MICHAEL AND BRITTANY REGER FAMILY FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MICHAEL AND BRITTANY REGER FAMILY FOUNDATION (EIN 27-4434063)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-08
- IRS object ID
- 201232219349100008
- Schema version
- 2011v1.2
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Compensation Explanation
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Loans From Officers Schedule
- Other Expenses Schedule
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-08T11:17:10-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CUMMINGS KEEGAN & CO PLLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 HIGHWAY 169 SOUTH STE 1625 | AddressLine1 |
| City | ST LOUIS PARK | City |
| State | MN | State |
| ZIP Code | 554261209 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274434063 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL & BRITTANY REGER FAMILY FDN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MICH | NameControl |
| Phone | 6517559504 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3565 FREDERICK STREET | AddressLine1 |
| City | ORONO | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL REGER | Name |
| Title | PRESIDENT | Title |
| Phone | 6517559504 | Phone |
| Date Signed | 2012-05-16 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARYGEN HOEHN REUTZEL | Name |
| Phone | 9523452500 | Phone |
| Date Prepared | 2012-05-16 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 5098515 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 4258800 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 6 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 6 | InterestOnSavingsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 12345 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 242745 | GrossSalesPrice |
| Total Revenue And Expenses | 4271151 | TotalRevenueAndExpenses |
| Total Net Investment Income | 6 | TotalNetInvestmentIncome |
| Legal Fees Rev And Expnss | 1500 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 1500 | LegalFeesNetInvstIncm |
| Accounting Fees Rev And Expnss | 750 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 750 | AccountingFeesNetInvstIncm |
| Other Expenses Rev And Expnss | 1002 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 1002 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 3252 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 3252 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 81500 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 81500 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 84752 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 3252 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 81500 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 4186399 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | 160321 | CashEOY |
| Cash EOYFMV | 160321 | CashEOYFMV |
| Investments Corp Stock BOY | 1805475 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 5833875 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 4938194 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 1805475 | TotalAssetsBOY |
| Total Assets EOY | 5994196 | TotalAssetsEOY |
| Total Assets EOYFMV | 5098515 | TotalAssetsEOYFMV |
| Loans From Officers EOY | 2322 | LoansFromOfficersEOY |
| Total Liabilities EOY | 2322 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 1805475 | UnrestrictedBOY |
| Unrestricted EOY | 5991874 | UnrestrictedEOY |
| Total Net Assets BOY | 1805475 | TotalNetAssetsBOY |
| Total Net Assets EOY | 5991874 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 1805475 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 5994196 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1805475 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 4186399 | ExcessOfRevenueOverExpenses |
| Subtotal | 5991874 | Subtotal |
| Total Net Assets Fund Balances EOY | 5991874 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Noncharitable Assets Year1 | 1791764 | NoncharitableAssetsYear1 |
| Net Noncharitable Assets | 1793221 | NetNoncharitableAssets |
| Adj Nonchrtbl Assets And One | 0 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 81500 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | MN | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | true | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | BRITTANY REGER | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 6517559504 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3565 FREDERICK STREET | AddressLine1 |
| City | ORONO | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| MICHAEL REGER | ||||||||
| 3565 FREDERICK ST | ORONO | MN | 55391 | PRESIDENT | 1.00 | 0 | 0 | 0 |
| BRITTANY REGER | ||||||||
| 3565 FREDERICK ST | ORONO | MN | 55391 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| JOSEPH REGER | ||||||||
| 3038 1/2 R STREET NW | WASHINGTON | DC | 20007 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 1789530 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 30999 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1820529 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 1820529 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 27308 | CashDeemedCharitable |
| Net Noncharitable Assets | 1793221 | NetNoncharitableAssets |
| Minimum Investment Return | 89661 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 89661 | MinimumInvestmentReturn |
| Distributable Amount Before Adj | 89661 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 89661 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 89661 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 81500 | ExpensesAndContributions |
| Qualifying Distributions | 81500 | QualifyingDistributions |
| Adj Qualifying Distributions | 81500 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 89661 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 3682 | UndistributedIncomePriorYear |
| Qualifying Distributions | 81500 | QualifyingDistributions |
| Applied To Year1 | 3682 | AppliedToYear1 |
| Applied To Current Year | 77818 | AppliedToCurrentYear |
| Undistributed Income CY | 11843 | UndistributedIncomeCY |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL BRITTANY REGER | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (8 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|
| YOUNGLIFE | |||||
| PO BOX 520 | COLORADO SPRINGS | CO | 80901 | CHARITABLE | $25,000 |
| CHILDREN'S THEATRE COMPANY | |||||
| 2400 THIRD AVENUE SOUTH | MINNEAPOLIS | MN | 55404 | CHARITABLE | $2,000 |
| ALZHEIMER'S ASSOCIATION | |||||
| 225 N MICHIGAN AVE FL 17 | CHICAGO | IL | 60601 | CHARITABLE | $2,000 |
| HENNEPIN THEATRE TRUST | |||||
| 615 HENNEPIN AVE 140 | MINNEAPOLIS | MN | 55403 | CHARITABLE | $2,500 |
| TREEHOUSE | |||||
| 5666 LINCOLN DR STE 201 | EDINA | MN | 55436 | CHARITABLE | $5,000 |
| ORDWAY CENTER FOR PERFORMING ARTS | |||||
| 345 WASHINGTON STREET | ST PAUL | MN | 55102 | CHARITABLE | $2,500 |
| CHILDREN'S FOUNDATION | |||||
| 2910 CENTRE POINTE DRIVE | ROSEVILLE | MN | 55113 | CHARITABLE | $2,500 |
| CLYDEHURST CHRISTIAN RANCH | |||||
| 328 S SHILOH RD STE 1 | BILLINGS | MT | 59106 | CHARITABLE | $40,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 81500 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $6 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 1 | ExclusionCode |
| Exclusion | $12,345 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $12,351 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 12351 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | MICHAEL BRITTANY REGER | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3565 FREDERICK STREET | AddressLine1 |
| City | ORONO | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 4258800 | AggregateContributions |
| Noncash Contribution Type | X | NoncashContributionType |
Noncash Property NoncashProperty (2 entries)
| Contributor Number From Part IContributorNumberFromPartI | Noncash Property DescriptionNoncashPropertyDescription | Fair Market ValueFairMarketValue | Date ReceivedDateReceived |
|---|---|---|---|
| 1 | 50,000 SHS NORTHERN OIL & GAS | 1152000 | 2011-09-22 |
| 1 | 776,700 SHS DAKOTA PLAINS, INC | 3106800 | 2011-12-31 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CKCO | Category |
| Amount | $750 | Amount |
| Net Investment Income | 750 | NetInvestmentIncome |
Compensation Explanation CompensationExplanation
Compensation Compensation (3 entries)
| MICHAEL REGER |
| BRITTANY REGER |
| JOSEPH REGER |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset (2 entries)
| NameName | Date AcquiredDateAcquired | How AcquiredHowAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | BasisBasis | Total NetTotalNet |
|---|---|---|---|---|---|---|
| 5000 SHS NORTHERN OIL & GAS | 2011-09 | DONATION | 2011-11 | 125426 | 115200 | 10226 |
| 5000 SHS NORTHERN OIL & GAS | 2011-09 | DONATION | 2011-11 | 117319 | 115200 | 2119 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (3 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 339,375 SHS VOYAGER OIL & GAS | 1805475 | 872194 |
| 40,000 SHS NORTHERN OIL & GAS | 921600 | 959200 |
| 776,700 SHS DAKOTA PLAINS | 3106800 | 3106800 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FAERGE & BENSON | Category |
| Amount | $1,500 | Amount |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lenders Name | MICHAEL REGER | LendersName |
| Lenders Title | PRESIDENT | LendersTitle |
| Original Amount Of Loan | 2322 | OriginalAmountOfLoan |
| Balance Due | 2322 | BalanceDue |
| Repayment Terms | DEMAND | RepaymentTerms |
| Purpose Of Loan | EXPENSES PAID BEFORE CHECKING OPEN | PurposeOfLoan |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| EXPENSES | ||
| OFFICE EXPENSE | 47 | 47 |
| ANNUAL RENEWAL - S.O.S. | 25 | 25 |
| TAX EXEMPT FILING FEE | 850 | 850 |
| INVESTMENT FEES | 80 | 80 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | MICHAEL BRITTANY REGER | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3565 FREDERICK STREET | AddressLine1 |
| City | ORONO | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
Comments