Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
WEGENER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 18335
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OKLAHOMA CITY, OK731540335
A Employer identification number

73-6095407
B Telephone number (see instructions)

(405) 235-8455
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$7,615,977J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 85,752 85,752  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 11,651
b Gross sales price for all assets on line 6a 594,122
7 Capital gain net income (from Part IV, line 2)... 11,651
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 421,900 421,900 0
12 Total. Add lines 1 through 11........ 519,303 519,303 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 42,000 31,080 0 10,920
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 8,034 6,025 0 2,009
b Accounting fees (attach schedule)....... Click to see attachment 13,930 10,447 0 3,483
c Other professional fees (attach schedule).... Click to see attachment 25,000 25,000 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 45,631 28,780 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 148 111 0 37
23 Other expenses (attach schedule)....... Click to see attachment 11,351 8,513 0 2,838
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 146,094 109,956 0 19,287
25 Contributions, gifts, grants paid....... 516,000 516,000
26 Total expenses and disbursements. Add lines 24 and 25 662,094 109,956 0 535,287
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -142,791
b Net investment income (if negative, enter -0-) 409,347
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 557,529 250,694 250,694
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,641,479 Click to see attachment2,812,079 4,512,016
c Investments—corporate bonds (attach schedule)....... 488,445 Click to see attachment388,700 421,863
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 320,703 Click to see attachment413,892 2,431,021
14 Land, buildings, and equipment: basis bullet35,679
Less: accumulated depreciation (attach schedule) bullet35,679      
15 Other assets (describe bullet) Click to see attachment383 Click to see attachment383 Click to see attachment383
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,008,539 3,865,748 7,615,977
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 1,081,059 1,081,059
28 Retained earnings, accumulated income, endowment, or other funds 2,927,480 2,784,689
29 Total net assets or fund balances (see instructions)..... 4,008,539 3,865,748
30 Total liabilities and net assets/fund balances (see instructions). 4,008,539 3,865,748
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,008,539
2
Enter amount from Part I, line 27a .....................
2
-142,791
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,865,748
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,865,748
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a DEVON ENERGY CORP     2020-01-03
b NATIONAL OILWELL VARCO INC     2020-01-03
c CARNIVAL CORP     2020-01-23
d GENERAL MTRS CO     2020-01-23
e FEDERATED FLOATING RATE STRAT INC     2020-03-11
AMERICAN BEACON LARGE VALUE INST     2020-03-18
VANGUARD 500 INDEX ADMIRAL     2020-03-18
VANGUARD GROWTH INDEX ADMIRAL     2020-03-18
VANGUARD EMERG MKTS STOCK INDEX ADM     2020-03-18
VANGUARD MID CAP VAULE INDEX ADMIRAL     2020-03-18
AMERICAN FUNDS WUROPACIFIC GROWTH FUND     2020-03-23
WELLS FARGO CO     2020-04-07
PHILIP MORRIS INTERNATIONAL INC     2020-04-07
VANGUARD REAL ESTATE ETF     2020-04-07
VANGUARD MATERIALS ETF     2020-04-07
PFIZER INC     2020-04-07
FIDELITY REAL ESTATE INDEX     2020-04-29
JP MORGAN CHASE & CO     2020-05-26
AMERICAN BEACON LARGE VALUE INST     2020-06-29
DODGE & COX STOCK     2020-06-29
VANGUARD GROWTH INDEX ADMIRAL     2020-06-29
CAUSEWAY INTERNATIONAL VALUE INST     2020-06-30
VANGUARD SMALL CAP GROWTH INDEX ADM     2020-06-30
VANGUARD DEVELOPED MARKETS INDEX ADM     2020-06-30
VANGUARD GROWTH INDEX ADMIRAL     2020-06-30
VANGUARD 500 INDEX ADMIRAL     2020-06-30
EBAY INC     2021-08-01
SHORT TERM ADJUSTMENT     2020-03-27
LONG TERM ADJUSTMENT     2020-03-27
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,952   19,674 -11,722
b 5,231   14,595 -9,364
c 15,412   14,569 843
d 19,273   18,114 1,159
e 72,236   75,000 -2,764
9,786   16,006 -6,220
7,602   7,048 554
7,038   5,192 1,846
515   703 -188
8,321   9,487 -1,166
106,118   110,000 -3,882
9,093   17,017 -7,924
11,970   4,440 7,530
18,285   15,810 2,475
11,194   13,511 -2,317
16,808   15,365 1,443
29,184   36,038 -6,854
75,000   75,000 0
10,114   13,051 -2,937
6,290   7,741 -1,451
11,913   6,623 5,290
2,371   3,136 -765
215   189 26
1,309   1,514 -205
11,677   6,251 5,426
3,348   2,570 778
76,919   74,265 2,654
      426
      12
38,948     38,948
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -11,722
b       -9,364
c       843
d       1,159
e       -2,764
      -6,220
      554
      1,846
      -188
      -1,166
      -3,882
      -7,924
      7,530
      2,475
      -2,317
      1,443
      -6,854
      0
      -2,937
      -1,451
      5,290
      -765
      26
      -205
      5,426
      778
      2,654
      426
      12
      38,948
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 11,651
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 5,690
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 5,690
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,690
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,310
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,310 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOK
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWEGENER FOUNDATION INC Telephone no.bullet (405) 235-8455

    Located atbulletP O BOX 18335OKLAHOMA CITYOK ZIP+4bullet73154
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARK WEGENER TRUSTEE
    1.00     		7,000 0 0
    PO BOX 700247
    OKLAHOMA CITY,OK73107
    LEE HOLMES PRESIDENT
    1.00     		7,000 0 0
    3409 HICKORY STICK ROAD
    OKLAHOMA CITY,OK73120
    EC WEGENER EC WEGENER TRUSTEE
    1.00     		7,000 0 0
    PO BOX 177
    MINCO,OK73059
    RODNEY WEGENER TRUSTEE
    1.00     		7,000 0 0
    743 CR 1150
    MINCO,OK73059
    JEFF WEGENER VP/TREASURER
    1.00     		7,000 0 0
    3213 BROOKHOLLOW ROAD
    OKLAHOMA CITY,OK73120
    KAY WOLFARD TRUSTEE
    1.00     		7,000 0 0
    863 PORTSDOWN RD
    BALLWIN,MO63011
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,422,348
    b
    Average of monthly cash balances.......................
    1b
    490,294
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,981,077
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,893,719
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,893,719
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    103,406
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,790,313
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    339,516
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    339,516
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,690
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,690
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    333,826
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    333,826
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    333,826
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    535,287
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    535,287
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    535,287
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 333,826
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 15,865
    b From 2016...... 36,923
    c From 2017...... 31,371
    d From 2018...... 19,078
    e From 2019...... 235,552
    fTotal of lines 3a through e........ 338,789
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 535,287
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 333,826
    e Remaining amount distributed out of corpus 201,461
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 540,250
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		15,865
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		524,385
    10 Analysis of line 9:
    a Excess from 2016.... 36,923
    b Excess from 2017.... 31,371
    c Excess from 2018.... 19,078
    d Excess from 2019.... 235,552
    e Excess from 2020.... 201,461
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    WEGENER FOUNDATION INC
    PO BOX 18335
    OKLAHOMA CITY,OK731540335
    (405) 235-8455
    bThe form in which applications should be submitted and information and materials they should include:
    A LETTER STATING AMOUNT AND PURPOSE OF GRANT DESIRED
    cAny submission deadlines:
    SEPTEMBER 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    A CHANCE TO CHANGE
    5228 CLASSEN CIRCLE
    OKLAHOMA CITY,OK73118     		PUBLIC CHARITY CHARITABLE ASSISTANCE 8,000
    ANNA'S HOUSE FOUNDATION
    3001 E MEMORIAL RD 200
    EDMOND,OK73013     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    ASPIRING ATTITUDES
    8014 N WESTERN AVE C
    OKLAHOMA CITY,OK73114     		PUBLIC CHARITY CHARITABLE ASSISTANCE 15,000
    BETHEL FOUNDATION
    13003 N WESTERN AVE
    OKLAHOMA CITY,OK73114     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    BIG BROTHERS BIG SISTERS
    224 NW 10TH ST
    OKLAHOMA CITY,OK73103     		PUBLIC CHARITY CHARITABLE ASSISTANCE 8,000
    BOY'S RANCH TOWN
    5100 E 33RD ST
    EDMOND,OK73013     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    BRITVIL FOOD PANTRY
    8717 N WESTERN AVE
    OKLAHOMA CITY,OK73114     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    CALM WATERS CENTER
    3525 NW 56TH
    OKLAHOMA CITY,OK73112     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    CARE CENTER
    1403 N ASHTON PL
    OKLAHOMA CITY,OK73117     		PUBLIC CHARITY CHARITABLE ASSISTANCE 12,000
    CASA-GRADY COUNTY
    401 W CHICKASAHA AVE
    CHICKASHA,OK73018     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    CENTER OF FAMILY LOVE
    635 TEXAS AVE
    CHICKASHA,OK73762     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    CIRCLE OF CARE INC
    1501 NW 24TH ST
    OKLAHOMA CITY,OK73106     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    CITY CARE
    2400 GENERAL PERSHING BLVD
    OKLAHOMA CITY,OK73107     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    CITY RESCUE MISSION
    800 W CALIFORNIA AVE
    OKLAHOMA CITY,OK73106     		PUBLIC CHARITY CHARITABLE ASSISTANCE 11,000
    COFFEE CREEK RIDING CENTER
    17 E COFFEE CREEK RD
    EDMOND,OK73034     		PUBLIC CHARITY CHARITABLE ASSISTANCE 6,000
    DAILY LIVING CENTERS
    3200 NW 48TH
    OKLAHOMA CITY,OK73112     		PUBLIC CHARITY CHARITABLE ASSISTANCE 6,000
    DALE ROGERS TRAINING
    2501 N UTAH
    OKLAHOMA CITY,OK73107     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    DESTINY CHRISTIAN SCHOOL
    3909 SE 29TH ST DEL CITY
    DEL CITY,OK73115     		PUBLIC CHARITY CHARITABLE SCIENCE LAB SUPPLIES 5,000
    EAST GATE FOUNDATION
    PO BOX 238
    MINCO,OK73059     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    EDEN CLINIC
    6520 E RENO AVE
    MIDWEST CITY,OK73110     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    FAMILY BUILDERS
    415 NW 5TH STREET
    OKLAHOMA CITY,OK73102     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    FREEDOM SCHOOL
    PO BOX 54364
    OKLAHOMA CITY,OK73154     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    GIRL SCOUTS OF WESTERN OK
    6100 N ROBINSON AVE
    OKLAHOMA CITY,OK73118     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    GOOD SHEPHERD CLINIC
    222 NW 12TH ST
    OKLAHOMA CITY,OK73103     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    HEALTH ALLIANCE FOR THE UNINSURED
    3000 UNITED FOUNDERS BLVD 244
    OKLAHOMA CITY,OK73112     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    HEARTS FOR HEARING
    3525 NW 56TH
    OKLAHOMA CITY,OK73112     		PUBLIC CHARITY CHARITABLE ASSISTANCE 20,000
    HOPE IS ALIVE MINISTRIES
    3009 BROOKHOLLOW ROAD
    OKLAHOMA CITY,OK73120     		PUBLIC CHARITY CHARITABLE ASSISTANCE/INSPRING LUNCH 22,000
    INFANT CRISIS SERVICE
    1933 NW 39TH
    OKLAHOMA CITY,OK73118     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    LEGAL AID SERVICES
    2915 N CLASSEN BLVD
    OKLAHOMA CITY,OK73154     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    LIMBS FOR LIFE FOUNDATION
    218 E MAIN ST
    OKLAHOMA CITY,OK73104     		PUBLIC CHARITY CHARITABLE ASSISTANCE 20,000
    LITTLE LIGHT MINISTRIES
    PO BOX 720323
    OKLAHOMA CITY,OK73172     		PUBLIC CHARITY CHARITABLE ASSISTANCE 20,000
    NEIGHBORHOOD SERVICES
    1320 N CLASSEN DR SUITE 200
    OKLAHOMA CITY,OK73103     		PUBLIC CHARITY CHARITABLE ASSISTANCE/ PALO DURO 25,000
    NEW VIEW OKLAHOMA
    501 N DOUGLAS AVE
    OKLAHOMA CITY,OK73106     		PUBLIC CHARITY CHARITABLE ASSISTANCE 15,000
    OKC COMPASSION INC
    1121 N PENN AVE
    OKLAHOMA CITY,OK73107     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    OKLAHOMA FOUNDATION
    120 N ROBINSON AVE 1420-W
    OKLAHOMA CITY,OK73102     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    OKLAHOMA MESSAGES PROJECT
    1409 NW 150TH
    EDMOND,OK73013     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    OKLAHOMA WONDERTORIUM
    308 WEST FRANKLIN LANE
    STILLWATER,OK74075     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    PARENT PROMISE
    437 NW 12TH
    OKLAHOMA CITY,OK73103     		PUBLIC CHARITY CHARITABLE ASSISTANCE 15,000
    PEPPER'S RANCH
    209 FRENCH PARK PL
    EDMOND,OK73034     		PUBLIC CHARITY CHARITABLE ASSISTANCE 15,000
    PIVOT INC
    201 NE 50TH ST
    OKLAHOMA CITY,OK73105     		PUBLIC CHARITY CHARITABLE ASSISTANCE 15,000
    POSITIVE TOMORROWS
    PO BOX 61190
    OKLAHOMA CITY,OK73146     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    RAIN-REGIONAL AIDS
    5001 N PENNSYLVANIA SUITE 100
    OKLAHOMA CITY,OK73112     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    REGIONAL FOOD BANK
    PO BOX 26306
    OKLAHOMA CITY,OK73126     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    RESTORE OKC
    2222 NE 27TH ST
    OKLAHOMA CITY,OK73111     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    SHEPHERDS OF LOVE
    PO BOX 5043
    EDMOND,OK73083     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    SHILOH SUMMER CAMP
    601 NE 63RD STREET
    OKLAHOMA CITY,OK73105     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    SPECIAL CARE
    12201 N WESTERN AVE
    OKLAHOMA CITY,OK73114     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    SUNBEAM FAMILY SERVICES
    2662 SW 41ST
    OKLAHOMA CITY,OK73119     		PUBLIC CHARITY CHARITABLE GRANDPARENTS RAISING 13,000
    TEEM
    14 NE 13TH STREET
    OKLAHOMA CITY,OK73104     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    TGH EDUCATION FOUNDATION
    PO BOX 18335
    OKLAHOMA CITY,OK73154     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    THE CHILDREN'S CENTER
    6800 NORTHWEST EXPRESSWAY
    BETHANY,OK73008     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    THE LITTLE LIGHT HOUSE
    5120 E 36TH STREET
    TULSA,OK74135     		PUBLIC CHARITY CHARITABLE ASSISTANCE 10,000
    THE RIGHT PATH
    16620 OLD SHAMROCK HWY
    DRUMRIGHT,OK74030     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    THEATRE TULSA
    412 N BOSTON AVE
    TULSA,OK74103     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    URBAN MISSIONS
    3737 N PORTLAND AVE
    OKLAHOMA CITY,OK73112     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    WHITE HORSE OUTREACH FOUNDATION
    209 MAIN STREET
    MOORELAND,OK73852     		PUBLIC CHARITY CHARITABLE ASSISTANCE 5,000
    Total .................................bullet 3a 516,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 85,752  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     15 421,900  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 11,651  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 519,303 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    519,303
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    WEGENER FOUNDATION INC
    EIN:
    73-6095407
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 13,930 10,447 0 3,483

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    WEGENER FOUNDATION INC
    EIN:
    73-6095407
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC NOTE 2.900% 11/06/22 74,183 78,456
    ANGEL OAK FDS TR MULTI STR INSTL 75,000 70,308
    DELAWARE VALUE FUND - I 76,624 81,465
    DODGE & COX INTERNATIONAL STOCK FUND 26,000 24,394
    DOUBLELINE LOW DURATION BOND 71,853 71,494
    EATON VANCE SHORT DURATION GOVT INCOME FUND I 29,681 29,644
    HOOD RIVER SMALL CAP GROWTH INST 35,359 66,102

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    WEGENER FOUNDATION INC
    EIN:
    73-6095407
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 30,938 41,059
    ABBVIE INC COM 15,034 43,396
    ACCENTURE PLC A 31,082 42,577
    ALPHABET INC CAP STK CL C 38,384 96,353
    AMAZON INC 15,950 16,285
    AMERICAN FUNDS EUROPACIFIC GROWTH F3 44,673 53,937
    AMERICAN TOWER CORP 17,602 17,957
    APPLE INC COM 28,017 206,996
    AUTOMATIC DATA PROCESSING INC 31,201 34,183
    BAIRD MIDCAP INST 74,921 95,069
    BARCLAYS ETN+ SHILLER CAPET 100,891 170,969
    BECTON DICKINSON & CO 16,991 17,515
    BRANDES INSTITUTIONAL INTERNATIONAL EQUITY FD 26,350 25,386
    CAPITAL ONE FINL CORP COM 13,025 19,770
    CARRIER GLOBAL CORPORATION COM 25,165 25,046
    CATERPILLAR INC DEL COM 12,723 38,406
    CAUSEWAY INTERNATIONAL VALUE 66,793 74,093
    CHEVRON CORP NEW COM 12,995 10,556
    CROWN HOLDINGS INC 39,629 40,781
    CVS HEALTH CORP 25,192 17,553
    DANAHER CORP DEL COM 5,080 63,310
    DELTA AIR LINES INC DEL COM NEW 9,813 8,042
    DISNEY WALT CO COM 8,986 32,612
    DODGE & COX STOCK 35,080 39,502
    DR HORTON 7,800 9,649
    EXXON MOBIL CORP COM 6,482 6,678
    FACEBOOK INC CL A 19,321 40,974
    GILEAD SCIENCES INC COM 6,439 21,556
    GLOBAL PAYMENTS INC 9,939 10,771
    HARBOR CAPITAL APPRECIATION #2012 113,091 185,906
    ILLINOIS TOOL WKS INC COM 6,749 30,378
    INTEL CORP COM 20,020 21,722
    INTERCONTINENTAL EXCHANGE IN COM 6,207 29,975
    INVESCO INTERNATIONAL GROWTH R5 25,606 24,481
    INVESCO S&P 500 EQUAL WEIGHT ETF 49,924 50,251
    ISHARES BARCLAYS 13 YEAR TREASURY INDEX 50,274 51,828
    ISHARES TR INDEX BARCLYS TIPS BD 73,609 80,420
    ISHARES TR MSCI SMALL CAP 59,144 82,020
    JOHNSON & JOHNSON COM 10,516 30,689
    JP MORGAN CHASE & CO COM 19,410 41,933
    LAZARD EMERGING MARKETS EQUITY 54,002 55,457
    LOCKHEED MARTIN CORP 8,518 7,100
    MARSH & MCLENNAN COS INC 17,731 21,060
    MCDONALDS CORP COM 2,654 21,673
    MERCK & CO 15,952 17,178
    METLIFE INC COM 15,504 19,813
    MICRON TECHNOLOGIES INC 17,115 17,818
    MICROSOFT CORP COM 22,688 157,918
    NORTHERN SMALL CAP VALUE FUND 56,170 57,826
    NORTHERN SMALL CAP VALUE FUND 36,053 33,810
    PNC FINANCIAL SERVICES GROUP INC 15,483 16,688
    PRICE T ROWE INSTL INTL FDS EMERG MK EQ FD 70,000 106,583
    PROCTER & GAMBLE CO COM 8,505 31,863
    QUALCOMM INC COM 34,124 86,834
    ROYCE INTERNATIONAL PREMIER 80,795 103,352
    SHERWIN WILLIAMS CO 12,537 22,047
    STARBUCKS CORP 23,578 26,745
    THERMO FISHER SCIENTIFIC INC 48,651 49,373
    TRUIST FINANCIAL CORPORATION 18,661 23,965
    UNITED PARCEL SERVICE INC CL B 12,684 31,996
    VALERO ENERGY CORP NEW COM 5,366 5,657
    VANGUARD 500 INDEX FUND - ADM #540 77,670 140,203
    VANGUARD 500 INDEX FUND ADMIRAL 108,379 199,275
    VANGUARD DEVELOPED MARKETS INDEX ADM 35,894 47,205
    VANGUARD EMERG MKTS STOCK INDEX ADM 20,622 24,228
    VANGUARD FTSE DEVELOPED MARKETS ETF 102,731 161,694
    VANGUARD GROWTH INDEX ADMIRAL 24,398 62,120
    VANGUARD HIGH DVD YIELD EFT 63,633 84,921
    VANGUARD INDEX FDS MDCAP INDEX ADM 60,000 99,412
    VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 175,712 245,790
    VANGUARD MID-CAP INDEX - ADM #5859 30,000 48,280
    VANGUARD MID-CAP VALUE INDEX ADMIRAL 45,910 61,659
    VANGUARD SMALL CAP INDEX - ADM #548 46,095 74,782
    VANGUARD SMALL CAP INDEX FD ADMIRAL SHARES 29,210 124,014
    VANGUARD WORLD FDS TELCOMM ETF 13,618 29,449
    VANGUARD WORLD FDS UTILITIES ETF 25,458 36,363
    VULCAN MATERIALS CO 15,635 15,424
    WALMART STORES INC COM 13,946 39,353
    WCM FOCUSED EMERGING MARKETS INSTL 45,000 45,715
    WCM SMALL CAP GROWTH INSTITUTIONAL 45,000 44,906
    WELLS FARGO SPECIAL SMALL VALUE INST 30,632 38,769
    ZIMMER BIOMET HLDGS INC COM 14,719 23,114

    TY 2020 InvestmentsOtherSchedule2
    Name:
    WEGENER FOUNDATION INC
    EIN:
    73-6095407
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MINERAL RIGHTS AT COST 26,469 1,981,077
    VANGUARD EMERGING MARKETS BOND AT COST 49,840 54,350
    VANGUARD FIXED INCOME SECS F STRM INVGRA AD AT COST 185,000 191,051
    VANGUARD GLOBAL EXU S REAL ESTATE ETF AT COST 39,567 38,832
    VANGUARD SMALL-CAP GROWTH INDEX ADMIRAL AT COST 14,166 21,962
    VANGUARD SMALL-CAP VALUE INDEX ADMIRAL AT COST 98,850 143,749

    TY 2020 LegalFeesSchedule
    Name:
    WEGENER FOUNDATION INC
    EIN:
    73-6095407
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 8,034 6,025 0 2,009


    TY 2020 OtherAssetsSchedule
    Name:
    WEGENER FOUNDATION INC
    EIN:
    73-6095407
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ORGANIZATION COST 204 204 204
    OTHER ASSETS 179 179 179


    TY 2020 OtherExpensesSchedule
    Name:
    WEGENER FOUNDATION INC
    EIN:
    73-6095407
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 468 351 0 117
    CONTRACT LABOR 10,848 8,136 0 2,712
    BANK FEES 35 26 0 9


    TY 2020 OtherIncomeSchedule2
    Name:
    WEGENER FOUNDATION INC
    EIN:
    73-6095407
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTIES 421,900 421,900  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    WEGENER FOUNDATION INC
    EIN:
    73-6095407
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 25,000 25,000 0 0


    TY 2020 TaxesSchedule
    Name:
    WEGENER FOUNDATION INC
    EIN:
    73-6095407
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GROSS PRODUCTION TAX 28,318 28,318 0 0
    FOREIGN TAX 134 134 0 0
    PROPERTY TAXES 328 328 0 0
    FEDERAL TAXES 16,851 0 0 0