BETA

MICHAEL AND BRITTANY REGER FAMILY FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
MICHAEL AND BRITTANY REGER FAMILY FOUNDATION (EIN 27-4434063)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-13
IRS object ID
201501339349100910
Schema version
2014v5.0
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)
Return2015-05-13T08:21:40-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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
Phone6517559504PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13565 FREDERICK STREETAddressLine1Txt
CityORONOCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL REGERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6517559504PhoneNum
Signature2015-05-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARYGEN HOEHN REUTZELPreparerPersonNm
PTINP00071570PTIN
Phone9523452500PhoneNum
Preparation2015-05-04PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,341,972FMVAssetsEOYAmt
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$85InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$85InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$85TotalRevAndExpnssAmt
Total Net Invst Incm$85TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,570AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,570AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$465OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$465OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$2,035TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,035TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$327,700ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$327,700ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$329,735TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,035TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$327,700TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$329,650ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$670,630CashBOYAmt
Cash EOY$340,980CashEOYAmt
Cash EOYFMV$340,980CashEOYFMVAmt
Corporate Stock BOY$6,896,400CorporateStockBOYAmt
Corporate Stock EOY$6,896,400CorporateStockEOYAmt
Corporate Stock EOYFMV$3,000,992CorporateStockEOYFMVAmt
Total Assets BOY$7,567,030TotalAssetsBOYAmt
Total Assets EOY$7,237,380TotalAssetsEOYAmt
Total Assets EOYFMV$3,341,972TotalAssetsEOYFMVAmt
Loans From Officers BOY$6,103LoansFromOfficersBOYAmt
Loans From Officers EOY$6,103LoansFromOfficersEOYAmt
Total Liabilities BOY$6,103TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,103TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$7,560,927UnrestrictedBOYAmt
Unrestricted EOY$7,231,277UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$7,560,927TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,231,277TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,567,030TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,237,380TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,560,927TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$329,650ExcessRevenueOverExpensesAmt
Subtotal$7,231,277SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,231,277TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$297,200AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$5,710,102NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.052048DistributionYr1Rt
Adjusted Qlfy Distri Yr2$162,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$3,071,174NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.052749DistributionYr2Rt
Adjusted Qlfy Distri Yr3$81,500AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,793,221NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.045449DistributionYr3Rt
Net Vl Noncharitable Assets Yr4$1,791,764NetVlNoncharitableAssetsYr4Amt
Total Distribution0.150246TotalDistributionRt
Average Distribution0.050082AverageDistributionRt
Net Vl Noncharitable Assets$4,164,357NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$208,559AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$208,559AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$327,700QualifyingDistributionsAmt

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 ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksBRITTANY REGERIndividualWithBooksNm
Phone6517559504PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13565 FREDERICK STREETAddressLine1Txt
CityORONOCityNm
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 STORONOMN55391PRESIDENT1.00$0$0$0
BRITTANY REGER
3565 FREDERICK STORONOMN55391DIRECTOR1.00$0$0$0
JOSEPH REGER
3038 1/2 R STREET NWWASHINGTONDC20007DIRECTOR1.00$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$3,783,714AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$444,060AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$4,227,774TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$4,227,774AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$63,417CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,164,357NetVlNoncharitableAssetsAmt
Minimum Investment Return$208,218MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$208,218MinimumInvestmentReturnAmt
Distributable Before Adj$208,218DistributableBeforeAdjAmt
Distributable Before Ded$208,218DistributableBeforeDedAmt
Distributable As Adjusted$208,218DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$327,700ExpensesAndContributionsAmt
Qualifying Distributions$327,700QualifyingDistributionsAmt
Adjusted Qualifying Distri$327,700AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$208,218DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$8,293ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$8,293TotalExcessDistributionCyovAmt
Qualifying Distributions$327,700QualifyingDistributionsAmt
Applied To Current Year$208,218AppliedToCurrentYearAmt
Remaining Distri From Corpus$119,482RemainingDistriFromCorpusAmt
Total Corpus$127,775TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$127,775ExcessDistriCyovToNextYrAmt
Excess From Year1$8,293ExcessFromYear1Amt
Excess From Current Year$119,482ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
PACER CENTER INC
8161 NORMANDALE BLVDMINNEAPOLISMN55437CHARITABLE$5,000
WATCH
608 SECOND AVE SOUTH 465MINNEAPOLISMN55402CHARITABLE$5,000
CHILDREN'S THEATRE COMPANY
2400 THIRD AVENUE SOUTHMINNEAPOLISMN55404CHARITABLE$2,000
HENNEPIN THEATRE TRUST
615 HENNEPIN AVE 140MINNEAPOLISMN55403CHARITABLE$2,500
JDRF
26 BROADWAYNEW YORKNY10004CHARITABLE$1,000
ORDWAY CENTER FOR PERFORMING ARTS
345 WASHINGTON STREETST PAULMN55102CHARITABLE$2,500
ORONO FOUNDATION FOR EDUCATION
POB 124MAPLE PLAINMN55359CHARITABLE$250,000
SMILE NETWORK
211 NORTH FIRST STREETMINNEAPOLISMN55401CHARITABLE$1,500STE 150
ST MARY'S COLLEGE
LE MANS HALLNOTRE DAMEIN46556CHARITABLE$2,500
WAYZATA COMMUNITY CHURCH NURSERY SC
125 WAYZATA BLVD EWAYZATAMN55391CHARITABLE$10,500
WAYZATA FREE CHURCH
705 COUNTY ROAD 101PLYMOUTHMN55447CHARITABLE$5,000
WALKER ART CENTER
1750 HENNEPIN AVEMINNEAPOLISMN55403CHARITABLE$15,000
GREATER SANTA BARBARA ICE SKATING A
831 STATE STSANTA BARBARACA93101CHARITABLE$12,500
ORONO BASEBALL ASSOCIATION
PO BOX 338MAPLE PLAINMN55359CHARITABLE$1,000
MINNESOTA PUBLIC RADIO
480 CEDAR STREETST PAULMN55101CHARITABLE$1,200
NEWBORN FOUNDATION
213 E 4TH STREETST PAULMN55101CHARITABLE$5,000
LIFETIME FOUNDATION
2902 CORPORATE PLACECHANHASSENMN55317CHARITABLE$5,000
HEIFER INTERNATIONAL
1 WORLD AVELITTLE ROCKAR72202CHARITABLE$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$327,700TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$85ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$85ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$85TotalIncomeProducingActyAmt

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$1,570Amt
Net Investment Income$1,570NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
40,000 SHS NORTHERN OIL & GAS$921,600$226,000
1,576,700 SHS DAKOTA PLAINS$5,974,800$2,774,992

Loans From Officers Schedule LoansFromOfficersSchedule

Loans From Officer LoansFromOfficerGrp

FieldValueIRS element (for citing)
Lender PersonMICHAEL REGERLenderPersonNm
TitlePRESIDENTTitleTxt
Loan Original$2,322LoanOriginalAmt
Balance Due$6,103BalanceDueAmt
Repayment TermsDEMANDRepaymentTermsTxt
Loan PurposeEXPENSES PAID BEFORE CHECKING OPENLoanPurposeTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
ANNUAL RENEWAL - MN$25$25
INVESTMENT FEES$440$440

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
MICHAEL BRITTANY REGER
3565 FREDERICK STREETORONOMN55391
JOHN M REGER
3565 FREDERICK STREETORONOMN55391
WILLISTON REGER
3565 FREDERICK STREETORONOMN55391

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.