Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$13,638,320J 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 right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 160,443 160,443  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,121
b Gross sales price for all assets on line 6a 594,157
7 Capital gain net income (from Part IV, line 2)... 5,121
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
List of Attached Documents:
// Content
1,824,963 1,824,963 0
12 Total. Add lines 1 through 11........ 1,990,527 1,990,527 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 25,000 18,500 0 6,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,023 4,517 0 1,506
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
85,731 44,158 0 41,573
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
143,704 124,828 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
226 170 0 56
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 260,684 192,173 0 49,635
25 Contributions, gifts, grants paid....... 397,000 397,000
26 Total expenses and disbursements. Add lines 24 and 25 657,684 192,173 0 446,635
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,332,843
b Net investment income (if negative, enter -0-) 1,798,354
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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......... 1,923,262 1,288,420 1,288,420
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
486,340 		494,813
b Investments—corporate stock (attach schedule)....... 2,791,456 Click to see attachment
List of Attached Documents:
// Content
3,171,524 		5,433,413
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
1,127,609 		1,147,822
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 158,597 Click to see attachment
List of Attached Documents:
// Content
158,597 		5,273,469
14 Land, buildings, and equipment: basis right arrow35,679
Less: accumulated depreciation (attach schedule) right arrow35,679      
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
383 		Click to see attachment
List of Attached Documents:
// Content
383 		Click to see attachment
List of Attached Documents:
// Content
383
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,873,698 6,232,873 13,638,320
Liabilities 17 Accounts payable and accrued expenses.......... 1,000 0
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 1,000 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 3,791,639 5,151,814
29 Total net assets or fund balances (see instructions)..... 4,872,698 6,232,873
30 Total liabilities and net assets/fund balances (see instructions). 4,873,698 6,232,873
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
4,872,698
2
Enter amount from Part I, line 27a .....................
2
1,332,843
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
27,332
4
Add lines 1, 2, and 3 ..........................
4
6,232,873
5
Decreases not included in line 2 (itemize) right arrow
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
6,232,873
Form 990-PF (2023)
Form 990-PF (2023)
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 PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(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 589,036   589,036 0
b 5,121     5,121
c
d
e
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       0
b       5,121
c
d
e
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 5,121
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
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 right arrow 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) 1 24,997
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 24,997
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 24,997
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 14,840
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 14,840
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 313
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 10,470
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOK
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressright arrowHTTPS://FMIOKC.COM/CLIENTS/WEGENER-FOUNDATION/
14
The books are in care ofright arrowFOUNDATION MANAGEMENT INC Telephone no.right arrow (405) 755-5571

Located atright arrow1024 EAST BRITTON ROAD SUITE 200OKLAHOMA CITYOK ZIP+4right arrow73131
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
JEFF WEGENER PRESIDENT
1.00 		5,000 0 0
PO BOX 18335
OKLAHOMA CITY,OK73154
RODNEY WEGENER VICE PRESIDENT
1.00 		5,000 0 0
PO BOX 18335
OKLAHOMA CITY,OK73154
KAY WOLFARD TRUSTEE
1.00 		5,000 0 0
PO BOX 18335
OKLAHOMA CITY,OK73154
LAURA TONTZ TRUSTEE
1.00 		5,000 0 0
PO BOX 18335
OKLAHOMA CITY,OK73154
MATTHEW WEGENER TRUSTEE
1.00 		5,000 0 0
PO BOX 18335
OKLAHOMA CITY,OK73154
KARI BLAKLEY SECRETARY
1.00 		0 0 0
PO BOX 18335
OKLAHOMA CITY,OK73154
GINNY EVANS TREASURER
1.00 		0 0 0
PO BOX 18335
OKLAHOMA CITY,OK73154
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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.............right arrow0
Part VIII-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 VIII-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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
5,524,157
b
Average of monthly cash balances.......................
1b
2,286,984
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
7,811,141
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
7,811,141
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
117,167
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,693,974
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
384,699
Part X
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 IX, line 6..................
1
384,699
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
24,997
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
24,997
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
359,702
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
359,702
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 XII, line 1 ...
7
359,702
Part XI
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
446,635
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
446,635
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 359,702
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 19,078
b From 2019...... 235,552
c From 2020...... 201,461
d From 2021......  
e From 2022...... 78,620
f Total of lines 3a through e ........ 534,711
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 446,635
a Applied to 2022, 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 2023 distributable amount..... 359,702
e Remaining amount distributed out of corpus 86,933
5 Excess distributions carryover applied to 2023. 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 5 621,644
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		19,078
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		602,566
10 Analysis of line 9:
a Excess from 2019.... 235,552
b Excess from 2020.... 201,461
c Excess from 2021....  
d Excess from 2022.... 78,620
e Excess from 2023.... 86,933
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
FOUNDATION MANAGEMENT INC
1024 EAST BRITTON ROAD SUITE 200
OKLAHOMA CITY,OK73131
(405) 755-5571
bThe form in which applications should be submitted and information and materials they should include:
ONLINE APPLICATION IS AVAILABLE AT FMIOKC.COM
cAny submission deadlines:
AUGUST 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
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

ABBOTT HOUSE CHILD ADVOCACY CENTER

231 EAST SYMMES
NORMAN,OK73069 		NONE PC ALRT! AN EDUCATION PROGRAM TO EMPOWER CHILDREN GRADES 5-12 TO STAY SAFE ONLINE 5,000

BEYOND THE SPECTRUM OK

64E 33RD ST
EDMOND,OK73013 		NONE PC THERAPY/CLASSES FOR CHILDREN WITH DISABILITIES AND THEIR FAMILIES 5,000

BIG BROTHERS BIG SISTERS OF OKLAHOMA - STATE HEADQUARTERS

1306 S DENVER AVE
TULSA,OK74119 		NONE PC ONE-TO-ONE YOUTH MENTORING FOR AT-RISK CHILDREN IN OKLAHOMA CITY 5,000

BOYS & GIRLS CLUBS OF OKLAHOMA COUNTY

2915 N CLASSEN BLVD SUITE 500
OKLAHOMA CITY,OK73106 		NONE PC HELPING THE YOUTH WHO NEED US MOST IN OKLAHOMA COUNTY! 5,000

BRITVIL FOOD PANTRY

8717 N WESTERN AVE
OKLAHOMA CITY,OK73114 		NONE PC MILK FOR STRONG BODIES, STRONG COMMUNITY 5,000

CALM WATERS CENTER FOR CHILDREN AND FAMILIES

501 N WALKER SUITE 140
OKLAHOMA CITY,OK73102 		NONE PC CALM WATERS GRIEF AND TRAUMA COUNSELING CLINIC - COUNSELING SCHOLARSHIPS FOR LOW-INCOME FAMILIES 10,000

CASA VOICES FOR CHILDREN INC

402 CHICKASHA AVE SUITE 120
CHICKASHA,OK73018 		NONE PC CASA VOICES FOR CHILDREN, INC. 5,000

CENTER FOR CHILDREN AND FAMILIES INC

210 S COCKREL AVE
NORMAN,OK73071 		NONE PC HEALING CHILDREN THROUGH COUNSELING SERVICES 10,000

CENTER OF FAMILY LOVE

PO BOX 245
OKARCHE,OK73762 		NONE PC GENERAL OPERATIONS 10,000

CENTRAL OKLAHOMA CAMP AND CONFERENCE CENTER

1 TWIN CEDAR LN
GUTHRIE,OK73044 		NONE PC MAKE PROMISES HAPPEN SUPPORT 20,000

CITY CARE INC

6001 N CLASSEN BLVD
OKLAHOMA CITY,OK73118 		NONE PC MOBILE OUTREACH AND ENGAGEMENT PROGRAM (MOE) 5,000

CITY RESCUE MISSION INC

800 W CALIFORNIA AVE
OKLAHOMA CITY,OK73106 		NONE PC HOPE LIVES HERE HOUSING PROGRAM 15,000

DAILY LIVING CENTERS INC

3000 N ROCKWELL AVE
BETHANY,OK73008 		NONE PC DAILY LIVING CENTERS ACTIVITIES AND PROGRAMMING 10,000

DOWN SYNDROME ASSOCIATION OF CENTRAL OK

521 W WILSHIRE SUITE 130
OKLAHOMA CITY,OK73116 		NONE PC KYLEE'S KITCHEN 5,000

FISCAL SPONSORSHIP ALLIES FBO FRANCIS HOPE FOUNDATION

9100 PURDUE ROAD SUITE 115
INDIANAPOLIS,OK46268 		NONE SO I FRANCIS HOPE FOUNDATION 2,000

GENESIS PROJECT

9500 NE 150TH STREET
JONES,OK73049 		NONE PC CHILDRENS RESIDENTIAL TREATMENT PROGRAM 10,000

GIRL SCOUTS - WESTERN OKLAHOMA INC

6100 NORTH ROBINSON AVENUE
OKLAHOMA CITY,OK73118 		NONE PC GIRL SCOUTS COMMUNITY PROGRAMS 5,000

HALO PROJECT

401 E MEMORIAL RD STE 500
OKLAHOMA CITY,OK73114 		NONE PC MAKING SENSE OF YOUR WORTH FOR KIDS 5,000

HEALTH ALLIANCE FOR THE UNINSURED

3000 UNITED FOUNDERS BLVD
OKLAHOMA CITY,OK73112 		NONE PC HAU CORE PROGRAMS BENEFITTING LOW-INCOME, UNINSURED OKLAHOMANS 5,000

HEARTS FOR HEARING

11500 N PORTLAND AVE
OKLAHOMA CITY,OK73120 		NONE PC AUDIOLOGY EQUIPMENT REPLACEMENT PLAN 10,000

HOMELESS ALLIANCE

1724 NW 4TH ST
OKLAHOMA CITY,OK73106 		NONE PC CENTRAL OKLAHOMA HOMELESS SERVICES 5,000

HOPE IS ALIVE MINISTRIES INC

14400 BOGERT PARKWAY
OKLAHOMA CITY,OK73134 		NONE PC MISSION MAINTENANCE 5,000

INFANT CRISIS SERVICES INC

4224 N LINCOLN BLVD
OKLAHOMA CITY,OK73105 		NONE PC INFANT CRISIS SERVICES 5,000

LIMBS FOR LIFE FOUNDATION

9604 N MAY AVE
OKLAHOMA CITY,OK73120 		NONE PC PROSTHETIC LIMBS FOR OKLAHOMA AMPUTEES 10,000

LITTLE LIGHT MINISTRIES FBO LIGHT CHRISTIAN ACADEMY (FORMERLY LITTLE LIGHT

3301 N MARTIN LUTHER KING
OKLAHOMA CITY,OK73111 		NONE PC LIGHT CHRISTIAN ACADEMY (FORMERLY KNOWN AS LITTLE LIGHT CHRISTIAN SCHOOL) 10,000

MAKE A WISH OKLAHOMA

1900 NW EXPRESSWAY
OKLAHOMA CITY,OK73118 		NONE PC GRANTING WISHES-IMPACTING LIVES 5,000

MEADOWS CENTER FOR OPPORTUNITY

1000 S KELLY AVENUE
EDMOND,OK73003 		NONE PC SUPPORT PURCHASE OF BOX SHREDDER TRUCK 10,000

NEIGHBORHOOD SERVICES ORGANIZATION

431 SW 11TH ST
OKLAHOMA CITY,OK731095613 		NONE PC NSO GENERAL OPERATIONS 10,000

OKLAHOMA CLEATS FOR KIDS

720 WEST WILSHIRE BOULEVARD SUITE
120
OKLAHOMA CITY,OK73116 		NONE PC EQUIP OKLAHOMA 5,000

OKLAHOMA MESSAGES PROJECT

1409 NW 150TH STREET
EDMOND,OK73013 		NONE PC MESSAGES FROM MOM AND DAD AND BEDTIME STORIES VIA VIDEO 10,000

OKLAHOMA PROJECT WOMAN INC

PO BOX 14026
TULSA,OK74159 		NONE PC BREAST HEALTHCARE FOR UNINSURED OKLAHOMANS 5,000

OKLAHOMA ZOOLOGICAL SOCIETY INC

2101 NE 50TH STREET
OKLAHOMA CITY,OK73111 		NONE PC ZOOFUND FOR KIDS 5,000

PEPPERS RANCH INC

3172 PEPPERS RANCH DRIVE
GUTHRIE,OK73044 		NONE PC TRANSITIONAL LIVING PILOT PROGRAM FOR YOUTH 18-24 10,000

PIONEER LIBRARY SYSTEM FOUNDATION

300 NORMAN CENTER CT
NORMAN,OK73072 		NONE PC EARLY CHILDHOOD LITERACY AND SCHOOL READINESS 5,000

POSITIVE TOMORROWS

PO BOX 61190
OKLAHOMA CITY,OK73146 		NONE PC BREAKING DOWN BARRIERS TO HOMELESSNESS THROUGH GENERAL OPERATING SUPPORT 10,000

RESTOREOKC INC

2222 NE 27TH
OKLAHOMA CITY,OK73111 		NONE PC RESTORE FARMS -- GROWING A CULTURE OF HEALTH 10,000

SAVANNAH STATION THERAPEUTIC RIDING PROGRAM INC

P O BOX 852084
YUKON,OK73085 		NONE PC THERAPEUTIC RIDING PROGRAM EXPANSION 5,000

SISU YOUTH INC

3131 N PENNSYLVANIA AVE
OKLAHOMA CITY,OK73112 		NONE PC SHELTER AND SUPPORT FOR UNHOUSED YOUTH 15,000

SKYLINE URBAN MINISTRY

500 SE 15TH STREET
OKLAHOMA CITY,OK73129 		NONE PC SKYLINE MOBILE PANTRY EQUIPMENT 5,000

SPARK CREATIVE LAB

408 NW 33RD STREET
OKLAHOMA CITY,OK73118 		NONE PC GENERAL OPERATING SUPPORT FOR SPARK! CREATIVE LAB 5,000

SPECIAL CARE INC

12201 N WESTERN AVENUE
OKLAHOMA CITY,OK73114 		NONE PC GENERAL SUPPORT 10,000

SUNBEAM FAMILY SERVICES INC

1100 NW 14TH ST
OKLAHOMA CITY,OK73106 		NONE PC BUILDING HOPE AND RESILIENCE THROUGH MENTAL WELLNESS 10,000

TEEN RECOVERY SOLUTIONS

730 W WILSHIRE BLVD STE 105
OKLAHOMA CITY,OK73116 		NONE PC SUPPORT FOR TEEN ADDICTION RECOVERY NEEDS 5,000

THE CARE CENTER

1405 ASHTON PL
OKLAHOMA CITY,OK73117 		NONE PC CHILD ABUSE PREVENTION EDUCATION 10,000

THE EDEN CLINIC INC

PO BOX 669
NORMAN,OK73070 		NONE PC PARENTING EDUCATION PROGRAMS: EMPOWER & JUST FOR DAD 10,000

THE LITTLE LIGHT HOUSE INC

5120 EAST 36TH ST
TULSA,OK74135 		NONE PC IN MEMORY OF ETHAN CADE WEGENER 10,000

THE LITTLE LIGHT HOUSE INC

5120 EAST 36TH ST
TULSA,OK74135 		NONE PC GENERAL OPERATING SUPPORT 10,000

THE RIGHT PATH RIDING ACADEMY INCORPORATED

16620 OLD SHAMROCK HWY
DRUMRIGHT,OK74030 		NONE PC THE RIGHT PATH RIDING ACADEMY, INCORPORATED 5,000

UPWARD TRANSITIONS INC

1134 W MAIN STREET
OKLAHOMA CITY,OK731067847 		NONE PC COMMUNITY OUTREACH PROGRAM 5,000

WINGS SPECIAL NEEDS COMMUNITY INC

13700 N EASTERN AVENUE
EDMOND,OK73013 		NONE PC WINGS VOLUNTEER SERVICE OPPORTUNITIES 15,000

YMCA OF GREATER OKLAHOMA CITY

500 N BROADWAY AVE STE 500
OKLAHOMA CITY,OK73102 		NONE PC GETTING AHEAD 5,000
Total .................................right arrow 3a 397,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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 ....     14 160,443  
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 1,822,434  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 5,121  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION SETTLEMENTS 		    01 2,529  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,990,527 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,990,527
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 6,023 4,517 0 1,506

TY 2023 InvestmentsCorpBondsSchedule
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN HONDA FIN CORP MTN FR 94,270 96,112
AUTODESK INC SR GLBL NT DTD 94,530 97,131
CHARLES SCHWAB CORP CR GLBL NT 95,227 96,927
CITIGROUP INC SERIES G DTD 91,600 91,710
EOG RESOURCES INC SR GLBL NT DTD 98,651 99,093
INTEL CORP SR GLBL NT DTD 94,321 96,172
LOWES COS INC SR GLBL NT DTD 85,488 88,394
STRYKER CORP CR GLBL NT DTD 94,296 94,559
TOYOTA MOTOR CREDIT CORP FR DTD 94,603 96,441
UNITED TECHNOLOGIES CORP DTD 96,042 97,749
VERIZON COMMUNICATIONS INC SR GLBL NT DTD 92,992 96,803
WALT DISNEY CO NTN FR DTD 95,589 96,731

TY 2023 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 41,276
ABBVIE INC COM 15,034 62,763
ACCENTURE PLC A 31,082 57,198
ALPHABET INC CAP STK CL C 38,384 155,023
AMAZON COM INC 62,994 65,638
AMERICAN TOWER CORP 17,602 17,270
AMGEN INC 29,504 36,003
APPLE INC 28,017 300,347
AUTOMATIC DATA PROCESSING INC 31,201 45,196
BANK OF AMERICA CORPORATION 19,767 20,505
BRISTOL MYERS SQUIBB CO 12,554 10,570
CVS HEALTH CORP 25,192 20,293
CAPITAL ONE FINL CORP COM 13,025 26,224
CARRIER GLOBAL CORPORATION COM 25,165 38,147
CATERPILLAR INC 12,723 62,386
CAUSEWAY INTERNATIONAL VALUE INSTL 66,793 89,240
CHEVRON CORP NEW COM 12,995 18,645
CISCO SYSTEMS INC 16,097 16,924
COMCAST CORP CLASS A 12,560 10,787
DANAHER CORP DEL COM 4,489 65,929
DEERE & CO 26,352 27,991
DELTA AIR LINES INC 9,813 8,046
DEVON ENERGY CORP 52,921 52,095
DFA INTL SMALL CAP VALUE PORT 15,573 15,677
DFA INTERNATIONAL VALUE PORTFOLIO 21,084 22,193
DISNEY WALT CO COM 8,986 16,252
DODGE & COX INTL STOCK FUND 26,000 27,442
DODGE & CPX STOCK FUND 35,080 49,963
DOMINION ENERGY INC 14,869 9,494
DR HORTON 7,800 21,277
AMERICAN FUNDS EUROPACIFIC GROWTH F3 47,018 44,395
EXXON MOBIL CORP COM 6,482 16,197
FACEBOOK INC CL A/ META PLATFORMS INC CL A 19,321 53,094
GILEAD SCIENCES INC 6,439 29,974
GOLDMAN SACHS GROUP INC 19,715 25,847
HARBOR CAPITAL APPRECIATION INSTL 113,091 172,117
HOME DEPOT INC 19,785 24,605
HONEYWELL INTERNATIONAL INC 16,036 16,567
ILLINOIS TOOL WORKS INC 6,749 39,029
INTEL CORP 36,339 46,883
INTERCONTINENTAL EXCHANGE INC COM 6,207 33,392
INVESCO S&P 500 EQUAL WEIGHT ETF 117,092 142,178
WCM FOCUSED EMERGING MARKETS INSTL 37,391 25,681
ISHARES TR MSCI SMALL CAP 59,144 74,280
JP MORGAN CHASE & CO COM 19,410 56,133
JOHNSON & JOHNSON COM 10,516 30,564
LAM RESEARCH CORP 26,131 29,764
LAZARD EMERGING MARKETS EQUITY INSTL 20,782 22,622
HOOD RIVER SMALL-CAP GROWTH FUND INSTL 35,359 59,531
MARSH & MCLENNAN COS INC 17,731 34,105
MCDONALDS CORP COM 2,654 29,948
MERCK & CO 15,201 22,894
METLIFE INC 15,504 27,907
MICRON TECHNOLOGY INC 22,675 25,175
MICROSOFT CORP 22,688 266,988
MORGAN STANLEY 26,517 31,519
NEXTERA ENERGY INC 26,555 28,244
NORFOLK SOUTHERN CORP 15,992 15,365
NORTHERN INTERMEDIATE TAX-EXEMPT SMALL CAP VALUE FUND 36,053 33,381
ORACLE CORP 52,559 48,076
PAYPAL HOLDINGS INC 21,451 23,152
PNC FINANCIAL SERVICES GROUP INC 15,483 17,343
PEPSICO INC 15,944 19,192
PRICE T ROWE INSTL INTL FDS EMERG MK EQ FD 70,000 68,426
PROCTER & GAMBLE CO COM 8,505 33,558
QUALCOMM INC COM 34,124 82,439
REVVITY INC 17,835 13,117
REGENERON PHARMACEUTICALS INC 25,573 28,105
ROYCE INTERNATIONAL PREMIER 80,795 76,870
SHERWIN WILLIAMS CO 5,572 12,476
STARBUCKS CORP 23,578 24,003
TARGET CORP 27,743 20,936
THERMO FISHER SCIENTIFIC INC 48,651 56,264
TRUIST FINANCIAL CORPORATION COM 18,661 18,460
US BANCORP 11,926 11,123
UNITED PARCEL SERVICE 12,684 29,874
UNITEDHEALTH GROUP INC 21,417 34,747
VALERO ENERGY CORP NEW COM 5,366 13,000
VERALTO CORP COM SHS 592 7,815
VANGUARD FTSE DEVELOPED MARKETS ETF 214,108 272,359
VANGUARD HIGH DIVIDEND YIELD INDEX ETF (MKT) 63,633 103,593
VANGUARD EMERGING MKTS STOCK IDX ADM 13,673 13,200
VANGUARD SMALL CAP INDEX FD ADMIRAL SHARES 147,315 219,316
VANGUARD MID CAP INDEX FD ADMIRAL SHARES 45,910 75,410
VANGUARD FTSE EMERGING MARKETS ETF 50,900 70,569
VANGUARD UTILITIES ETF (MKT) 25,458 36,324
VANGUARD TELECOMMUNICATION SERVICES (ETF) 13,618 28,842
VANGUARD MID CAP INDEX ADM 90,000 166,764
VANGUARD GROWTH INDEX ADM 24,398 76,186
VANGUARD SMALL CAP INDEX ADM 75,305 220,377
VANGUARD 500 INDEX ADMIRAL 173,613 405,688
VANGUARD DEVELOPED MARKETS IDX ADMIRAL 35,894 47,732
VERIZON COMMUNICATIONS INC 15,912 10,820
VISA INC CLASS A SHARES 39,564 49,206
VULCAN MATERIALS CO 15,635 23,609
WALMART STORES INC COM 13,946 43,038
ALLSPRING SPECIAL SMALL CAP VALUE FUND INSTITUTIONAL 30,632 43,976
ZIMMER BIOMET HLDGS INC COM 14,380 18,255

TY 2023 InvestmentsGovtObligationsSch
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
US Government Securities - End of Year Book Value:

294,593
US Government Securities - End of Year Fair Market Value:

298,179
State & Local Government Securities - End of Year Book Value:


191,747
State & Local Government Securities - End of Year Fair Market Value:


196,634


TY 2023 InvestmentsOtherSchedule2
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
VANGUARD GLOBAL EX US REAL ESTATE ETF AT COST 39,567 30,452
VANGUARD ULTRA SHORT TERM BOND AT COST 92,561 92,053
MINERAL RIGHTS AT COST 26,469 5,150,964

TY 2023 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 2023 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 226 170 0 56


TY 2023 OtherIncomeSchedule2
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTIES 1,822,434 1,822,434  
CLASS ACTION SETTLEMENTS 2,529 2,529 0


TY 2023 OtherIncreasesSchedule
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Description Amount
BOOK/TAX DIFFERENCE 27,332


TY 2023 OtherProfessionalFeesSchedule
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 34,138 34,138 0 0
CONTRACT LABOR 13,000 0 0 13,000
MANAGEMENT FEES 38,097 9,524 0 28,573
OIL AND GAS EXPENSE 496 496 0 0


TY 2023 TaxesSchedule
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 2,505 2,505 0 0
FEDERAL TAXES 18,876 0 0 0
GROSS PRODUCTION TAX 122,323 122,323 0 0