Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
CLARK FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)9770 SW SUNSHINE COURT   Room/suite
City or town, state, and ZIP code
BEAVERTON, OR97005
A Employer identification number

23-7423789
B Telephone number (see page 10 of the instructions)

(503) 627-9978
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$19,257,455J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
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 page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 109,606 109,606  
4 Dividends and interest from securities...... 87,248 87,248  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 236,648
b Gross sales price for all assets on line 6a 2,680,625
7 Capital gain net income (from Part IV, line 2)...  
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).......      
12 Total. Add lines 1 through 11........ 433,502 196,854  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,992      
b Accounting fees (attach schedule)....... Click to see attachment 225      
c Other professional fees (attach schedule).... Click to see attachment 17,456 16,456    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 702 702    
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 list of attachments 19,089 18,833    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 42,464 35,991   0
25 Contributions, gifts, grants paid........ 207,500 207,500
26 Total expenses and disbursements. Add lines 24 and 25 249,964 35,991   207,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 183,538
b Net investment income (if negative, enter -0-) 160,863
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
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.......... 9,005 246,159 246,159
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment4,109,278 4,109,278
b Investments—corporate stock (attach schedule)........   Click to see attachment11,472,603 11,472,603
c Investments—corporate bonds (attach schedule)........   Click to see attachment3,364,119 3,364,119
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)     Click to see attachment65,296
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,005 19,192,159 19,257,455
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 9,005 19,192,159
30 Total net assets or fund balances (see page 17 of the
instructions).................... 9,005 19,192,159
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 9,005 19,192,159
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 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 9,005
2 Enter amount from Part I, line 27a..................... 2 183,538
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 18,999,616
4 Add lines 1, 2, and 3.......................... 4 19,192,159
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 19,192,159
Form 990-PF (2011)
Form 990-PF (2011)
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.)
1a
b
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
b
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
b
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  
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 pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 1,063 6,014 0.176754
2009   112  
2008   168  
2007   52  
2006   146  
2 Total of line 1, column (d) ...................... 2 0.176754
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.176754
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 6,629,373
5 Multiply line 4 by line 3....................... 5 1,171,768
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,609
7 Add lines 5 and 6......................... 7 1,173,377
8 Enter qualifying distributions from Part XII, line 4.............. 8 207,500
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 3,217
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 3,217
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,217
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 3,030
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,030
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 77
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 264
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet0 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletOR
    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 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    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 page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBARB PURDY Telephone no.bullet (503) 627-9978
    Located atbullet9770 SW SUNSHINE COURTBEAVERTONOR ZIP+4bullet97005
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
     
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
     
    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 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 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 2011.)....................
    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 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the 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
    RICHARD M CLARKClick to see attachment PRESIDENT/TR
    1.00     		0 0 0
    2433 NW PINNACLE DR
    PORTLAND,OR97229
    TRACEY A CLARKClick to see attachment DIRECTOR
    0.40     		0 0 0
    2433 NW PINNACLE DR
    PORTLAND,OR97229
    BRITTNEY CLARKClick to see attachment VICE PRESIDE
    0.00     		0 0 0
    7975 SW WILLOWMERE
    PORTLAND,OR97225
    CHRISTOPHER BROOKSClick to see attachment DIRECTOR
    0.00     		0 0 0
    7975 SW WILLOWMERE
    PORTLAND,OR97229
    CANDACE HOLZGRAFEClick to see attachment DIRECTOR
    0.00     		0 0 0
    300 SE SPOKANE
    PORTLAND,OR97202
    JON HOLZGRAFEClick to see attachment DIRECTOR
    0.00     		0 0 0
    300 SE SPOKANE
    PORTLAND,OR97202
    STEVE NICHOLESClick to see attachment SECRETARY
    0.00     		0 0 0
    1111 SW FIFTH AVENUE 1500
    PORTLAND,OR97204
    PAT BECKER SRClick to see attachment DIRECTOR
    0.00     		0 0 0
    1211 SW FIFTH AVENUE 2185
    PORTLAND,OR97204
    JANEEN MCANINCHClick to see attachment DIRECTOR
    0.00     		0 0 0
    1211 SW FIFTH AVENUE 2185
    PORTLAND,OR97204
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the 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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 PROVIDED FINANCIAL ASSISTANCE TO PORTLAND ART MUSEUM'S LA BELLA EXHIBITION. 25,000
    2 PROVIDED FINANCIAL ASSISTANCE TO MEDICAL TEAMS INTERNATIONAL TO SUPPORT THE OGUR YOUTH INFORMATION CENTER. 25,000
    3 PROVIDED FINANCIAL ASSISTANCE TO THE OREGON ZOO FOUNDATION TO EXPAND THE ELEPHANT HABITAT. 25,000
    4 PROVIDED FINANCIAL ASSISTANCE TO SUPPORT THE OREGON FOOD BANK. 25,000
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the 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
    6,480,566
    b
    Average of monthly cash balances.......................
    1b
    249,762
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,730,328
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,730,328
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    100,955
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,629,373
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    331,469
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    331,469
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    3,217
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,217
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    328,252
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    328,252
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    328,252
    Part XII
    Qualifying Distributions (see page 25 of the 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
    207,500
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    207,500
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    207,500
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 328,252
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 207,500
    a Applied to 2010, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount..... 207,500
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2011.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		120,752
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    MR RM CLARK
    9770 SW SUNSHINE COURT
    BEAVERTON,OR97005
    (503) 627-9978
    bThe form in which applications should be submitted and information and materials they should include:
    THE APPLICATION SHOULD BE IN THE FORM OF A LETTER AND MUST INCLUDE A LIST OF THE BOARD OF DIRECTORS, A DESCRIPTION OF THE ACTIVITY OR PROJECT, A BUDGET, AND OTHER INFORMATION AS REQUESTED BY THE CLARK FOUNDATION'S DIRECTORS.
    cAny submission deadlines:
    THERE ARE NO SUBMISSION DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE APPLICANT MUST BE A TAX EXEMPT ORGANIZATION WHOSE PURPOSE IS EDUCATIONAL, CHARITABLE, CULTURAL, RELIGIOUS OR SCIENTIFIC AND IS LOCATED IN THE PORTLAND, OREGON METROPOLITAN AREA. NO SCHOLARSHIPS TO INDIVIDUALS, STUDENT LOANS, OR OTHER PROGRAM RELATED INVESTMENTS MAY BE MADE BY THE CLARK FOUNDATION.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    PORTLAND STATE UNIVERSITY FOUNDATIO
    2125 SW 4TH AVENUE 510
    PORTLAND,OR97201     		N/A   EDUCATIONAL - SIMON BENSON AWARDS 5,000
    CATHOLIC CHARITIES
    2740 SE POWELL BLVD
    PORTLAND,OR97202     		N/A   CHARITABLE - PREGNANCY SUPPORT 20,000
    PORTLAND ART MUSEUM
    1219 SW PARK AVENUE
    PORTLAND,OR97205     		N/A   CULTURAL - LA BELLA EXHIBITION 25,000
    HOLY CROSS CATHOLIC SCHOOL
    5227 NORTH BOWDOIN STREET
    PORTLAND,OR97203     		N/A   EDUCATIONAL - SCHOLARSHIP PROGRAM 10,000
    MEDICAL TEAM INTERNATIONAL
    14150 SW MILTON COURT
    PORTLAND,OR97224     		N/A   EDUCATIONAL - OGUR YOUTH INFO CNTR 25,000
    ST MARY'S ACADEMY
    1615 SW 5TH AVENUE
    PORTLAND,OR97201     		N/A   EDUCATIONAL - FOOD FOT THOUGHT 20,000
    OREGON ZOO FOUNDATION
    4001 SW CANYON RD
    PORTLAND,OR97221     		N/A   SCIENTIFIC - ELEPHANT HABITAT 25,000
    OREGON FOOD BANK
    7900 NE 33RD DRIVE
    PORTLAND,OR97211     		N/A   CHARITABLE - FOOD /OPERATING FUNDS 25,000
    COASTER THEATRE FOUNDATION
    108 N HEMLOCK ST
    CANNON BEACH,OR97110     		N/A   CULTURAL - PLAY SPONSOR 25,000
    OREGON HISTORICAL SOCIETY
    1200 SW PARK AVENUE
    PORTLAND,OR97205     		N/A   CULTURAL - DISTINGUISHED HISTORY 2,500
    YWCA
    1111 SW 10TH AVENUE
    PORTLAND,OR97205     		N/A   CHARITABLE - CAPITAL IMPROVEMENTS 25,000
    Total .................................bullet 3a 207,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the 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....          
    3Interest on savings and temporary cash investments     14 109,606  
    4 Dividends and interest from securities....     14 87,248  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 236,648  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   433,502  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13433,502
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    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) of the Code (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
    SignHere
    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 or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 225      

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    TY 2011 AmortizationSchedule
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    FEDERAL HOME LN MTG CORP 2010-11-09 200,000 880   114 114   994

    TY 2011 CompensationExplanation
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Person Name Explanation
    RICHARD M CLARK  
    TRACEY A CLARK  
    BRITTNEY CLARK  
    CHRISTOPHER BROOKS  
    CANDACE HOLZGRAFE  
    JON HOLZGRAFE  
    STEVE NICHOLES  
    PAT BECKER SR  
    JANEEN MCANINCH  

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    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    VECTREN UTILITY 6.625% 12/1/11 175,0 2010-03 PURCHASE 2011-12   175,000 175,000        
    GEN ELEC CAP 3.0% 12/9/11 250,000 SH 2008-12 PURCHASE 2011-12   250,000 249,283     717  
    BECTON DICKINSON & CO. 1,000 SH 2003-01 PURCHASE 2011-08   79,098 30,134     48,964  
    COCA COLA CO COM 2,000 SH 2004-12 PURCHASE 2011-08   137,763 81,325     56,438  
    ABBOTT LABS COM 1,600 SH 2002-05 PURCHASE 2011-09   80,462 68,271     12,191  
    NEXTERA ENERGY INC 400 SH 2010-03 PURCHASE 2011-09   21,380 19,206     2,174  
    HORMEL FOODS CORP 800 SH 2008-08 PURCHASE 2011-09   21,491 14,271     7,220  
    HEWLETT PACKARD 3,700 SH 2010-12 PURCHASE 2011-09   90,175 155,539     -65,364  
    HEWLETT PACKARD 2,150 SH 2011-05 PURCHASE 2011-09   52,399 79,446     -27,047  
    CHUBB CORP COM 900 SH 2007-05 PURCHASE 2011-10   54,409 49,218     5,191  
    ABBOTT LABS COM 2,150 SH 2002-05 PURCHASE 2011-10   114,478 91,739     22,739  
    ABBOTT LABS COM 850 SH 2011-01 PURCHASE 2011-10   45,259 38,980     6,279  
    XCEL ENERGY INC 2,000 SH 2002-05 PURCHASE 2011-11   51,585 41,071     10,514  
    XCEL ENERGY INC 4,000 SH 2002-07 PURCHASE 2011-11   103,170 31,951     71,219  
    HELMERICH & PAYNE 1,100 SH 2008-09 PURCHASE 2011-12   64,745 51,825     12,920  
    VISA INC CL A 400 SH 2011-02 PURCHASE 2011-12   39,375 29,603     9,772  
    FARMER MAC 3.875% 8/19/11 200,000 SH 2008-08 PURCHASE 2011-08   200,000 199,630     370  
    FED NATL MTG ASSN 1.125% 9/9/13 200, 2010-11 PURCHASE 2011-09   200,000 200,743     -743  
    FED HM LN BK 2.0% 4/7/14 250,000 SH 2011-04 PURCHASE 2011-10   250,000 250,000        
    FED HM LN MTG CORP 1.150% 10/7/13 2010-11 PURCHASE 2011-10   200,000 200,000        
    US TREAS NTS 4.125% 5/15/15 2005-10 PURCHASE 2011-11   225,156 192,820     32,336  
    US TREAS NTS 4.125% 5/15/15 2005-11 PURCHASE 2011-12   224,680 193,922     30,758  

    TY 2011 GeneralExplanationAttachment
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Identifier Return Reference Explanation
    GENERAL ELECTIONS   YEAR ENDED: DECEMBER 31, 2011 23-7423789 CLARK FOUNDATION 9770 SW SUNSHINE COURT BEAVERTON, OR 97005 ELECTION TO AMORTIZE BOND PREMIUM UNDER IRC SECTION 171(C) THE TAXPAYER ELECTS TO AMORTIZE ALL BOND PREMIUMS.

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Name of Bond End of Year Book Value End of Year Fair Market Value
    200,000 SH DOMINION RESOURCES INC 5. 206,706 206,706
    235,000 SH DOW CHEMICAL CO 6.000% DU 244,052 244,052
    200,000 SH JP MORGAN CHASE & CO 5.37 206,774 206,774
    2300,000 SH INTEGRYS ENERGY 5.375% D 237,793 237,793
    235,000 SH GENERAL ELEC CAP CORP 2.8 239,465 239,465
    200,000 SH AT&T CORP 6.500% DUE 03-1 212,853 212,853
    230,000 SH COMPUTER SCIENCE 5.500% D 228,850 228,850
    35,000 SH CONOCOPHILLIPS 5.500% DUE 37,067 37,067
    235,000 SH KEYCORP 6.500% DUE 05-14- 248,629 248,629
    200,000 SH PACIFIC GAS & ELEC CO 6.2 218,593 218,593
    200,000 SH WACHOVIA CORP 5.250% DUE 210,955 210,955
    230,000 SH BANK OF AMERICA CORP 5.12 228,976 228,976
    50,000 SH WELLS FARGO & CO 5.000% DU 53,501 53,501
    200,000 SH SIMON PROP GROUP SPG 5.10 218,538 218,538
    300,000 SH TARGET CORP 5.375% DUE 05 352,585 352,585
    205,000 SH CITIGROUP INC 6.125% DUE 218,782 218,782

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3,300 SH 3M CO 269,709 269,709
    2,705 SH AETNA INC COM 114,124 114,124
    3,400 SH ALLSTATE CORP COM 93,194 93,194
    4,105 SH AMGEN INC COM 263,582 263,582
    7,395 SH ARCHER DANIELS MIDLAND 211,497 211,497
    6,465 SH AT&T INC 195,502 195,502
    2,800 SH BECTON DICKINSON & COMPANY 209,216 209,216
    800 SH BLACKROCK INC 142,592 142,592
    3,965 SH BUNGE LIMITED 226,798 226,798
    3,029 SH CHEVRON CORP 322,286 322,286
    1,780 SH CHUBB CORP COM 123,212 123,212
    2,055 SH COCA COLA CO COM 143,788 143,788
    5,500 SH CONAGRA FOODS INC 145,200 145,200
    3,015 SH CONOCOPHILLIPS 219,703 219,703
    1,550 SH COSTCO WHOLESALE 129,146 129,146
    4,455 SH COVIDIEN PLC 200,520 200,520
    2,825 SH DEVON ENERGY CORP 175,150 175,150
    2,000 SH DIAMOND OFFSHORE DRILLING 110,520 110,520
    3,120 SH DUN & BRADSTREET CORP 233,470 233,470
    2,580 SH EMERSON ELEC CO COM 120,202 120,202
    5,800 SH ENERSYS 150,626 150,626
    3,095 SH EXELIS INC 28,010 28,010
    2,270 SH FEDEX CORPORATION 189,568 189,568
    12,720 SH GENERAL ELEC CO COM 227,815 227,815
    6,305 SH HARRIS CORP DEL 227,232 227,232
    5,800 SH HONDA MOTOR CO LTD SPONS AD 177,190 177,190
    4,080 SH HORMEL FOODS CORP 119,503 119,503
    9,135 SH INTEL CORP COM 221,524 221,524
    1,547 SH ITT CORPORATION 29,904 29,904
    6,205 SH JOHNSON CONTROLS INC 193,968 193,968
    7,730 SH JP MORGAN CHASE & CO 257,023 257,023
    2,600 SH L-3 COMMUNICATIONS HLDS 173,368 173,368
    50 SH LAZARD LTD 1,306 1,306
    4,000 SH LEXMARK INTL INC 132,280 132,280
    2,515 SH MCKESSON CORP 195,944 195,944
    7,175 SH MERCK & CO INC COM 270,498 270,498
    4,915 SH METLIFE INC 153,250 153,250
    11,600 SH MICROSOFT CORP COM 301,136 301,136
    3,775 SH MOLSON COORS BREWING-B 164,364 164,364
    1,615 SH MURPHY OIL CORP 90,020 90,020
    6,700 SH NABORS INDUSTRIES INC 116,178 116,178
    2,035 SH NESTLE SA ADR 117,440 117,440
    3,155 SH NEXTERA ENERGY INC 192,076 192,076
    4,600 SH PETROLEO BRASILEIRO SP ADR 108,054 108,054
    205 SH PIONEER NAT RES CO COM 18,343 18,343
    8,050 SH PITNEY BOWES INC COM 149,247 149,247
    2,585 SH PNC BK CORP COM 149,077 149,077
    3,700 SH PORTLAND GENERAL ELECTRIC 93,573 93,573
    2,505 SH PPG INDS INC COM 209,142 209,142
    6,565 SH RAYTHEON COMPANY 317,615 317,615
    4,820 SH ROYAL DUTCH SHELL PLC ADR A 352,294 352,294
    1,990 SH SCHLUMBERGER LTD COM 135,937 135,937
    3,295 SH STATE STREET CORP 132,821 132,821
    13,500 SH SYMANTEC CORP 211,275 211,275
    3,200 SH TARGET CORP 163,904 163,904
    3,325 SH TE CONNECTIVITY LTD 102,443 102,443
    4,735 SH TYCO INTERNATIONAL LTD 221,172 221,172
    7,550 SH UNUM GROUP 159,079 159,079
    4,745 SH US BANCORP 128,352 128,352
    5,420 SH VERIZON COMMUNICATIONS 217,450 217,450
    2,790 SH VISA INC CL A 283,269 283,269
    4,120 SH WAL MART STORES INC COM 246,211 246,211
    7,450 SH WALGREEN CO COM 246,297 246,297
    6,690 SH XCEL ENERGY INC 184,778 184,778
    3,095 SH XYLEM INC 80,315 80,315
    3,415 SH ZIMMER HOLDINGS INC 182,321 182,321

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    US Government Securities - End of Year Book Value:

    4,109,278
    US Government Securities - End of Year Fair Market Value:

    4,109,278
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2011 LegalFeesSchedule
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 4,992      


    TY 2011 OtherAssetsSchedule
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST     65,296


    TY 2011 OtherExpensesSchedule
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE SUPPLIES 185      
    BANK SERVICE CHARGE 21      
    LICENSES AND PERMITS 50      
    BROKERAGE FEE 250 250    


    TY 2011 OtherIncreasesSchedule
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 547,493
    TRANSFER FROM CLARK FAMILY FOUNDATION 1,803,025
    TRANSFER FROM MAURIE D. CLARK CRUT 16,649,098


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEE 16,456 16,456    
    ADMINISTRATIVE FEE 1,000      


    TY 2011 TaxesSchedule
    Name:
    CLARK FOUNDATION
    EIN: 23-7423789
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN DIVIDEND TAX 702 702