Nonprofit · EIN 41-1796283
BAKKEN FAMILY WRC FOUNDATION
Tax-exempt · PRIOR LAKE, MN 55372
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,319,655 | $1,219,410 | $100,245 | $18,121,667 | $0 | $18,121,667 |
| December 31, 2024 | 990-PF | $1,054,489 | $1,116,897 | -$62,408 | $18,021,422 | $0 | $18,021,422 |
| December 31, 2023 | 990-PF | $847,844 | $1,150,071 | -$302,227 | $18,083,830 | $0 | $18,083,830 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $565,216
- Net gain from sales of assets
- $753,808
- Other income
- $631
Expenses
- Grants and similar amounts paid
- $1,100,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,112,559
- Excise tax on investment income
- $17,085
Balance sheet and other
- Total assets, start of year
- $18,021,422
- Total assets, end of year
- $18,121,667
- Total liabilities, end of year
- $0
- Net assets, end of year
- $18,121,667
- Fair market value of assets
- $22,811,608
- Qualifying distributions
- $1,112,559
- Net investment income
- $1,319,655
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY BAKKEN 15195 EDGEWATER CIRCLE, PRIOR LAKE, MN 55372 | SECRETARY | 1 | $0 |
| WENDY K WATSON 15195 EDGEWATER CIRCLE, PRIOR LAKE, MN 55372 | VICE PRESIDENT | 1 | $0 |
| BRADLEY BAKKEN 15195 EDGEWATER CIRCLE, PRIOR LAKE, MN 55372 | TREASURER | 1 | $0 |
| PAMELA B PETERSMEYER 15195 EDGEWATER CIRCLE, PRIOR LAKE, MN 55372 | PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY BAKKEN 15195 EDGEWATER CIRCLE, PRIOR LAKE, MN 55372 | SECRETARY | 1 | $0 |
| WENDY K WATSON 15195 EDGEWATER CIRCLE, PRIOR LAKE, MN 55372 | VICE PRESIDENT | 1 | $0 |
| BRADLEY BAKKEN 15195 EDGEWATER CIRCLE, PRIOR LAKE, MN 55372 | TREASURER | 1 | $0 |
| PAMELA B PETERSMEYER 15195 EDGEWATER CIRCLE, PRIOR LAKE, MN 55372 | PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY BAKKEN 90 SOUTH SEVENTH STREET SUITE 5100, MINNEAPOLIS, MN 55402 | SECRETARY | 1 | $0 |
| WENDY K WATSON 90 SOUTH SEVENTH STREET SUITE 5100, MINNEAPOLIS, MN 55402 | VICE PRESIDENT | 1 | $0 |
| BRADLEY BAKKEN 90 SOUTH SEVENTH STREET SUITE 5100, MINNEAPOLIS, MN 55402 | TREASURER | 1 | $0 |
| PAMELA B PETERSMEYER 90 SOUTH SEVENTH STREET SUITE 5100, MINNEAPOLIS, MN 55402 | PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 15195 EDGEWATER CIR NE, PRIOR LAKE, MN 55372-1154
- In care of
- % LOWRY HILL
- Signed the 990-PF
- PAMELA PETERSMEYER, PRESIDENT
- Phone
- (888) 730-4933
- Return prepared by
- CLIFTONLARSONALLEN LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 41-1796283
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $18,121,667
- Income (IRS master file)
- $3,198,519
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,319,655 | $1,219,410 | $18,121,667 | IRS |
| 990-PF | December 2024 | $1,054,489 | $1,116,897 | $18,021,422 | IRS |
| 990-PF | December 2023 | $847,844 | $1,150,071 | $18,083,830 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1796283).
Questions about BAKKEN FAMILY WRC FOUNDATION
- What is the EIN of BAKKEN FAMILY WRC FOUNDATION?
- The employer identification number (EIN) of BAKKEN FAMILY WRC FOUNDATION is 41-1796283.
- Is BAKKEN FAMILY WRC FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to BAKKEN FAMILY WRC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BAKKEN FAMILY WRC FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BAKKEN FAMILY WRC FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BAKKEN FAMILY WRC FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of BAKKEN FAMILY WRC FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does BAKKEN FAMILY WRC FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,319,655, expenses of $1,219,410 and total assets of $18,121,667 at year end.
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