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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$18,957,957J 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... 261,703 261,703  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 15,852
b Gross sales price for all assets on line 6a 473,069
7 Capital gain net income (from Part IV, line 2)... 15,852
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
1,846,826 1,846,826 0
12 Total. Add lines 1 through 11........ 2,124,381 2,124,381 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
6,545 4,909 0 1,636
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
166,995 71,683 0 95,312
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
162,942 126,984 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
364 273 0 91
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 361,846 222,349 0 103,539
25 Contributions, gifts, grants paid....... 484,500 484,500
26 Total expenses and disbursements. Add lines 24 and 25 846,346 222,349 0 588,039
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,278,035
b Net investment income (if negative, enter -0-) 1,902,032
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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......... 1,288,420 1,144,477 1,144,477
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) 486,340 Click to see attachment
List of Attached Documents:
// Content
195,392 		199,082
b Investments—corporate stock (attach schedule)....... 3,171,524 Click to see attachment
List of Attached Documents:
// Content
4,264,307 		7,182,728
c Investments—corporate bonds (attach schedule)....... 1,127,609 Click to see attachment
List of Attached Documents:
// Content
1,149,357 		1,161,120
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
772,911 		9,270,167
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) 6,232,873 7,526,827 18,957,957
Liabilities 17 Accounts payable and accrued expenses.......... 0 2,681
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)......... 0 2,681
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 5,151,814 6,443,087
29 Total net assets or fund balances (see instructions)..... 6,232,873 7,524,146
30 Total liabilities and net assets/fund balances (see instructions). 6,232,873 7,526,827
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
6,232,873
2
Enter amount from Part I, line 27a .....................
2
1,278,035
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
13,238
4
Add lines 1, 2, and 3 ..........................
4
7,524,146
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
7,524,146
Form 990-PF (2024)
Form 990-PF (2024)
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 421,256   457,217 -35,961
b 51,813     51,813
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       -35,961
b       51,813
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 15,852
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 26,438
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 26,438
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 26,438
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 25,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 42
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 13,520
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow13,520 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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 (2024)
Form 990-PF (2024)
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 (2024)
Form 990-PF (2024)
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
8,169,471
b
Average of monthly cash balances.......................
1b
1,307,979
c
Fair market value of all other assets (see instructions)................
1c
6,837,662
d
Total (add lines 1a, b, and c).........................
1d
16,315,112
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
16,315,112
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
244,727
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
16,070,385
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
803,519
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
803,519
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
26,438
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
26,438
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
777,081
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
777,081
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
777,081
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
588,039
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
588,039
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 777,081
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 25,973
b From 2020...... 201,461
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 227,434
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 588,039
a Applied to 2023, 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 2024 distributable amount..... 588,039
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 189,042 189,042
(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 38,392
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		38,392
10 Analysis of line 9:
a Excess from 2020.... 38,392
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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
CBOONE@FMIOKC.COM
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 (2024)
Form 990-PF (2024)
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

A CHANCE TO CHANGE FOUNDATION

2113 WEST BRITTON ROAD
OKLAHOMA CITY,OK73120 		NONE PC A CHANCE TO CHANGE COMMUNITY PROGRAMS 10,000

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 7,000

ANNA'S HOUSE FOUNDATION

1101 N BRYANT AVENUE
EDMOND,OK73034 		NONE PC ANNA'S HOUSE COMMUNITY 10,000

BRITVIL COMMUNITY FOOD PANTRY INC

8717 N WESTERN AVE
OKLAHOMA CITY,OK73114 		NONE PC MILK FOR STRONG BODIES, STRONG COMMUNITY 7,500

CALM WATERS CENTER FOR CHILDREN AND FAMILIES

501 N WALKER STE 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 STE 120
CHICKASHA,OK73018 		NONE PC CASA VOICES FOR CHILDREN, INC. 10,000

CENTER FOR CHILDREN AND FAMILIES INC

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

CITY CARE INC

6001 N CLASSEN BLVD
OKLAHOMA CITY,OK73118 		NONE PC MOBILE OUTREACH AND ENGAGEMENT (MOE) 10,000

DAILY LIVING CENTERS INC

PO BOX 608
BETHANY,OK73008 		NONE PC DAILY LIVING CENTERS SCHOLARSHIP PROGRAM 10,000

DOWN SYNDROME ASSOCIATION OF CENTRAL OK

521 W WILSHIRE STE 130
OKLAHOMA CITY,OK73116 		NONE PC KYLEE'S KITCHEN 10,000

DRESS FOR SUCCESS OKLAHOMA CITY

133 W MAIN ST STE 102
OKLAHOMA CITY,OK73102 		NONE PC WOMENS EMPLOYMENT PROGRAMS 5,000

EXCHANGE CLUB CENTER FOR THE PREVENTION OF CHILD ABUSE OF OKLAHOMA INC DBA

4323 NW 63RD ST STE 200
OKLAHOMA CITY,OK73116 		NONE PC PARENT PROMISE'S PARENT EDUCATION AND SUPPORT PROGRAMS OPERATIONAL SUPPORT 10,000

GENESIS PROJECT

9500 NE 150TH STREET
JONES,OK73049 		NONE PC THE GENESIS PROJECT OPERATIONAL SUPPORT 10,000

HEALTH ALLIANCE FOR THE UNINSURED

3000 UNITED FOUNDERS BLVD
OKLAHOMA CITY,OK73112 		NONE PC HAU CORE PROGRAM SUPPORT AND NEW DIABETES SELF-CARE MANAGEMENT PROGRAM LAUNCH 10,000

HEARTS FOR HEARING FOUNDATION

11500 N PORTLAND AVE
OKLAHOMA CITY,OK73120 		NONE PC HEARTS FOR HEARING CAPITAL PROJECT 40,000

HOMELESS ALLIANCE

1724 NW 4TH ST
OKLAHOMA CITY,OK73106 		NONE PC CENTRAL OKLAHOMA HOMELESS SERVICES 10,000

HOPEHOUSE OKC

13919 N MAY AVENUE
OKLAHOMA CITY,OK73134 		NONE PC HOPEFORWARD 5,000

LIMBS FOR LIFE FOUNDATION

9604 N MAY AVE
OKLAHOMA CITY,OK73120 		NONE PC PROSTHETIC LIMBS PUT OKLAHOMA AMPUTEES BACK ON THEIR FEET 10,000

METRO TECHNOLOGY CENTERS FOUNDATION INC

1901 SPRINGLAKE DR
OKLAHOMA CITY,OK73111 		NONE PC PRACTICAL NURSING STUDENT CERTIFICATION, EMERGENCY, AND TRANSPORTATION ASSISTANCE 10,000

NOT YOUR AVERAGE JOE

509 WILKINSON DR
MOORE,OK73160 		NONE PC NOT YOUR AVERAGE EDUCATIONAL CENTER 10,000

OKLAHOMA CLEATS FOR KIDS

720 WEST WILSHIRE BOULEVARD STE 120
OKLAHOMA CITY,OK73116 		NONE PC CLEATS FOR KIDS EQUIP OKLAHOMA 5,000

OKLAHOMA MESSAGES PROJECT

720 WEST WILSHIRE BLVD
OKLAHOMA CITY,OK73116 		NONE PC MESSAGES FROM MOM & DAD WITH BEDTIME STORIES VIA VIDEO 10,000

OKLAHOMA PROJECT WOMAN INC

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

PEPPERS RANCH INC

3172 PEPPERS RANCH DRIVE
GUTHRIE,OK73044 		NONE PC ONSITE FOSTER HOUSING FLOORING RENOVATION; FOUNDATIONAL PROGRAM 10,000

PIVOT INC

201 NE 50TH STREET
OKLAHOMA CITY,OK731051811 		NONE PC EMPOWERING THE NEXT GENERATION 15,000

PIVOT INC

201 NE 50TH STREET
OKLAHOMA CITY,OK731051811 		NONE PC UNRESTRICTED SUPPORT 15,000

POSITIVE TOMORROWS

PO BOX 61190
OKLAHOMA CITY,OK73146 		NONE PC BREAKING DOWN BARRIERS TO EDUCATION FOR FAMILIES EXPERIENCING HOMELESSNESS 10,000

REMERGE OF OKLAHOMA COUNTY INC

823 NORTH VILLA AVENUE
OKLAHOMA CITY,OK73107 		NONE PC GENERAL OPERATING SUPPORT 10,000

SAVANNAH STATION THERAPEUTIC RIDING PROGRAM INC

P O BOX 852084
YUKON,OK73085 		NONE PC A SAFE PLACE FOR LINDSEY AND HER FRIENDS 10,000

SISU YOUTH INC

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

SKYLINE URBAN MINISTRY

500 SE 15TH STREET
OKLAHOMA CITY,OK73129 		NONE PC SKYLINE KIDS CORNER 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 NURTURING HOPE THROUGH LOW-BARRIER MENTAL HEALTH SERVICES 10,000

TEEN RECOVERY SOLUTIONS

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

THE CARE CENTER

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

THE CHILDREN'S CENTER INC

6800 NW 39TH EXPRESSWAY
BETHANY,OK730082513 		NONE PC HEALTHY SCHOOLS OKLAHOMA 10,000

THE DRAGONFLY HOME

PO BOX 94613
OKLAHOMA CITY,OK73143 		NONE PC EXPANDING HUMAN TRAFFICKING VICTIM SERVICES IN CENTRAL OKLAHOMA 10,000

THE LITTLE LIGHT HOUSE INC

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

THE RIGHT PATH RIDING ACADEMY INCORPORATED

16620 OLD SHAMROCK HWY
DRUMRIGHT,OK74030 		NONE PC THE RIGHT PATH 10,000

TWIN CEDARS INC FORMERLY CENTRAL OKLAHOMA CAMP AND CONFERENCE CENTER

1 TWIN CEDAR LN
GUTHRIE,OK73044 		NONE PC MAKE PROMISES HAPPEN SUPPORT 15,000

UPWARD TRANSITIONS INC

1134 W MAIN STREET
OKLAHOMA CITY,OK73106 		NONE PC COMMUNITY OUTREACH PROGRAM 10,000

WILLOW PREGNANCY SUPPORT OF OKLAHOMA INC

4701 S WESTERN AVE
OKLAHOMA CITY,OK73109 		NONE PC LEITNER GREINER ROSE HOME - STOCK THE PANTRY, REFRIGERATOR, AND FREEZER FOR SIX MONTHS 10,000

WINGS SPECIAL NEEDS COMMUNITY INC

PO BOX 2095
EDMOND,OK73083 		NONE PC WINGS CAPITAL CAMPAIGN 40,000

YMCA OF GREATER OKLAHOMA CITY

500 N BROADWAY AVE STE 500
OKLAHOMA CITY,OK73102 		NONE PC GETTING AHEAD 10,000
Total .................................right arrow 3a 484,500
bApproved for future payment

WINGS SPECIAL NEEDS COMMUNITY INC
PO BOX 2095
EDMOND,OK73083 		NONE PC GENERAL SUPPORT 110,000

HEARTS FOR HEARING FOUNDATION
11500 N PORTLAND AVE
OKLAHOMA CITY,OK73120 		NONE PC GENERAL SUPPORT 110,000
Total ................................. right arrow 3b 220,000
Form 990-PF (2024)
Form 990-PF (2024)
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 ....     14 261,703  
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 1,846,187  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 15,852  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION SETTLEMENTS 		    01 639  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,124,381 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,124,381
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 6,545 4,909 0 1,636

TY 2024 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 95,434 96,170
AUTODESK INC SR GLBL NT DTD 95,993 97,111
CHARLES SCHWAB CORP CR GLBL NT 97,056 98,530
CITIGROUP INC SERIES G DTD 95,690 96,973
EOG RESOURCES INC SR GLBL NT DTD 99,154 99,498
INTEL CORP SR GLBL NT DTD 95,848 95,916
LOWES COS INC SR GLBL NT DTD 88,103 89,484
STRYKER CORP CR GLBL NT DTD 98,056 98,402
TOYOTA MOTOR CREDIT CORP FR DTD 95,977 97,338
UNITED TECHNOLOGIES CORP DTD 96,755 97,323
VERIZON COMMUNICATIONS INC SR GLBL NT DTD 94,003 95,945
WALT DISNEY CO NTN FR DTD 97,288 98,430

TY 2024 InvestmentsCorpStockSchedule
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Name of Stock End of Year Book Value End of Year Fair Market Value
AAM/HIMCO WCM FOCUSED EMERGING MARKETS INSTL 37,391 28,268
ABBOTT LABS 30,938 42,416
ABBVIE INC COM 15,034 71,969
ACCENTURE PLC A 31,082 57,342
ALLSPRING SPECIAL SMALL CAP VALUE FUND INSTITUTIONAL 30,632 42,879
ALPHABET INC CAP STK CL C 38,384 209,484
AMAZON COM INC 62,994 94,776
AMERICAN FUNDS EUROPACIFIC GROWTH F3 47,018 43,600
AMERICAN TOWER CORP 17,602 14,673
AMGEN INC 69,018 72,197
APPLE INC 28,017 390,655
ARM HOLDINGS PLC SPONSORED ADR 28,702 24,672
AUTOMATIC DATA PROCESSING INC 31,201 56,790
BANK OF AMERICA CORPORATION 19,767 26,766
BWX TECHNOLOGIES INC 31,696 33,417
CAPITAL ONE FINL CORP COM 13,025 35,664
CARRIER GLOBAL CORPORATION COM 25,165 45,325
CATERPILLAR INC 32,391 96,131
CAUSEWAY INTERNATIONAL VALUE INSTL 66,793 84,678
CHENIERE ENERGY INC 89,603 96,692
CHEVRON CORP NEW COM 12,995 18,105
CISCO SYSTEMS INC 16,097 19,832
COMCAST CORP CLASS A 12,560 9,232
CVS HEALTH CORP 58,854 37,663
DANAHER CORP DEL COM 4,487 65,422
DEERE & CO 26,352 29,659
DELTA AIR LINES INC 9,813 12,100
DEVON ENERGY CORP 77,481 57,179
DFA INTERNATIONAL VALUE PORTFOLIO 21,084 22,837
DFA INTL SMALL CAP VALUE PORT 15,573 16,193
DISNEY WALT CO COM 37,245 48,326
DODGE & COX INTL STOCK FUND 26,000 27,855
DODGE & COX STOCK FUND 35,080 52,759
DOMINION ENERGY INC 42,004 36,302
DR HORTON 7,800 19,575
EXXON MOBIL CORP COM 6,482 17,426
FEDEX CORP 40,453 40,512
GILEAD SCIENCES INC 6,439 34,177
GOLDMAN SACHS GROUP INC 37,614 58,980
HARBOR CAPITAL APPRECIATION INSTL 113,091 202,763
HOME DEPOT INC 40,015 47,457
HONEYWELL INTERNATIONAL INC 16,036 17,845
HOOD RIVER SMALL-CAP GROWTH FUND INSTL 35,359 77,933
ILLINOIS TOOL WORKS INC 6,749 37,780
INTERCONTINENTAL EXCHANGE INC COM 23,447 54,985
INVESCO S&P 500 EQUAL WEIGHT ETF 441,341 478,027
ISHARES S&P MIDCAP 400 GROWTH ETF 97,483 96,113
ISHARES TR MSCI SMALL CAP 59,144 72,900
JB HUNT TRANSPORT SERVICES INC 34,723 34,132
JOHNSON & JOHNSON COM 36,193 51,051
JP MORGAN CHASE & CO COM 19,410 79,104
LAM RESEARCH CORP 26,131 27,447
LAZARD EMERGING MARKETS EQUITY INSTL 20,782 23,611
LOCKHEED MARTIN CORP 40,153 32,072
MARSH & MCLENNAN COS INC 17,731 38,234
MCDONALDS CORP COM 2,654 29,279
MERCK & CO 15,201 20,891
META PLATFORMS INC CL A 19,321 87,827
METLIFE INC 15,504 34,553
MICRON TECHNOLOGY INC 22,675 24,827
MICROSOFT CORP 22,688 299,265
MORGAN STANLEY 26,517 42,493
NEXTERA ENERGY INC 26,555 33,336
NORFOLK SOUTHERN CORP 15,992 15,256
NORTHERN INTERMEDIATE TAX-EXEMPT SMALL CAP VALUE FUND 36,053 22,294
ORACLE CORP 52,559 75,988
PAYPAL HOLDINGS INC 40,500 52,917
PEPSICO INC 15,944 17,183
PNC FINANCIAL SERVICES GROUP INC 15,483 21,599
PROCTER & GAMBLE CO COM 8,505 38,392
QUALCOMM INC COM 34,124 87,563
REGENERON PHARMACEUTICALS INC 41,040 38,466
REVVITY INC 38,702 32,144
SHERWIN WILLIAMS CO 5,572 13,597
STARBUCKS CORP 48,326 46,538
T ROWE PRICE INSTL EMERGING MKTS EQ 70,000 66,737
TARGET CORP 77,482 62,859
THERMO FISHER SCIENTIFIC INC 48,651 55,144
TRUIST FINANCIAL CORPORATION COM 18,661 21,690
UNITED PARCEL SERVICE 12,684 23,959
UNITED RENTALS INC 76,584 71,853
UNITEDHEALTH GROUP INC 56,964 64,750
US BANCORP 11,926 12,292
VALERO ENERGY CORP NEW COM 5,366 12,259
VANGUARD 500 INDEX ADMIRAL 173,613 500,445
VANGUARD DEVELOPED MARKETS IDX ADMIRAL 35,894 47,608
VANGUARD EMERGING MKTS STOCK IDX ADM 13,673 14,250
VANGUARD FTSE EMERGING MARKETS ETF 50,900 75,617
VANGUARD FTSE DEVELOPED MARKETS ETF 214,108 271,905
VANGUARD GLOBAL EX US REAL ESTATE ETF 39,567 28,285
VANGUARD GROWTH INDEX ADM 24,398 100,575
VANGUARD HIGH DIVIDEND YIELD INDEX ETF (MKT) 63,633 118,404
VANGUARD MID CAP INDEX ADM 90,000 188,284
VANGUARD MID CAP INDEX FD ADMIRAL SHARES 45,910 83,857
VANGUARD SMALL CAP INDEX ADM 75,305 245,584
VANGUARD SMALL CAP INDEX FD ADMIRAL SHARES 147,315 239,231
VANGUARD TELECOMMUNICATION SERVICES (ETF) 13,618 37,965
VANGUARD UTILITIES ETF (MKT) 25,458 43,306
VERALTO CORP COM SHS 592 9,676
VERIZON COMMUNICATIONS INC 15,912 11,477
VISA INC CLASS A SHARES 39,564 59,732
VULCAN MATERIALS CO 15,635 26,752
WALMART STORES INC COM 13,946 73,997
ZIMMER BIOMET HLDGS INC COM 14,379 15,845

TY 2024 InvestmentsGovtObligationsSch
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
US Government Securities - End of Year Book Value:

0
US Government Securities - End of Year Fair Market Value:

0
State & Local Government Securities - End of Year Book Value:


195,392
State & Local Government Securities - End of Year Fair Market Value:


199,082


TY 2024 InvestmentsOtherSchedule2
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ANGEL OAK ULTRASHORT INCOME ETF AT COST 51,400 51,065
BLACKROCK FLEXIBLE INCOME ETF AT COST 53,499 52,020
DOUBLELINE FLEXIBLE INCOME I AT COST 314,716 318,551
MINERAL RIGHTS AT COST 26,469 8,524,359
VANGUARD INTERM-TERM BOND INDEX ADM AT COST 234,266 231,750
VANGUARD ULTRA SHORT TERM BOND AT COST 92,561 92,422

TY 2024 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 2024 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 364 273 0 91


TY 2024 OtherIncomeSchedule2
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTIES 1,846,187 1,846,187  
CLASS ACTION SETTLEMENTS 639 639 0


TY 2024 OtherIncreasesSchedule
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Description Amount
BOOK/TAX DIFFERENCE 13,238


TY 2024 OtherProfessionalFeesSchedule
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 43,810 43,810 0 0
CONTRACT LABOR 12,000 0 0 12,000
MANAGEMENT FEES 111,083 27,771 0 83,312
OIL AND GAS EXPENSE 102 102 0 0


TY 2024 TaxesSchedule
Name:
WEGENER FOUNDATION INC
EIN:
73-6095407
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 3,067 3,067 0 0
FEDERAL TAX 35,958 0 0 0
GROSS PRODUCTION TAX 123,917 123,917 0 0