TY 2013 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2013

Open to Public Inspection

For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013

Name of foundation
CLARK FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)9770 SW SUNSHINE CT Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BEAVERTON, OR970054100

A Employer identification number

23-7423789

B Telephone number (see instructions)

(503) 627-9978

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85% test,
check here and attach computation ........... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ......... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$28,835,679J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ......... bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	328,778		300,674
4	Dividends and interest from securities......	361,049		361,049
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,896,858
b	Gross sales price for all assets on line 6a 8,288,868
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........	2,586,685		661,723
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		2,112
b	Accounting fees (attach schedule).......		5,800
c	Other professional fees (attach schedule)....		105,387	102,387
17	Interest...............
18	Taxes (attach schedule) (see instructions)		21,496	3,186
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	1,100
22	Printing and publications..........
23	Other expenses (attach schedule).......		113,249	112,593
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	249,144		218,166	0
25	Contributions, gifts, grants paid........	1,259,650			1,259,650
26	Total expenses and disbursements. Add lines 24 and 25	1,508,794		218,166	1,259,650
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,077,891
b	Net investment income (if negative, enter -0-)			443,557
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2013)

Form 990-PF (2013)

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
Part II		Balance Sheets		(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........		361,491	176,527	176,527
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)		4,868,198	5,835,630	5,835,630
	b	Investments—corporate stock (attach schedule)........		13,717,177	18,092,496	18,092,496
	c	Investments—corporate bonds (attach schedule)........		3,512,130	3,769,374	3,769,374
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........		1,528,874	961,652	961,652
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)		23,987,870	28,835,679	28,835,679
		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 )
23		Total liabilities (add lines 17 through 22)..........			0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		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		23,987,870	28,835,679
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................		23,987,870	28,835,679
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		23,987,870	28,835,679

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	23,987,870
2	Enter amount from Part I, line 27a.....................	2	1,077,891
3	Other increases not included in line 2 (itemize)	3	6,623,642
4	Add lines 1, 2, and 3..........................	4	31,689,403
5	Decreases not included in line 2 (itemize)	5	2,853,724
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	28,835,679

Form 990-PF (2013)

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
(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)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	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 instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		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? Yes No

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))
2012	972,200	19,610,891	0.049574
2011	207,500	6,629,373	0.031300
2010	1,063	6,014	0.176754
2009		112
2008		168

2	Total of line 1, column (d) ......................	2	0.257628
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	0.085876
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	26,106,876
5	Multiply line 4 by line 3.......................	5	2,241,954
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	4,436
7	Add lines 5 and 6.........................	7	2,246,390
8	Enter qualifying distributions from Part XII, line 4..............	8	1,259,650
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.

Form 990-PF (2013)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	8,871
	hereand 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	8,871
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	8,871
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a	10,400
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	10,400
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,529
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax1,529	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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.

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

BARB PURDY Telephone no. bullet

(503) 627-9978

Located at bullet

9770 SW SUNSHINE COURTBEAVERTONOR ZIP+4 bullet

97005

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2013, 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 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 (2013)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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 2013?.............

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)):

At the end of tax year 2013, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2013?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?.........................YesNo

If "Yes," did it have excess business holdings in 2013 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 2013.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2013?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(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 instructions)........YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?........................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2013)

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 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 CLARK	PRESIDENT/TR 0.50	0	0	0
2433 NW PINNACLE DR PORTLAND,OR97229	PRESIDENT/TR 0.50	0	0	0
TRACEY A CLARK	DIRECTOR 0.00	0	0	0
2433 NW PINNACLE DR PORTLAND,OR97229	DIRECTOR 0.00	0	0	0
BRITTNEY CLARK	VICE PRESIDE 0.00	0	0	0
7975 SW WILLOWMERE PORTLAND,OR97225	VICE PRESIDE 0.00	0	0	0
CHRISTOPHER BROOKS	DIRECTOR 0.00	0	0	0
7975 SW WILLOWMERE PORTLAND,OR97229	DIRECTOR 0.00	0	0	0
CANDACE HOLZGRAFE	DIRECTOR 0.00	0	0	0
300 SE SPOKANE PORTLAND,OR97202	DIRECTOR 0.00	0	0	0
JON HOLZGRAFE	DIRECTOR 0.00	0	0	0
300 SE SPOKANE PORTLAND,OR97202	DIRECTOR 0.00	0	0	0
STEVE NICHOLES	SECRETARY 0.00	0	0	0
1111 SW FIFTH AVENUE 1500 PORTLAND,OR97204	SECRETARY 0.00	0	0	0
PAT BECKER SR	DIRECTOR 0.00	0	0	0
1211 SW FIFTH AVENUE 2185 PORTLAND,OR97204	DIRECTOR 0.00	0	0	0
JANEEN MCANINCH	DIRECTOR 0.00	0	0	0
1211 SW FIFTH AVENUE 2185 PORTLAND,OR97204	DIRECTOR 0.00	0	0	0

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...................

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............. 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 JESUIT HIGH SCHOOL FOR THEIR MATH/SCIENCE BUILDING CAMPAIGN AND THE REMODEL OF DIERINGER CENTER.	130,000
2	PROVIDED FINANCIAL ASSISTANCE TO THE OREGON ZOO TO SUPPORT THE ASIAN ELEPHANT HABITAT.	100,000
3	PROVIDED FUNDING TO THE UNIVERSITY OF PORTLAND FOR THE REMODEL OF THE LIBRARY.	50,000
4	OHSU FOUNDATION FOR DIABETIC TEEN SUPPORT (25,000) AND THE RETINAL IMAGING PROGRAM (25,000).	50,000

Form 990-PF (2013)

Page 7

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1	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 instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

Minimum investment return. Enter 5% of line 5..................

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

1,305,344

Tax on investment income for 2013 from Part VI, line 5......

8,871

Income tax for 2013. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

8,871

Distributable amount before adjustments. Subtract line 2c from line 1............

1,296,473

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,296,473

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

1,296,473

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

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 (2013)

Page 8

Part XIII

Undistributed Income (see instructions)

	(c) 2012	(d) 2013
1 Distributable amount for 2013 from Part XI, line 7		1,296,473
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......	119,001
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2013:
a From 2008.......
b From 2009.......
c From 2010.......
d From 2011.......
e From 2012.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2013 from Part
XII, line 4: $ 1,259,650
a Applied to 2012, but not more than line 2a	119,001
b Applied to undistributed income of prior years (Election required—see instructions)......
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2013 distributable amount.....		1,140,649
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2013.
(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 instructions ...........
e Undistributed income for 2012. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2013. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2014 ..........		155,824
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see instructions) .............
8Excess distributions carryover from 2008 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2009....
b Excess from 2010....
c Excess from 2011....
d Excess from 2012....
e Excess from 2013....

Form 990-PF (2013)

Page 9

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2013, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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) 2013	(b) 2012	(c) 2011	(d) 2010	(e) Total

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 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

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. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address 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 (2013)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
DORENBECHER CHILDREN'S HOSPTIAL 3181 SW SAM JACKSON PARK PORTLAND,OR97239	N/A		CHARITABLE - PROGRAM SUPPORT	1,250
ABBEY FOUNDATION OF OREGON PO BOX 501 SAINT BENEDICT,OR97373	N/A		CHARITABLE - PROGRAM SUPPORT	10,000
ALBANY HISTORIC CAROUSEL & MUSEUM 503 FIRST AVENUE WEST ALBANY,OR97321	N/A		CHARITABLE - BUILDING FUND	5,000
ALBERTINA KERR 424 NE 22ND AVENUE PORTLAND,OR97232	N/A		CHARITABLE - BUILDING FUND	20,000
AMERICAN RED CROSS 3131 N VANCOUVER PORTLAND,OR97227	N/A		CHARITABLE - PROGRAM SUPPORT	25,000
ASSOCIATION OF FUNDRAISING PROFESSI PO BOX 55512 PORTLAND,OR97238	N/A		CHARITABLE - LUNCHEON SPONSOR	950
BLANCHET HOUSE 340 NW GLISAN STREET PORTLAND,OR97209	N/A		CHARITABLE - CAPITAL CAMPAIGN	25,000
CAMP 18 PO BOX 615 CLATSKANIE,OR97138	N/A		CHARITABLE - PROGRAM SUPPORT	10,000
CANNON BEACH HISTORY CENTER PO BOX 1005 CANNON BEACH,OR97110	N/A		CHARITABLE - PROGRAM SUPPORT	10,000
CATHOLIC BROADCASTING NORTHWEST PO BOX 5888 PORTLAND,OR97228	N/A		CHARITABLE - RADIO CAMPAIGN SUPPORT	20,000
CATHOLIC CHARITIES 2740 SE POWELL BLVD PORTLAND,OR97202	N/A		CHARITABLE - PREGNANCY SUPPORT	25,000
CENTRAL CATHOLIC HIGH SCHOOL 2401 SE STARK STREET PORTLAND,OR97214	N/A		CHARITABLE - BUILDING SUPPORT	25,000
COASTER THEATRE FOUNDATION 108 N HEMLOCK ST CANNON BEACH,OR97110	N/A		CULTURAL - PLAY SPONSOR	10,000
CYOCAMP HOWARD 825 NW 20TH AVE STE 120 PORTLAND,OR97232	N/A		CHARITABLE - COVERED COURTS PROJECT	10,000
DE LA SALLE NORTH CATHOLIC HIGH 7528 N FENWICK AVENUE PORTLAND,OR97217	N/A		EDUCATIONAL - FINANCIAL AID	20,000
DE LA SALLE NORTH CATHOLIC HIGH 7528 N FENWICK AVENUE PORTLAND,OR97217	N/A		CHARITABLE - LUNCHEON SPONSOR	1,000
DOERNBECHER CHILDRENS HOSP FOUNDATI 1121 SW SALMON ST SUITE 100 PORTLAND,OR97205	N/A		CHARITABLE - FINANCIAL ASSISTANCE	750
DOERNBECHER CHILDRENS HOSP FOUNDATI 1121 SW SALMON ST SUITE 100 PORTLAND,OR97205	N/A		CHARITABLE - PROGRAM SUPPORT	25,000
DOVE LEWIS ANIMAL HOSPITAL 1945 NW PETTYGROVE PORTLAND,OR97209	N/A		CHARITABLE - BUILDING FUND	25,000
DRESS FOR SUCCESS 1532 B NE 37TH AVENUE PORTLAND,OR97232	N/A		CHARITABLE - FINANCIAL ASSISTANCE	25,000
EMANUEL MEDICAL CENTER FOUNDATION PO BOX 4484 PORTLAND,OR97208	N/A		CHARITABLE - BUILDING FUND	10,000
FRIENDLY HOUSE 1737 NW 26TH AVENUE PORTLAND,OR97210	N/A		CHARITABLE - BUILDING FUND	25,000
GIRL SCOUTS 9620 SW BARBUR BLVD PORTLAND,OR97219	N/A		CHARITABLE - PROGRAM SUPPORT	25,000
GROWING GARDENS 2203 NE OREGON ST PORTLAND,OR97232	N/A		CHARITABLE - PROGRAM SUPPORT	5,000
HOLY CROSS CATHOLIC SCHOOL 5227 NORTH BOWDOIN STREET PORTLAND,OR97203	N/A		EDUCATIONAL - SCHOLARSHIP PROGRAM	15,000
HOLY NAMES SISTERS PO BOX 411 MARYLHURST,OR97036	N/A		CHARITABLE - PROGRAM SUPPORT	25,000
HUMAN SOLUTIONS 12350 SE POWELL BLVD PORTLAND,OR97236	N/A		CHARITABLE - HOMELESS FAMILY ASST.	25,000
JESUIT HIGH SCHOOL 9000 SW BEAVERTON HWY PORTLAND,OR97225	N/A		EDUCATIONAL - BUILDING FUND	130,000
JOHN TRACY CLINIC 806 W ADAMS BLVD LOS ANGELES,CA90007	N/A		CHARITABLE - PROGRAM SUPPORT	10,000
MACDONALD CENTER 605 NW COUCH STREET PORTLAND,OR97209	N/A		CHARITABLE - CAPITAL CAMPAIGN	25,000
MEALS ON WHEELS 7710 SW 31ST AVENUE PORTLAND,OR97219	N/A		CHARITABLE - PROGRAM SUPPORT	25,000
MEDICAL TEAM INTERNATIONAL 14150 SW MILTON COURT PORTLAND,OR97224	N/A		CHARITABLE - JM DIRECTOR'S FUND	25,000
OHSU FOUNDATION 1121 SW SALMON ST 100 PORTLAND,OR97205	N/A		CHARITABLE - MEDICAL PROGRAMS	50,000
OMSI 1945 SE WATER AVENUE PORTLAND,OR97214	N/A		CHARITABLE - PROGRAM SUPPORT	15,000
OREGON BALLET THEATRE 818 SE SIXTH AVENUE PORTLAND,OR97214	N/A		CULTURAL - EDU/APPRENT. PROGRAMS	10,000
OREGON COLLEGE OF ART AND CRAFT 8245 SW BARNES ROAD PORTLAND,OR97225	N/A		CHARITABLE - PROGRAM SUPPORT	10,000
OREGON FOOD BANK 7900 NE 33RD DRIVE PORTLAND,OR97211	N/A		CHARITABLE - FOOD /OPERATING FUNDS	22,500
OREGON HISTORICAL SOCIETY 1200 SW PARK AVENUE PORTLAND,OR97205	N/A		CULTURAL - OPERATING FUNDS	10,000
OREGON PUBLIC BROADCASTING 7140 SW MACADAM AVE PORTLAND,OR97219	N/A		CULTURAL - OREGON EXPERIENCE SERIES	25,000
OREGON ZOO FOUNDATION 4001 SW CANYON RD PORTLAND,OR97221	N/A		SCIENTIFIC - ELEPHANT HABITAT	100,000
OSU FOUNDATION 707 SW WASHINGTON SUITE 500 PORTLAND,OR97205	N/A		CHARITABLE - BUILDING FUND	10,000
OUR LADY OF VICTORY PO BOX 29 SEASIDE,OR97138	N/A		CHARITABLE - CAPITAL CAMPAIGN	10,000
PARTNERS FOR A HUNGER FREE OREGON 712 SE HAWTHORNE BLVD PORTLAND,OR97214	N/A		CHARITABLE - PROGRAM SUPPORT	2,500
PORTLAND ART MUSEUM 1219 SW PARK AVENUE PORTLAND,OR97205	N/A		CULTURAL - THE LOUVRE & TUILERES GAR	15,000
PORTLAND CENTER STAGE 128 NW 11TH AVENUE PORTLAND,OR97209	N/A		CHARITABLE - PROGRAM SUPPORT	20,000
PORTLAND STATE UNIVERSITY FOUNDATIO 2125 SW 4TH AVENUE 510 PORTLAND,OR97201	N/A		CHARITABLE - LUNCHEON SPONSOR	5,000
PORTLAND SUMMERFEST PO BOX 4084 PORTLAND,OR97208	N/A		CULTURAL - PRODUCTION SUPPORT	5,000
PROVIDENCE CHILD CENTER FOUNDATION 830 NE 47TH AVE PORTLAND,OR97213	N/A		CHARITABLE - MEDICALLY FRAGILE CHILD	25,000
PROVIDENCE PORTLAND MEDICAL FOUND 4805 NE GLISAN STREET PORTLAND,OR97213			CHARITABLE - CANCER LUNCHEON	5,000
PROVIDENCE ST VINCENT MED FOUNDATI 9205 SW BARNES ROAD PORTLAND,OR97225			CHARITABLE - PROGRAM SUPPORT	25,000
RESOURCES FIRST FOUNDATION 189 MAIN STREET YARMOUTH,ME04096			CHARITABLE - SPONSORSHIPS	8,000
RESURRECTION CATHOLIC PARISH 21060 SW STAFFORD ROAD TUALATIN,OR97060			CHARITABLE - BUILDING FUND	10,000
SISTERS OF ST MARY OF OREGON 4440 SW 148TH AVE BEAVERTON,OR97007			CHARITABLE - PROGRAM SUPPORT	10,000
SMART 101 SW MARKET STREET PORTLAND,OR97201			CHARITABLE - FINANCIAL SUPPORT	5,000
SOCIETY OF JESUS PO BOX 86010 PORTLAND,OR97268			CHARITABLE - FINANCIAL SUPPORT	10,000
SOUTH COLUMBIA FAMILY SCHOOL 34555 BERG ROAD WARREN,OR97053			EDUCATIONAL - TECHNOLOGY SUPPORT	2,000
ST ANDREW LEGAL CLINIC 807 NE ALBERTA ST PORTLAND,OR97211			CHARITABLE - PROGRAM SUPPORT	21,200
ST ANDREWS NATIVITY SCHOOL PO BOX 11127 PORTLAND,OR97211			EDUCATIONAL - SCHOLARSHIP PROGRAM	10,000
ST CLARE SCHOOL 1807 SW FREEMAN PORTLAND,OR97219			CHARITABLE - BUILDING FUND	15,000
ST MARY'S ACADEMY 1615 SW 5TH AVENUE PORTLAND,OR97201	N/A		EDUCATIONAL - VARIOUS PROGRAMS	35,000
ST MARY'S HOME FOR BOYS 16535 SW TV HWY BEAVERTON,OR97006			CHARITABLE - TUITION ASSISTANCE	10,000
THOMAS EDISON HIGH SCHOOL 9020 SW BEAVERTON HWY PORTLAND,OR97225	N/A		EDUCATIONAL - FINANCIAL ASSISTANCE	20,000
UNIVERSITY OF PORTLAND 5000 N WILLAMETTE BLVD PORTLAND,OR97203			CHARITABLE - BUILDING FUND	50,000
YMCA OF COLUMBIA WILLAMETTE 9500 SW BARBUR BLVD 200 PORTLAND,OR97219			CHARITABLE - TEEN DIVISION	20,500
YMCA OF GREATER PORTLAND 1111 SW TENTH AVENUE PORTLAND,OR97205			CHARITABLE - SCHOLARSHIPS	25,000
YOUNG PEOPLE'S THEATRE PROJECT 9770 SW SUNSHINE CT BEAVERTON,OR97005			CULTURAL - SECOND STAGE RESIDENCY	4,000
Total ................................. 3a				1,259,650

bApproved for future payment

Total ................................. 3b

Form 990-PF (2013)

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 instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
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 ............			14	328,778
4 Dividends and interest from securities....			14	361,049
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.....
8 Gain or (loss) from sales of assets other than inventory .............					1,896,858
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)..				689,827	1,896,858

13Total. Add line 12, columns (b), (d), and (e)..................

132,586,685

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2013)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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 or fiduciary) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2013)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2013 AccountingFeesSchedule

Name:

CLARK FOUNDATION

EIN: 23-7423789

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES	5,800

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2013 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
ALCOA INC	2013-05-23	262,040			760	760		760

- TIN:

TY 2013 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

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2013 GainLossSaleOtherAssetsSch

Name:

CLARK FOUNDATION

EIN: 23-7423789

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
1,000 MCKESSON CORPORATION	2009-03	PURCHASE	2013-09	132,604	36,353	96,251
1,000 TARGET CORP	2012-10	PURCHASE	2013-03	66,214	63,098	3,116
1,000 WALGREEN	2012-03	PURCHASE	2019-06	50,774	32,914	17,860
1,000 WALGREEN	2012-11	PURCHASE	2013-06	50,774	32,790	17,984
1,020 PENTAIR LTD	2009-03	PURCHASE	2013-04	53,246	15,358	37,888
1,155 ZIMMER HOLDINGS	2012-07	PURCHASE	2013-03	85,098	68,226	16,872
1,190 BECTON DICKINSON CO	2013-01	PURCHASE	2013-06	119,069	35,860	83,209
1,220 WALGREEN	2011-12	PURCHASE	2013-04	59,471	38,629	20,842
1,230 GAMESTOP CORP	2012-10	PURCHASE	2013-04	36,593	28,369	8,224
1,350 VERIZON COMUNICATIONS	2011-06	PURCHASE	2013-02	62,526	48,634	13,892
1,360 BOSTON SCIENTIFIC CORP	2012-02	PURCHASE	2013-07	14,742	8,200	6,542
1,425 TECK RESOURCES	2012-10	PURCHASE	2013-07	30,029	43,800	-13,771
1,775 ISHARES TR RUSSELL	2012-10	PURCHASE	2013-10	190,636	146,135	44,501
1,825 TARGET CORP	2012-11	PURCHASE	2013-03	120,840	113,304	7,536
10,000 OREGON ST HSG & CMTY	2012-08	PURCHASE	2013-04	10,000	10,000
100 BLACKROCK INC	2011-09	PURCHASE	2013-09	27,904	15,119	12,785
100 CHUBB CORP	2007-09	PURCHASE	2013-09	8,357	5,199	3,158
100 ENERSYS	2011-11	PURCHASE	2013-04	4,370	2,215	2,155
11,000 PITNEY BOWES INC	2012-10	PURCHASE	2013-01	127,539	148,165	-20,626
12 MALLINCKRODT PLC	2010-07	PURCHASE	2013-08	539	309	230
MALLINCKRODT PLC	2011-06	PURCHASE	2013-07	26	23	3
144 MALLINCKRODT PLC	2011-06	PURCHASE	2013-08	6,464	5,270	1,194
15 BUNGE LIMITED	2008-10	PURCHASE	2013-02	1,082	629	453
150,000 BANK OF AMERICA 5.12%	2011-03	PURCHASE	2013-11	153,126	153,226	-100
16,025 VANGUARD MSCI EUROPEAN	2012-10	PURCHASE	2013-10	803,015	727,153	75,862
16,027 BOSTON SCIENTIFIC	2012-10	PURCHASE	2013-09	183,360	89,820	93,540
17,073 BOSTON SCIENTIFIC CORP	2012-10	PURCHASE	2013-07	185,072	95,682	89,390
175 BUNGE LIMITED	2002-07	PURCHASE	2013-02	12,626	3,260	9,366
175 VERIZON COMMUNICATIONS	2012-11	PURCHASE	2013-02	8,105	7,540	565
18,640 BOSTON SCIENTIFIC CORP	2012-02	PURCHASE	2013-04	138,492	112,386	26,106
188 MALLINICKRODT PLC	2010-07	PURCHASE	2013-08	8,439	4,842	3,597
190 L-3 COMMUNICATIONS HLDGS	2008-12	PURCHASE	2013-08	17,607	12,757	4,850
2,000 GAMESTOP CORP	2012-10	PURCHASE	2013-09	103,829	46,129	57,700
2,125 ADT CORP SHARES	2009-03	PURCHASE	2013-02	100,660	27,534	73,126
2,544 MOLSON COOR BREW CO	2011-11	PURCHASE	2013-08	133,751	99,486	34,265
2,700 HELMERICH PAYNE INC	2012-06	PURCHASE	2013-10	195,768	123,840	71,928
2,740 NCR CORP	2012-11	PURCHASE	2013-06	92,390	61,440	30,950
20 PENTAIR LTD	2007-11	PURCHASE	2013-04	1,044	575	469
200,00 AT&T CORP	2008-11	PURCHASE	2013-03	200,000	195,832	4,168
200,000 KEYCORP	2009-11	PURCHASE	2013-05	200,000	200,000
200,000 PACIFIC GAS & ELEC	2011-10	PURCHASE	2013-12	200,000	200,000
200,000 TARGET CORP	2007-08	PURCHASE	2013-05	232,498	191,220	41,278
200,000 US TSY 1.375%	2011-03	PURCHASE	2013-05	200,000	200,000
225,000 US TRSY INFLATION	2008-08	PURCHASE	2013-04	246,071	241,169	4,902
231 MALLINCKRODT PLC	2008-12	PURCHASE	2013-08	10,370	5,693	4,677
25 MURPHY USA INC	2012-03	PURCHASE	2013-10	1,007	822	185
25 MURPHY USA INC	2012-03	PURCHASE	2013-10	1,007	798	209
250 PPG INDUSTRIES	2011-06	PURCHASE	2013-01	34,960	21,711	13,249
250 WALGREEN	2011-12	PURCHASE	2013-06	12,693	7,875	4,818
279 MURPHY USA INC	2012-06	PURCHASE	2013-10	11,243	7,239	4,004
28 MURPHY USA INC	2008-10	PURCHASE	2013-10	1,128	830	298
3,050 JOHNSON CONTROLS	2008-10	PURCHASE	2013-09	123,523	49,213	74,310
3,060 HOSPIRA INC	2012-10	PURCHASE	2013-04	96,947	99,548	-2,601
3,100 WALGREEN	2011-10	PURCHASE	2013-04	151,116	105,201	45,915
3,500 HOSPIRA INC	2012-05	PURCHASE	2013-04	110,887	118,376	-7,489
3,550 INTEL CORP	2008-09	PURCHASE	2013-06	90,559	63,622	26,937
30,000 BANK OF AMERICA 5.12%	2011-03	PURCHASE	2013-11	30,625	30,645	-20
35,000 CONOCOPHIL AU	2010-03	PURCHASE	2013-04	35,000	35,000
35,000 KEYCORP	2009-11	PURCHASE	2013-05	35,000	35,000
350 MURPHY USA INC	2008-10	PURCHASE	2013-10	14,104	10,381	3,723
350 WALGREEN	2012-04	PURCHASE	2013-06	17,771	11,314	6,457
371 BLACKROCK INC	2011-09	PURCHASE	2013-09	103,523	55,639	47,884
375 MOLSON COOR BREW CO	2007-08	PURCHASE	2013-08	19,716	15,381	4,335
3756 ISHARES TR RUSSELL	2012-10	PURCHASE	2013-07	376,202	309,231	66,971
4,250 TYCO INTL LTD	2009-03	PURCHASE	2013-10	148,600	42,913	105,687
4,850 VERIZON COMMUNICATIONS	2010-01	PURCHASE	2013-02	224,629	143,829	80,800
4,900 TECK RESOURCES	2012-08	PURCHASE	2013-07	103,257	141,821	-38,564
40 HELMERICH PAYNE INC	2012-06	PURCHASE	2013-10	2,900	1,812	1,088
40,000 US TRSY INFLATION	2008-08	PURCHASE	2013-04	43,746	42,875	871
42 ADT CORP SHARES	2007-11	PURCHASE	2013-02	1,990	1,049	941
460 HELMERICH PAYNE INC	2012-06	PURCHASE	2013-10	33,353	20,484	12,869
485 BUNGE LIMITED	2008-10	PURCHASE	2013-02	34,993	17,393	17,600
5 CHEVRON CORP	2008-02	PURCHASE	2013-03	592	390	202
5 CHUBB CORP	2007-05	PURCHASE	2013-09	418	273	145
5,000 ENERSYS	2011-10	PURCHASE	2013-04	218,479	90,723	127,756
5,000 NEW MEXICO MTG	2011-06	PURCHASE	2013-03	5,000	5,100	-100
5,000 NEW MEXICO MTG FIN	2011-06	PURCHASE	2013-09	5,000	5,100	-100
5,025 STAPLES INC	2012-05	PURCHASE	2013-02	73,578	69,251	4,327
50,000 BANK OF AMERICA 5.12%	2011-04	PURCHASE	2013-11	51,042	51,046	-4
50,000 BANK OF AMERICA 5.12%	2012-03	PURCHASE	2013-11	51,042	50,834	208
50,000 OREGON ST FACS	2011-06	PURCHASE	2013-04	50,000	50,000
50,000 TARGET CORP	2007-08	PURCHASE	2013-05	58,125	47,805	10,320
550 HELMERICH PAYNE INC	2012-11	PURCHASE	2013-10	39,879	25,448	14,431
565 ZIMMER HOLDINGS INC	2011-11	PURCHASE	2013-03	41,628	29,058	12,570
570 VERIZON COMMUNICATIONS	2010-01	PURCHASE	2013-02	26,400	15,859	10,541
580 PPG INDUSTRIES	2008-06	PURCHASE	2013-01	81,106	34,989	46,117
6,665 TEVA PHARMACTCL INDS	2013-08	PURCHASE	2013-10	252,466	264,673	-12,207
60,000 MEDFORD ORE HOSP FACS	2011-06	PURCHASE	2013-08	60,000	60,000
60,000 OREGON HEALTH SCIENCES	2011-06	PURCHASE	2013-01	60,000	60,000
600 TARGET CORP	2011-07	PURCHASE	2013-03	39,728	30,271	9,457
70,000 BANK OF AMERICA 5.12%	2012-03	PURCHASE	2013-11	71,459	71,174	285
700 ENERSYS	2011-08	PURCHASE	2013-04	30,587	13,235	17,352
MURPHY USA INC	2012-06	PURCHASE	2013-10	20	13	7
75 MURPHY USA INC	2012-01	PURCHASE	2013-01	3,022	2,480	542
750 CHUBB CORP	2011-06	PURCHASE	2013-09	62,675	45,791	16,884
780 WALGREEN	2011-12	PURCHASE	2013-06	39,604	24,698	14,906
80,000 US TSY 2.625%	2010-12	PURCHASE	2013-09	82,475	73,997	8,478
800 TARGET CORP	2011-08	PURCHASE	2013-03	52,971	40,610	12,361
800 TARGET CORP	2012-02	PURCHASE	2013-03	52,971	41,892	11,079
820 AMGEN INC COM	2008-05	PURCHASE	2013-09	90,469	35,029	55,440
840 VISA INC	2011-06	PURCHASE	2013-05	139,561	62,447	77,114
85 TYCO INTL LTD	2007-11	PURCHASE	2013-10	2,972	1,639	1,333

- TIN:

TY 2013 InvestmentsCorpBondsSchedule

Name:

CLARK FOUNDATION

EIN: 23-7423789

Name of Bond	End of Year Book Value	End of Year Fair Market Value
200,000 AT&T CORP 6.500% DUE 03-1
35,000 CONOCOPHILLIPS 5.500%
235,000 KEYCORP 6.500% DUE 05-14-
200,000 PACIFIC GAS & ELECTRIC
300,000 WACHOVIA CORP 5.250%	308,158	308,158
350,000 BANK OF AMERICA CORP 5.125%
50,000 WELLS FARGO & CO 5.000%	51,888	51,888
300,000 SIMON PROP GROUP SPG 5.100%
250,000 TARGET CORP 5.375%
300,000 HEWLETT PACKARD CO 2.600%	304,815	304,815
250,000 CITIGROUP INC 6.125%	288,177	288,177
250,000 GENERAL ELEC CAP CORP 5.625%	287,093	287,093
250,000 XEROX CORP 6.350%	285,720	285,720
250,000 JP MORGAN CHASE & CO 4.250%	265,010	265,010
250,000 ALCOA INC 5.400%	255,323	255,323
300,000 APPLIED MATERIALS INC 4.300%	310,521	310,521
250,000 AT&T INC 5.500%	281,420	281,420
250,000 BOTTLING GROUP LLC 5.500%	275,408	275,408
300,000 CATERPILLAR INC 1.500%	298,545	298,545
250,000 UNITEDHEALTH GROUP INC 2.875	237,808	237,808
300,000 USD SIMON PROP GROUP 5.100%	319,488	319,488

- TIN:

TY 2013 InvestmentsCorpStockSchedule

Name:

CLARK FOUNDATION

EIN: 23-7423789

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3,375 SH 3M CO	473,344	473,344
2,167 SH ADT CORPORATION
3,405 SH AETNA INC COM	233,549	233,549
3,400 SH ALLSTATE CORP COM	185,436	185,436
2,385 SH AMGEN INC COM	272,081	272,081
10,265 SH ARCHER DANIELS MIDLAND	445,501	445,501
7,540 SH AT&T INC	265,106	265,106
2,610 SH BECTON DICKINSON & COMPANY	288,379	288,379
629 SH BLACKROCK INC	199,060	199,060
53,100 SH BOSTON SCIENTIFIC CORP
2,265 SH BUNGE LIMITED	185,979	185,979
2,074 SH CHEVRON CORP	259,063	259,063
855 SH CHUBB CORP COM
2,515 SH CONOCOPHILLIPS	177,685	177,685
20,050 SH CORNING INC	357,291	357,291
4,605 SH COVIDIEN PLC	313,601	313,601
3,800 SH DEVON ENERGY CORP	235,106	235,106
3,805 SH EMERSON ELEC CO COM	267,035	267,035
5,800 SH ENERSYS
7,575 SH EPIQ SYSTEMS INC.	122,488	122,488
1,870 SH FEDEX CORPORATION	268,850	268,850
6,000 SH FIRST INTERSTATE BANCSYSTEM	170,220	170,220
3,445 SH GAMESTOP CORP CL A	169,701	169,701
15,870 SH GENERAL ELEC CO COM	444,836	444,836
3,750 SH HELMERICH & PAYNE
5,800 SH HONDA MOTOR CO LTD SPONS AD	239,830	239,830
10,240 SH HOSPIRA INC	422,707	422,707
12,885 SH INTEL CORP COM	334,430	334,430
6,455 SH JOHNSON CONTROLS INC	331,142	331,142
7,530 SH JP MORGAN CHASE & CO	440,354	440,354
22,575 SH KEYCORP NEW COM	302,957	302,957
2,810 SH L-3 COMMUNICATIONS HLDS	300,277	300,277
1,865 SH MCKESSON CORP	301,011	301,011
8,425 SH MDU RESOURCES GROUP	257,384	257,384
7,975 SH MERCK & CO INC COM	399,149	399,149
16,725 SH MICROSOFT CORP COM	625,682	625,682
3,356 SH MOLSON COORS BREWING-B	188,439	188,439
9,200 SH MORGAN STANLEY	288,512	288,512
3,130 SH MURPHY OIL CORP	203,074	203,074
7,710 SH NCR CORP NEW COM	262,603	262,603
8,000 SH PACIFIC CONTINENTAL CORP	127,520	127,520
1,040 SH PENTAIR INC
11,000 SH PEOPLES UNITED FINANCIAL	166,320	166,320
1,907 SH PHILLIPS 66	147,087	147,087
11,000 SH PITNEY BOWES INC COM
4,685 SH PNC BK CORP COM	363,462	363,462
830 SH PPG INDS INC COM
2,515 SH RAYTHEON COMPANY	228,111	228,111
3,445 SH ROYAL DUTCH SHELL PLC ADR A	245,525	245,525
840 SH SCHLUMBERGER LTD COM	75,692	75,692
21,200 SH SOUTHWEST AIRLINES	399,408	399,408
16,475 SH STAPLES INC	261,788	261,788
4,220 SH STATE STREET CORP	309,706	309,706
5,025 SH TARGET CORP
6,275 SH TE CONNECTIVITY LTD	345,815	345,815
6,325 SH TECK RESOURCES LTD
2,000 SH TIME WARNER INC	139,440	139,440
4,335 SH TYCO INTERNATIONAL LTD
6,245 SH US BANCORP	252,298	252,298
6,945 SH VERIZON COMMUNICATIONS
840 SH VISA INC CL A
2,170 SH WAL MART STORES INC COM	170,757	170,757
7,700 SH WALGREEN CO COM
4,25 SH WASHINGTON POST CL B
2,115 SH XCEL ENERGY INC	59,093	59,093
3,305 SH ZIMMER HOLDINGS INC	307,993	307,993
12,155 SH AMER EAGLE OUTFITTERS	175,032	175,032
4,870 SH ABERCROMBIE & FITCH CO	160,272	160,272
4,754 AMDOCS LIMITED	196,055	196,055
5,910 SH ALLEGHENY TECH INC	210,573	210,573
610 SH APPLE INC	342,222	342,222
37,210 SH BROCADE COMMUNICATIONS	329,867	329,867
6,260 SH BABCOCK (THE) AND WILCOX	214,029	214,029
3,200 SH COACH INC	179,616	179,616
2,950 SH DIRECTV SHS	203,727	203,727
4,130 SH GLOBAL PMTS INC GEORGIA	268,409	268,409
425 SH GRAHAM HOLDINGS CO SHS	281,911	281,911
5,194 SH IAC INTERACTIVE CORP	356,573	356,573
3,410 SH KOHLS CORP	193,518	193,518
2,440 SH NATIONAL OILWELL VARCO	194,053	194,053
5,232 SH RENT-A-CENTER INC	174,435	174,435
2,275 SH THE HOWARD HUGHES CORP	273,228	273,228
12,900 SH VODAFONE GROUP	507,099	507,099

- TIN:

TY 2013 InvestmentsGovtObligationsSch

Name:

CLARK FOUNDATION

EIN: 23-7423789

US Government Securities - End of Year Book Value:

5,835,630

US Government Securities - End of Year Fair Market Value:

5,835,630

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

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

- TIN:

TY 2013 InvestmentsOtherSchedule2

Name:

CLARK FOUNDATION

EIN: 23-7423789

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
8,850 SH ISHARES RUSSELL 2000	FMV
16,025 SH VANGUARD MSCI EUROPEAN EFT	FMV
4,533 SH ISHARES MSCI EMERGING MKTS	FMV	189,457	189,457
6,621 SH VANGUARD MSCI EUROPEAN	FMV	389,315	389,315
3,319 ISHARES TR RUSSELL 2000	FMV	382,880	382,880

- TIN:

TY 2013 LegalFeesSchedule

Name:

CLARK FOUNDATION

EIN: 23-7423789

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	2,112

- TIN:

TY 2013 OtherDecreasesSchedule

Name:

CLARK FOUNDATION

EIN: 23-7423789

Description	Amount
UNREALIZED LOSS ON INVESTMENTS	2,853,724

- TIN:

TY 2013 OtherExpensesSchedule

Name:

CLARK FOUNDATION

EIN: 23-7423789

Description	Revenue and Expenses per Books	Net Investment Income
EXPENSES
BANK SERVICE CHARGE	318
LICENSES AND PERMITS	50
BROKERAGE FEE	605	605
WEB HOSTING	288

- TIN:

TY 2013 OtherIncreasesSchedule

Name:

CLARK FOUNDATION

EIN: 23-7423789

Description	Amount
UNREALIZED GAIN ON INVESTMENTS	6,623,642

- TIN:

TY 2013 OtherProfessionalFeesSchedule

Name:

CLARK FOUNDATION

EIN: 23-7423789

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MANAGEMENT FEE	102,387	102,387
ADMINISTRATIVE FEE	3,000

- TIN:

TY 2013 TaxesSchedule

Name:

CLARK FOUNDATION

EIN: 23-7423789

Category	Amount	Net Investment Income
FOREIGN DIVIDEND TAX	3,186	3,186
STATE TAXES	1,200
FEDERAL INCOME TAX	17,110