 W WAYZATA BLVDLONG LAKEMN55356CHARITABLE$10,000
LIFETIME FITNESS FOUNDATION
2902 CORPORATE PLACECHANHASSENMN55317CHARITABLE$46,850
LIFETIME FOUNDATION
2902 CORPORATE PLACECHANHASSENMN55317CHARITABLE$35,995
WAYZATA HISTORICAL SOCIETY
402 E LAKE STWAYZATAMN55391CHARITABLE$500
ORONO FOUNDATION FOR EDUCATION
1850 W WAYZATA BLVDLONG LAKEMN55356CHARITABLE$22,052
GIVING BACK
5757 W CENTURY BLVD SUITELOS ANGELESCA90045CHARITABLE$5,400
ABBOTT NORTHWESTERN FOUNDATION
800 E 28TH ST MR 16509MINNEAPOLISMN55407CHARITABLE$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$168,597TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$43ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$800,065ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$800,022ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$800,022TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryCKCOCategoryTxt
Amt$1,590Amt
Net Investment Income$1,590NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
How AcquiredPURCHASEHowAcquiredTxt
Gross Sales Price$121,535GrossSalesPriceAmt
Basis$921,600BasisAmt
Total Net-$800,065TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
Stock40,000 SHS NORTHERN OIL & GASStockNm

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
ANNUAL RENEWAL - MN$25$25

Other Receivables Officers Sch OtherReceivablesOfficersSch

Officer Other Rcvbl OfficerOtherRcvblGrp

FieldValueIRS element (for citing)
Borrower PersonMIKE AND BRITTANY REGERBorrowerPersonNm
Borrower TitleOFFICERSBorrowerTitleTxt
Loan Original$4,650LoanOriginalAmt
Balance Due$4,650BalanceDueAmt
Note2017-12NoteDt
Repayment TermsON DEMANDRepaymentTermsTxt
Lender ConsiderationNONELenderConsiderationDesc
Consideration FMV$4,650ConsiderationFMVAmt

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