Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
CLARKS FORK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)270 WESTMINSTER NO 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAKE FOREST, IL60045
A Employer identification number

36-3674219
B Telephone number (see instructions)

(847) 234-1123
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,184,712J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 28,908 28,908  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 200,207
b Gross sales price for all assets on line 6a 702,409
7 Capital gain net income (from Part IV, line 2)... 200,207
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 9,885 9,885  
12 Total. Add lines 1 through 11........ 239,000 239,000  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,906 200   6,706
c Other professional fees (attach schedule).... Click to see attachment 45,083 45,083   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,216 1,028   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,844 3,644   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 63,049 49,955   6,706
25 Contributions, gifts, grants paid....... 161,777 161,777
26 Total expenses and disbursements. Add lines 24 and 25 224,826 49,955   168,483
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,174
b Net investment income (if negative, enter -0-) 189,045
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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......... 94,560 249,520 249,520
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 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)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
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 attachment2,833,538 Click to see attachment2,692,549 Click to see attachment2,935,192
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,928,098 2,942,069 3,184,712
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 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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 2,928,098 2,942,069
30 Total net assets or fund balances (see instructions)..... 2,928,098 2,942,069
31 Total liabilities and net assets/fund balances (see instructions). 2,928,098 2,942,069
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
2,928,098
2
Enter amount from Part I, line 27a .....................
2
14,174
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,942,272
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
203
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,942,069
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a JANUS INSTITUTIONAL AGGRESSIVE GROWTH FUND P 2015-01-01 2015-12-31
b JANUS INSTITUTIONAL AGGRESSIVE GROWTH FUND P 2010-01-01 2015-12-31
c SECURITY LITIGATION P 2010-01-01 2015-12-31
d BMO CUSTODY P 2015-01-01 2015-12-31
e BMO CUSTODY P 2010-01-01 2015-12-31
CAPITAL GAINS DIVIDENDS P    
(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       4,224
b       48,373
c 51     51
d 103,198   103,247 -49
e 541,572   451,552 90,020
57,588     57,588
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       4,224
b       48,373
c       51
d       -49
e       90,020
      57,588
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 2 200,207
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
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 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))
2014 201,473 3,492,088 0.057694
2013 185,209 3,283,174 0.056412
2012 306,570 3,152,593 0.097244
2011 296,981 3,360,517 0.088374
2010 233,395 3,445,993 0.067729
2
Total of line 1, column (d) .....................
20.367453
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
0.073491
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
3,306,547
5
Multiply line 4 by line 3......................
5
243,001
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,890
7
Add lines 5 and 6........................
7
244,891
8
Enter qualifying distributions from Part XII, line 4.............
8
168,483
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 3,781
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 0
3 Add lines 1 and 2........................... 3 3,781
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,781
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 4,760
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 4,760
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 979
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet979 RefundedBullet 11 0
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 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • 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 instructions)
    bulletIL
    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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    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
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletKATHRYN LANSING Telephone no.bullet (847) 234-1123

    Located atbullet270 WESTMINSTER SUITE 300LAKE FORESTIL ZIP+4bullet60045
    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 2015, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    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 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 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (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 4945(d)(4)(A)? (see 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 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 (2015)
    Form 990-PF (2015)
    Page 7
    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
    MARGARET S HART DIRECTOR & PRESIDENT
    2.00     		0 0 0
    270 WESTMINSTER
    LAKE FOREST,IL60045
    KATHRYN H LANSING DIRECTOR & SECRETARY
    1.00     		0 0 0
    270 WESTMINSTER
    LAKE FOREST,IL60045
    HEATHER HART GOLDSTEIN DIRECTOR & TREASURER
    1.00     		0 0 0
    270 WESTMINSTER
    LAKE FOREST,IL60045
    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...................bullet 0
    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.............bullet0
    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
     
    2  
    3  
    4  
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,384,007
    b
    Average of monthly cash balances.......................
    1b
    104,538
    c
    Fair market value of all other assets (see instructions)................
    1c
    868,356
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,356,901
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,356,901
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    50,354
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,306,547
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    165,327
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    165,327
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    3,781
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,781
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    161,546
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    161,546
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    161,546
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    168,483
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    168,483
    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 instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    168,483
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 161,546
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 61,095
    b From 2011...... 131,027
    c From 2012...... 149,312
    d From 2013...... 24,339
    e From 2014...... 31,602
    fTotal of lines 3a through e........ 397,375
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 168,483
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 161,546
    e Remaining amount distributed out of corpus 6,937
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 404,312
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		61,095
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		343,217
    10 Analysis of line 9:
    a Excess from 2011.... 131,027
    b Excess from 2012.... 149,312
    c Excess from 2013.... 24,339
    d Excess from 2014.... 31,602
    e Excess from 2015.... 6,937
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    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
    A SAFE PLACE
    2710 17TH ST
    ZION,IL60099     		  PC COMMUNITY 500
    AK TAYLOR FUND
    2724 ARVIN ROAD
    BILLINGS,MT59102     		  PC ENVIRONMENT 300
    ALLENDALE ASSOCIATION
    PO BOX 1088
    LAKE VILLA,IL60046     		  PC EDUCATION 500
    AMERICAN BIRD CONSERVANCY
    4249 LOUDOUN AVENUE
    THE PLAINS,VA20198     		  PC CONSERVATION 50
    AMERICAN RED CROSS OF GREATER CHICAGO
    2200 W HARRISON ST
    CHICAGO,IL60612     		  PC COMMUNITY 2,000
    ART INSTITUTE OF CHICAGO
    111 S MICHIGAN AVE
    CHICAGO,IL60603     		  PC CULTURE 100
    ASPCA
    424 E 92ND ST
    NEW YORK,NY10128     		  PC OTHER 40
    BEARTOOTH BILLINGS CLINIC
    2525 NORTH BROADWAY
    RED LODGE,MT59068     		  PC HEALTH 250
    BOZEMAN SCHOOLS FOUNDATION
    PO BOX 1803 BOZEMAN
    BOZEMAN,MT59771     		  PC EDUCATION 5,000
    BRAVO WAUKEGAN
    400 E ILLINOIS RD
    LAKE FOREST,IL60045     		  PC OTHER 100
    BRUSHWOOD CENTER AT RYERSON WOODS
    21850 N RIVERWOODS ROAD
    DEERFIELD,IL60015     		  PC COMMUNITY 100
    BUFFALO BILL HISTORICAL CENTER
    720 SHERIDAN AVE
    CODY,WY82414     		  PC EDUCATION 2,000
    CARE
    151 ELLIS STREET NE
    ATLANTA,GA30303     		  PC COMMUNITY 600
    CENTER STAGE LAKE FOREST
    400 E ILLINOIS RD
    LAKE FOREST,IL60045     		  PC COMMUNITY 100
    CHICAGO BOTANIC GARDEN
    1000 LAKE COOK ROAD
    GLENCOE,IL60022     		  PC ENVIRONMENT 150
    CHICAGO SYMPHONY ORCHESTRA
    220 S MICHIGAN AVE
    CHICAGO,IL60604     		  PC CULTURE 200
    CHILDREN'S HOME & AID SOCIETY OF IL
    125 S WACKER DR
    CHICAGO,IL60606     		  PC COMMUNITY 250
    COMMON GROUND
    815 ROSEMARY TERRACE
    DEERFIELD,IL60015     		  PC PUBLIC POLICY 100
    COOKE CITY MONTANA MUSEUM
    206 W MAIN
    COOKE CITY,MT59020     		  PC OTHER 200
    COTTON BAY FOUNDATION
    590 DUKE ROAD
    BUFFALO,NY14225     		  PC COMMUNITY 1,000
    CROYA
    400 HASTINGS ROAD
    LAKE FOREST,IL60045     		  PC OTHER 1,000
    DEER PATH ART LEAGUE
    400 E ILLINOIS RD
    LAKE FOREST,IL60045     		  PC CULTURE 300
    DEL E WEBB CENTER FOR PERFORMING ARTS
    1090 S VULTURE MINE RD
    WICKENBURG,AZ85390     		  PC OTHER 1,000
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVENUE SOUTH
    NEW YORK,NY10010     		  PC ENVIRONMENT 200
    ERIE NEIGHBORHOOD HOUSE
    1701 W SUPERIOR STREET
    CHICAGO,IL60622     		  PC COMMUNITY/EDUCATION 150
    FIELD MUSEUM
    1400 S LAKE SHORE DR
    CHICAGO,IL60605     		  PC EDUCATION 100
    FIRST PRESBYTERIAN CHURCH OF LAKE FOREST
    700 N SHERIDAN ROAD
    LAKE FOREST,IL60045     		  PC RELIGIOUS 20,550
    FIRST PRESBYTERIAN CHURCH OF WICKENBURG
    180 N ADAMS ST
    WICKENBURG,AZ85390     		  PC RELIGIOUS 800
    FOREST PARK PROJECT
    PO BOX 868
    LAKE FOREST,IL60045     		  PC OTHER 200
    FRIENDS OF CHANNEL 8
    PO BOX 870108
    TEMPE,AZ85287     		  PC EDUCATION 300
    FRIENDS OF MUSIC
    5500 PRYTANIA ST
    NEW ORLEANS,LA70115     		  PC OTHER 100
    FRIENDSHIP BRIDGE
    3560 HIGHWAY 74
    EVERGREEN,CO80439     		  PC CULTURE 100
    FRONTIER NURSING SERVICE
    132 FNS DRIVE
    WENDOVER,KY41775     		  PC HEALTH 100
    GOLDEN APPLE FOUNDATION
    8 SOUTH MICHIGAN AVE
    CHICAGO,IL60603     		  PC EDUCATION 500
    GORTON COMMUNITY CENTER
    400 E ILLINOIS RD
    LAKE FOREST,IL60045     		  PC COMMUNITY 1,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 WEST ANN LURIE PLACE
    CHICAGO,IL60632     		  PC HEALTH 2,000
    GREATER YELLOWSTONE COALITION
    PO BOX 1874
    BOZEMAN,MT59771     		  PC CONSERVATION 500
    HEIFER INTERNATIONAL
    PO BOX 6021
    ALBERT LEA,MN56007     		  PC HEALTH 500
    HOMEWARD BOUND PET RESUE
    1720 HUSTON DRIVE
    DECATUR,IL62526     		  PC COMMUNITY 200
    INFANT WELFARE SOCIETY OF CHICAGO
    3600 WEST FULLERTON
    CHICAGO,IL60647     		  PC HEALTH 300
    INTERNATIONAL CRANE FOUNDATION
    E11376 SHADY LANE RD
    BARABOO,WI53913     		  PC OTHER 100
    INTERNATIONAL HOUSE
    1414 E 59TH ST
    CHICAGO,IL60637     		  PC EDUCATION 100
    JOHN G SHEDD AQUARIUM
    1200 S LAKE DRIVE
    CHICAGO,IL60605     		  PC COMMUNITY 100
    LAKE BLUFF 4TH OF JULY COMMITTEE
    PO BOX 211
    LAKE BLUFF,IL60044     		  PC COMMUNITY 100
    LAKE COUNTRY CARES
    WWWLAKECOUNTRYCARESORG
    LAKE COUNTRY,IL60000     		  PC HEALTH, COMMUNITY, CULTURE, AND EDUCATION 500
    LAKE COUNTRY COMMUNITY FOUNDATION
    114 SOUTH GENESSE STREET SUITE 505
    WAUKEGAN,IL60085     		  PC COMMUNITY 2,000
    LAKE FOREST COLLEGE
    555 N SHERIDAN ROAD
    LAKE FOREST,IL60045     		  PC EDUCATION 10,000
    LAKE FOREST COUNTRY DAY SCHOOL
    145 S GREEN BAY RD
    LAKE FOREST,IL60045     		  PC EDUCATION 500
    LAKE FOREST FIREMAN'S ASSOCIATION
    255 W DEERPATH RD
    LAKE FOREST,IL60045     		  PC COMMUNITY 100
    LAKE FOREST GARDEN CLUB
    765 N SHERIDAN ROAD
    LAKE FOREST,IL60045     		  PC CONSERVATION 100
    LAKE BLUFFFOREST HISTORICAL SOCIETY
    361 E WESTMINSTER
    LAKE FOREST,IL60045     		  PC CULTURE 500
    LAKE FOREST OPEN LANDS ASSOCIATION
    272 E DEERPATH RD
    LAKE FOREST,IL60045     		  PC CONSERVATION 17,300
    LAKE FOREST POLICE ASSOCIATION
    255 W DEERPATH RD
    LAKE FOREST,IL60045     		  PC COMMUNITY 100
    LAKE FOREST PRESERVATION FOUNDATION
    400 E ILLINOIS RD
    LAKE FOREST,IL60045     		  PC COMMUNITY 250
    LAKE FOREST SYMPHONY
    50 EAST OLD MILL ROAD
    LAKE FOREST,IL60045     		  PC CULTURE 300
    MARCH OF DIMES
    3400 W EUCLID AVENUE
    ARLINGTON HEIGHTS,IL60005     		  PC COMMUNITY 50
    MCCORMICK THEOLOGICAL SEMINARY
    5460 S UNIVERSITY AVE
    CHICAGO,IL60045     		  PC EDUCATION 14,324
    MCKINLOCK POST FOUNDATION
    PO BOX 264
    LAKE FOREST,IL60045     		  PC COMMUNITY 150
    MISS HALL'S SCHOOL
    PO BOX 1166
    PITTSFIELD,MA01202     		  PC EDUCATION 1,000
    MONTANA OUTDOOR SCIENCE SCHOOL
    PO BOX 502
    BOZEMAN,MT59770     		  PC EDUCATION 250
    MT REPUBLIC CHAPEL OF PEACE
    PO BOX 1112
    COOKE CITY,MT59020     		  PC RELIGIOUS 500
    NATIONAL PARK CONSERVATION ASSOCIATION
    777 6TH STREET NW SUITE 700
    WASHINGTON,DC20001     		  PC OTHER 12,500
    NIGHT MINISTRY
    4711 N RAVENSWOOD AVE
    CHICAGO,IL60640     		  PC RELIGIOUS 500
    NORTH CHICAGO COMMUNITY
    2000 LEWIS AVE
    NORTH CHICAGO,IL60064     		  PC OTHER 2,000
    NORTHERN ILLINOIS FOOD BANK
    273 DEARBORN COURT
    GENEVA,IL50134     		  PC OTHER 1,500
    NORTHERN PLAINS RESOURCE COUNCIL
    220 S 27TH ST
    BILLINGS,MT59101     		  PC ENVIRONMENT 100
    NORTHWESTERN LAKE FOREST HOSPITAL
    660 N WESTMORELAND RD
    LAKE FOREST,IL60045     		  PC OTHER 25,000
    OPENLANDS
    272 E DEERPATH DR
    LAKE FOREST,IL60045     		  PC OTHER 500
    OUTWARD BOUND USA
    29-46 NORTHERN BLVD
    LONG ISLAND,NY11101     		  PC EDUCATION 100
    PADS CRISIS SERVICES
    3001 GREEN BAY ROAD
    NORTH CHICAGO,IL60064     		  PC HEALTH 1,000
    PATHFINDER INTERNATIONAL
    1201 CONNECTICUT AVENUE NW SUITE
    700
    WASHINGTON,DC20036     		  PC OTHER 1,000
    PAWS
    1616 DEERFIELD ROAD
    HIGHLAND PARK,IL60035     		  PC COMMUNITY 150
    PLANNED PARENTHOOD
    18 S MICHIGAN AVE
    CHICAGO,IL60603     		  PC HEALTH 1,000
    RAGDALE FOUNDATION
    1260 N GREEN BAY ROAD
    LAKE FOREST,IL60045     		  PC COMMUNITY 2,000
    RUSH UNIVERSITY MEDICAL CENTER
    1653 W CONGRESS PARKWAY
    CHICAGO,IL60612     		  PC HEALTH 500
    SALVATION ARMY
    431 S GENESEE STREET
    WAUKEGAN,IL60085     		  PC COMMUNITY 250
    SMILE TRAIN
    41 MADISON AVENUE 28TH FLOOR
    NEW YORK,NY10010     		  PC HEALTH 50
    SONORAN INSTITUTE
    100 N STONE AVENUE SUITE 400
    TUCSON,AZ85701     		  PC ENVIRONMENT 200
    ST JUDE'S CHILDREN'S RESEARCH HOSPITAL
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		  PC HEALTH 100
    STUDENT CONSERVATION ASSOCIATION
    PO BOX 550
    CHARLESTWON,NH03603     		  PC CONSERVATION 300
    TEACH FOR AMERICA
    820 N ORLEANS ST
    CHICAGO,IL60610     		  PC EDUCATION 2,000
    THE AMERICAN HIMALAYAN FOUNDATION
    909 MONTGOMERY STREET SUITE 400
    SAN FRANCISCO,CA94133     		  PC ENVIRONMENT 250
    THE CENTER FOR VICTIM OF TORTURE
    2356 UNIVERSITY AVENUE WEST SUITE
    430
    ST PAUL,MN55114     		  PC FOREIGN AFFAIRS 1,000
    THE CHICAGO COUNCIL ON GLOBAL AFFAIRS
    332 S MICHIGAN AVE
    CHICAGO,IL60604     		  PC FOREIGN AFFAIRS 1,103
    THE COMMUNITY CHURCH OF LAKE FOREST & LAKE BLUFF
    PO BOX 26
    LAKE BLUFF,IL60044     		  PC RELIGIOUS 1,000
    THE HERITAGE FOUNDATION
    214 MASSACHUSETTS AVE NE
    WASHINGTON,DC20002     		  PC OTHER 50
    THE LAKE COUNTY HAVEN
    PO BOX 127
    LIBERTYVILLE,IL60048     		  PC HEALTH 100
    THE LORD'S ACRE
    PO BOX 271
    FAIRVIEW,NC28730     		  PC RELIGIOUS/COMMUNITY 500
    THE NATURE CONSERVANCY-ILLINOIS CHAPTER
    8 S MICHIGAN AVE
    CHICAGO,IL60603     		  PC CONSERVATION 500
    THE WETLANDS INITIATIVE
    53 WEST JACKSON BLVD
    CHICAGO,IL60604     		  PC CONSERVATION 150
    THE WILDERNESS SOCIETY
    1615 M STREET NW
    WASHINGTON,DC20036     		  PC ENVIRONMENT 100
    THE YELLOWSTONE PARK FOUNDATION
    222 EAST MAIN ST
    BOZEMAN,MT59715     		  PC CONSERVATION 1,000
    UNITED WAY OF LAKE FORESTLAKE BLUFF
    540 W FRONTAGE ROAD
    NORTHFIELD,IL60093     		  PC COMMUNITY 1,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		  PC EDUCATION 1,000
    VFW
    609 EDGEBROOKDR
    CHAMPAIGN,IL61820     		  PC OTHER 150
    WESTERN ORGANIZATION OF RESOURCE COUNCILS
    220 S 27TH ST
    BILLINGS,MT59101     		  PC ENVIRONMENT 35
    WICKENBURG HUMANE SOCEITY
    4000 INDUSTRIAL ROAD
    WICKENBURG,AZ85390     		  PC COMMUNITY 100
    WOUNDED WARRIOR PROJECT
    PO BOX 758517
    TOPEKA,KS66675     		  PC OTHER 225
    WTTW CHANNEL 11
    5400 NORTH ST LOUIS AVE
    CHICAGO,IL60625     		  PC EDUCATION 10,000
    YELLOWSTONE ASSOCIATION
    PO BOX 117
    YELLOWSTONE NATIONAL P,WY82190     		  PC ENVIRONMENT 1,000
    Total .................................bullet 3a 161,777
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    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
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 28,908  
    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.....     01 9,885  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 200,207  
    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).. 0 239,000 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13239,000
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) 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
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    CLARKS FORK FOUNDATION
    EIN:
    36-3674219
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BMO ACCOUNTING FEES 200 200   0
    VOGEL CONSULTING FEES 6,706 0   6,706

    TY 2015 OtherAssetsSchedule
    Name:
    CLARKS FORK FOUNDATION
    EIN:
    36-3674219
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    TEMPLETON INTERNATIONAL FOREIGN EQUITY 172,285 176,869 191,016
    EAGLE MID CAP GROWTH (HAGAX) 154,573 123,455 185,095
    KINETICS PARADIGM FUND (WWNPX) 85,249 0 0
    HARBOR INTERNATIONAL FUND (HAINX) 182,112 191,224 198,946
    JANUS INSTITUTIONAL AGGRESSIVE GROWTH PORTFOLIO 392,380 358,989 355,234
    HARDING LOEVNER EMERGING MARKETS (HLEMX) 104,928 105,372 80,488
    SANDALWOOD OVERSEAS FUND SPC CLASS B 402,099 402,099 502,591
    DIAMOND HILL LONG-SHORT A 126,029 126,811 164,342
    MERGER FUND 133,531 114,305 112,536
    JENSEN FUND CLASS J 117,231 0 0
    WHV INTERNATIONAL EQUITY 107,704 0 0
    BMO SMALL CAP 125,715 0 0
    FMI LARGE CAP 439,646 423,541 474,739
    HOMESTEAD SMALL COMPANY STOCK 67,538 72,398 100,805
    GATEWAY FUND A 117,350 119,664 127,222
    WESTMINSTER II 1,982 9,469 10,531
    DEUTSCHE GLOBAL 52,470 53,233 43,533
    T ROWE PRICE REAL ASSETS 50,716 51,443 39,462
    ARTISAN INTERNATIONAL FUND 0 93,344 87,022
    EDGEWOOD GROWTH FUND CLASS INSTITUTIONAL 0 180,343 175,050
    ISHARES RUSSELL MID VALUE ETF 0 89,990 86,580


    TY 2015 OtherDecreasesSchedule
    Name:
    CLARKS FORK FOUNDATION
    EIN:
    36-3674219
    Description Amount
    COST BASIS ADJUSTMENT - WASH SALE 203


    TY 2015 OtherExpensesSchedule
    Name:
    CLARKS FORK FOUNDATION
    EIN:
    36-3674219
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PORTFOLIO DEDUCTIONS - FROM K-1 JANUS INSTITUTIONAL CONCENTRATED GROWTH 3,644 3,644   0
    MISCELLANEOUS EXPENSES 200 0   0


    TY 2015 OtherIncomeSchedule2
    Name:
    CLARKS FORK FOUNDATION
    EIN:
    36-3674219
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    JANUS INSTITUTIONAL AGGRESSIVE GROWTH -1 -1 -1
    WESTMINSTER II - RENTAL/ORDINARY INCOME 7,264 7,264 7,264
    FAIRFIELD GREENWICH BANKRUPTCY RECOVERY 2,622 2,622 2,622


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    CLARKS FORK FOUNDATION
    EIN:
    36-3674219
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BMO CUSTODY FEES 646 646   0
    VOGEL CONSULTING FEES 44,437 44,437   0


    TY 2015 TaxesSchedule
    Name:
    CLARKS FORK FOUNDATION
    EIN:
    36-3674219
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES - BMO 983 983   0
    FOREIGN TAXES - FROM K-1 - JANUS INSTITUATIONAL CONCENTRATED GROWTH 45 45   0
    FEDERAL/STATE INCOME TAXES 6,188 0   0