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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
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 bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$27,150,601J 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.............
3 Interest on savings and temporary cash investments 321,242 321,242  
4 Dividends and interest from securities... 451,337 451,337  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 2,204,895
b Gross sales price for all assets on line 6a 11,672,737
7 Capital gain net income (from Part IV, line 2)... 6,421
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 415    
12 Total. Add lines 1 through 11........ 2,977,889 779,000  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,136      
b Accounting fees (attach schedule)....... Click to see attachment 6,100      
c Other professional fees (attach schedule).... Click to see attachment 123,691 120,691    
17 Interest............... 3,407 3,407    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 24,412 11,331    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 100,891 100,470    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 260,637 235,899   0
25 Contributions, gifts, grants paid....... 1,527,000 1,525,900
26 Total expenses and disbursements. Add lines 24 and 25 1,787,637 235,899   1,525,900
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,190,252
b Net investment income (if negative, enter -0-) 543,101
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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......... 380,759 479,475 479,475
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) 5,623,706 Click to see attachment5,991,782 5,991,782
b Investments—corporate stock (attach schedule)....... 18,140,210 Click to see attachment14,123,477 14,123,477
c Investments—corporate bonds (attach schedule)....... 4,597,986 Click to see attachment4,471,713 4,471,713
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,924,926 Click to see attachment2,084,154 2,084,154
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,667,587 27,150,601 27,150,601
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
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 bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 30,667,587 27,150,601
30 Total net assets or fund balances (see instructions)..... 30,667,587 27,150,601
31 Total liabilities and net assets/fund balances (see instructions). 30,667,587 27,150,601
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
30,667,587
2
Enter amount from Part I, line 27a .....................
2
1,190,252
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
-4,707,238
4
Add lines 1, 2, and 3 ..........................
4
27,150,601
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
27,150,601
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 6,421
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))
2017 1,434,650 29,358,146 0.048867
2016 1,567,386 27,667,246 0.056651
2015 1,455,150 28,793,334 0.050538
2014 1,466,110 28,911,912 0.050710
2013 1,259,650 26,106,876 0.048250
2
Total of line 1, column (d) .....................
2
0.255016
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.051003
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
29,489,907
5
Multiply line 4 by line 3......................
5
1,504,074
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,431
7
Add lines 5 and 6........................
7
1,509,505
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,525,900
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
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 5,431
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 5,431
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 5,431
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 10,000
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 10,000
8 Enter any penalty for underpayment of estimated tax. Check here 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 4,569
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet4,569 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOR
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the 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 (2018)
    Form 990-PF (2018)
    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 ofbulletBARB PURDY Telephone no.bullet (503) 627-9978

    Located atbullet9770 SW SUNSHINE COURTBEAVERTONOR ZIP+4bullet97005
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country 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 2018?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    000.00     		0 0 0
    2433 NW PINNACLE DR
    PORTLAND,OR97229
    TRACEY A CLARK DIRECTOR
    000.00     		0 0 0
    2433 NW PINNACLE DR
    PORTLAND,OR97229
    BRITTNEY CLARK VICE PRESIDE
    000.00     		0 0 0
    7975 SW WILLOWMERE
    PORTLAND,OR97225
    CHRISTOPHER BROOKS DIRECTOR
    000.00     		0 0 0
    7975 SW WILLOWMERE
    PORTLAND,OR97229
    JON HOLZGRAFE DIRECTOR
    000.00     		0 0 0
    300 SE SPOKANE
    PORTLAND,OR97202
    STEVE NICHOLES SECRETARY
    000.00     		0 0 0
    111 SW FIFTH AVENUE 1500
    PORTLAND,OR97204
    PAT BECKER SR DIRECTOR
    000.00     		0 0 0
    1211 SW FIFTH AVENUE 2185
    PORTLAND,OR97204
    JANEEN MCANINCH DIRECTOR
    000.00     		0 0 0
    1211 SW FIFTH AVENUE 2185
    PORTLAND,OR97204
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............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 TO ASSIST IN FUNDING THE RENOVATION OF CLARK LIBRARY. 100,000
    2 PROVIDED FINANCIAL ASSISTANCE TO THE ST. THOMAS MOORE SCHOOL TO HELP FUND THE RENOVATION OF THEIR PARKING GARAGE, GYM AND CLASSROOMS. 100,000
    3 PROVIDED FINANCIAL ASSISTANCE TO THE OREGON HEALTH & SCIENCE UNIVERSITY FOUNDATION TO HELP FUND THE BUILDING OF A SPORTS MEDICINE FACILITY. 50,000
    4 PROVIDED FINANCIAL ASSISTANCE TO THE UNIVERSITY OF PORTLAND TO HELP FUND THE REMODEL OF THE BEAUCHAMP RECREATION & WELLNESS CENTER. 50,000
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    29,258,662
    b
    Average of monthly cash balances.......................
    1b
    575,493
    c
    Fair market value of all other assets (see instructions)................
    1c
    104,837
    d
    Total (add lines 1a, b, and c).........................
    1d
    29,938,992
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    29,938,992
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    449,085
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    29,489,907
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,474,495
    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.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,474,495
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    5,431
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,431
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,469,064
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,469,064
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,469,064
    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
    1,525,900
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,525,900
    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
    5,431
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,520,469
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,469,064
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016...... 72,852
    e From 2017......  
    fTotal of lines 3a through e........ 72,852
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,525,900
    a Applied to 2017, but not more than line 2a  
    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 2018 distributable amount..... 1,469,064
    e Remaining amount distributed out of corpus 56,836
    5 Excess distributions carryover applied to 2018.    
    (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 5 129,688
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		129,688
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 72,852
    d Excess from 2017....  
    e Excess from 2018.... 56,836
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    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 (2018)
    Form 990-PF (2018)
    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
    AMERICAN RED CROSS
    3131 N VANCOUVER
    PORTLAND,OR97227     		N/A   CHARITABLE - PROGRAM SUPPORT 25,000
    ASSISTANCE LEAGUE OF GREATER PORTLA
    40 SW 117TH AVENUE
    BEAVERTON,OR97227     		N/A   CHARITABLE - PROGRAM SUPPORT 10,000
    CARES NW
    2800 N VANCOUVER AVENUE
    SUITE 201
    PORTLAND,OR97227     		N/A   CHARITABLE - PROGRAM SUPPORT 15,000
    CASCADIA BEHAVIORAL HEALTH
    PO BOX 8459
    PORTLAND,OR97207     		N/A   CHARITABLE - CAPITAL CAMPAIGN 10,000
    CATHOLIC CHARITIES
    2740 SE POWELL BLVD
    SUITE 1
    PORTLAND,OR97202     		N/A   CHARITABLE - PROGRAM SUPPORT 25,000
    COASTER THEATRE PRODUCTIONS
    9770 SW SUNSHINE CT
    BEAVERTON,OR97005     		N/A   CULTURAL - PLAY SPONSOR 10,000
    CONGREGATION OF HOLY CROSS
    PO BOX 1064
    NOTRE DAME,IN46556     		N/A   CHARITABLE - PROGRAM SUPPORT 2,500
    CYOCAMP HOWARD
    825 NW 20TH AVENUE
    SUITE 120
    PORTLAND,OR97232     		N/A   CHARITABLE - LODGE PROJECT 10,000
    DE LA SALLE NORTH CATHOLIC HIGH
    7528 N FENWICK AVENUE
    PORTLAND,OR97217     		N/A   EDUCATIONAL - FINANCIAL AID 34,600
    DOVE LEWIS ANIMAL HOSPITAL
    1945 NW PETTYGROVE
    PORTLAND,OR97209     		N/A   CHARITABLE - PROGRAM SUPPORT 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 - PROGRAM SUPPORT 30,000
    EMPOWERS AFRICA
    2 BEEKMAN PLACE
    SUITE 18B
    NEW YORK,NY10022     		N/A   CHARITABLE - PROGRAM SUPPORT 10,000
    FRIENDLY HOUSE
    1737 NW 26TH AVENUE
    PORTLAND,OR97210     		N/A   CHARITABLE - BUILDING FUND 10,000
    FULL CIRCLE PROGRAMS
    15995 SW 74TH AVE
    SUITE 200
    TIGARD,OR97224     		N/A   CHARITABLE - PROGRAM SUPPORT 15,000
    GIRL SCOUTS
    9620 SW BARBUR BLVD
    PORTLAND,OR97219     		N/A   CHARITABLE - SCHOLARSHIPS 25,000
    HIGH DESERT MUSEUM
    59800 SOUTH HWY 97
    BEND,OR97702     		N/A   CHARITABLE - PROGRAM SUPPORT 2,500
    HOLY CROSS CATHOLIC SCHOOL
    5227 NORTH BOWDOIN STREET
    PORTLAND,OR97203     		N/A   EDUCATIONAL - TUITION ASSISTANCE 15,000
    HOLY FAMILY SCHOOL
    7425 SE CEASR CHAVEZ BLVD
    PORTLAND,OR97202     		N/A   EDUCATIONAL - TUITION ASSISTANCE 10,000
    HUMAN SOLUTIONS
    12350 SE POWELL BLVD
    PORTLAND,OR97236     		N/A   CHARITABLE - PROGRAM SUPPORT 25,000
    JESUIT HIGH SCHOOL
    9000 SW BEAVERTON HWY
    PORTLAND,OR97225     		N/A   EDUCATIONAL - BUILDING FUND 100,000
    JESUITS OREGON PROVINCE
    PO BOX 86010
    PORTLAND,OR97286     		N/A   CHARITABLE - PROGRAM SUPPORT 10,000
    LIVING DESERT
    47900 PORTOLA AVE
    PALM DESERT,CA92260     		N/A   CHARITABLE - PROGRAM SUPPORT 25,000
    MATER DEI RADIO
    PO BOX 5888
    PORTLAND,OR97228     		N/A   CHARITABLE - EQUIPMENT 10,000
    MAYBELLE CENTER
    121 NW SIXTH AVENUE
    PORTLAND,OR97209     		N/A   CHARITABLE - GRANT PROJECT 25,000
    MEALS ON WHEELS
    7710 SW 31ST AVENUE
    PORTLAND,OR97219     		N/A   CHARITABLE - PROGRAM SUPPORT 25,000
    MEDICAL TEAMS INTERNATIONAL
    7710 SW 31ST AVENUE
    PORTLAND,OR97219     		N/A   CHARITABLE - PROGRAM SUPPORT 30,000
    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 - PROGRAM & BUILDING SUPPOR 10,000
    OREGON FOOD BANK
    PO BOX 55370
    PORTLAND,OR97238     		N/A   CHARITABLE - FOOD /OPERATING FUNDS 25,000
    OREGON HISTORICAL SOCIETY
    1200 SW PARK AVENUE
    PORTLAND,OR97205     		N/A   CULTURAL - OPERATING FUNDS 10,000
    OREGON HUMANE SOCIETY
    1067 NE COLUMBIA BLVD
    PORTLAND,OR97211     		N/A   CHARITABLE - OPERATING FUNDS 25,000
    OREGON PUBLIC BROADCASTING
    7140 SW MACADAM AVE
    PORTLAND,OR97219     		N/A   CULTURAL - OREGON EXPERIENCE SERIES 25,000
    OREGON SPORTS AUTHORITY
    1888 SW MADISON ST
    PORTLAND,OR972051717     		N/A   CHARITABLE - TRACK TOWN YOUTH LEAGUE 10,000
    OREGON STATE UNIVERSITY FOUNDATION
    707 SW WASHINGTON ST
    SUITE 500
    PORTLAND,OR97205     		N/A   EDUCATIONAL - PROGRAM SUPPORT 50,000
    OREGON SYMPHONY
    921 SW WASHINGTON STREET
    SUITE 200
    PORTLAND,OR97205     		N/A   CHARITABLE - PROGRAM SUPPORT 25,000
    PACIFIC UNIVERSITY OREGON
    2043 COLLEGE WAY
    FOREST GROVE,OR97116     		N/A   CHARITABLE - PROGRAM OUTREACH 10,000
    PARK ACADEMY
    1915 SOUTH SHORE BLVD
    LAKE OSWEGO,OR97034     		N/A   CHARITABLE - SCHOOL IMPROVEMENTS 20,000
    PORTLAND ART MUSEUM
    1219 SW PARK AVENUE
    PORTLAND,OR97205     		N/A   CULTURAL - EXHIBIT SUPPORT 20,000
    PORTLAND PARKS FOUNDATION
    1500 SW FIRST AVE
    SUITE 760
    PORTLAND,OR97201     		N/A   CHARITABLE - BUILDING FUND 10,000
    PORTLAND TENNIS & EDUCATION
    7519 N BURLINGTON
    PORTLAND,OR97203     		N/A   CHARITABLE - PROGRAM SUPPORT 10,000
    PROVIDENCE CHILD CENTER FOUNDATION
    830 NE 47TH AVE
    PORTLAND,OR97213     		N/A   CHARITABLE - PROGRAM SUPPORT 2,500
    PROVIDENCE ST VINCENT MED FOUNDATI
    9205 SW BARNES ROAD
    PORTLAND,OR97225     		N/A   CHARITABLE - PROGRAM SUPPORT 25,000
    RALEIGH HILLS SCHOOL PTO
    5225 SW SCHOLLS FERRY RD
    PORTLAND,OR97225     		N/A   CHARITABLE - PROGRAM SUPPORT 10,000
    SATURDAY ACADEMY
    5000 N WILLAMETTE BLVD
    PORTLAND,OR97203     		N/A   EDUCATION - TUITION ASSIATNCE 10,000
    SISTERS OF ST MARY OF OREGON
    4440 SW 148TH AVE
    BEAVERTON,OR97007     		N/A   EDUCATION - TUITION ASSISTANCE 15,000
    SISTERS OF THE HOLY NAMES
    PO BOX 411
    MARYLHURST,OR97036     		N/A   CHARITABLE - GENERAL SUPPORT 25,000
    SMART
    101 SW MARKET STREET
    PORTLAND,OR97201     		N/A   CHARITABLE - FINANCIAL SUPPORT 10,000
    ST ALEXANDER CHURCH
    PO BOX 644
    CORNELIUS,OR97113     		NA   CHARITABLE - GRANT PROJECT 35,000
    ST ANDREW LEGAL CLINIC
    807 NE ALBERTA ST
    PORTLAND,OR97211     		N/A   CHARITABLE - PROGRAM SUPPORT 20,800
    ST ANDREWS NATIVITY SCHOOL
    PO BOX 11127
    PORTLAND,OR97211     		N/A   EDUCATIONAL - SCHOLARSHIP PROGRAM 12,500
    ST CLARE SCHOOL
    1807 SW FREEMAN
    PORTLAND,OR97219     		N/A   CHARITABLE - BUILDING FUND 16,000
    ST MARY'S ACADEMY
    1615 SW 5TH AVENUE
    PORTLAND,OR97201     		N/A   EDUCATIONAL - VARIOUS PROGRAMS 40,000
    ST MARY'S HOME FOR THE BOYS
    16535 SW TV HWY
    BEAVERTON,OR97006     		N/A   CHARITABLE - PROGRAM SUPPORT 15,000
    STORE TO DOOR
    7730 SW 31ST AVENUE
    PORTLAND,OR97219     		N/A   CHARITABLE - PROGRAM SUPPORT 10,000
    TUCKER MAXON ORAL SCHOOL
    2860 NE HOLGATE
    PORTLAND,OR97202     		N/A   CHARITABLE - PROGRAM SUPPORT 10,000
    UNIVERSITY OF PORTLAND
    5000 N WILLAMETTE BLVD
    PORTLAND,OR97203     		N/A   CHARITABLE - BUILDING FUND 50,000
    YWCA OF GREATER PORTLAND
    1111 SW TENTH AVENUE
    PORTLAND,OR97205     		N/A   CHARITABLE - PROGRAM SUPPORT 25,000
    ZENGER FARM
    11741 SW FOSTER RD
    PORTLAND,OR97266     		N/A   CHARITABLE - PROGRAM SUPPORT 30,000
    CASA FOR CHILDREN
    1401 NE 68TH AVE
    PORTLAND,OR97213     		N/A   CHARITABLE - PROGRAM SUPPORT 20,000
    LIFEWORKS NORTHWEST
    14600 NW CORNELL ROAD
    PORTLAND,OR97229     		N/A   CHARITABLE - BUILDING IMPROVEMENTS 15,000
    BEAVERTON HIGH SCHOOL
    13000 SW 2ND STREET
    BEAVERTON,OR97005     		N/A   CHARITABLE - PROGRAM SUPPORT 1,000
    CHILDRENS CANCER ASSOCIATION
    1200 NW NAILTO PARKWAY
    SUITE 140
    PORTLAND,OR97209     		N/A   CHARITABLE - PROGRAM SUPPORT 10,000
    OREGON COAST AQUARIUM
    2820 SE FERRY SLIP RD
    NEWPORT,OR97365     		N/A   CHARITABLE - BUILDING FUND 20,000
    ST CHARLES FOUNDATION
    2500 NE NEFF RD
    BEND,OR97701     		N/A   CHARITABLE - BUILDING FUND 25,000
    ST THOMAS MORE SCHOOL
    3525 SW PATTON RD
    PORTLAND,OR97221     		N/A   CHARITABLE - BUILDING FUND 100,000
    CANNON BEACH ARTS ASSOCIATION
    PO BOX 684
    CANNON BEACH,OR97110     		N/A   CHARITABLE - PROGRAM SUPPORT 1,000
    FRIENDS OF LAKE COUNTY LIBRARY
    PO BOX 1346
    LAKEVIEW,OR97630     		N/A   CHARITABLE - GENERAL SUPPORT 2,500
    CHESS FOR LESS
    2701 NW VAUGHN ST
    SUITE 101
    PORTLAND,OR97210     		N/A   CHARITABLE - PROGRAM SUPPORT 2,500
    GIRLS ON THE RUN
    2337 NW YORK ST
    SUITE 202E
    PORTLAND,OR97210     		N/A   CHARITABLE - PROGRAM SUPPORT 2,500
    OREGON ZOO FOUNDATION
    4001 SW CANYON ROAD
    PORTLAND,OR97221     		N/A   CHARITABLE - BUILDING FUND 60,000
    CAMP UKANDU
    601 SW 2ND AVE
    SUITE 2300
    PORTLAND,OR97204     		N/A   CHARITABLE - GENERAL SUPPORT 10,000
    NW CATHOLIC COUNSELING
    8383 NE SANDY BLVD
    SUITE 205
    PORTLAND,OR97220     		N/A   CHARITABLE - MEDICAL PROGRAMS 5,000
    NORTH DOUGLAS LIBRARY
    PO BOX 128
    DRAIN,OR97435     		N/A   CHARITABLE - LIBRARY EQUIPMENT 5,000
    OR STATE DAUGHTERS OF AMERICAN REV
    7257 SW IRON HORSE ST
    WILSONVILLE,OR97070     		N/A   CHARITABLE - BUILDING FUND 10,000
    Total .................................bullet 3a 1,525,900
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		    14 321,242  
    4 Dividends and interest from securities....     14 451,337  
    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 ............     		        2,204,895
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIPS     		        415
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   772,579 2,205,310
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,977,889
    (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 (2018)
    Form 990-PF (2018)
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    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 (2018)
    Additional Data


    Software ID:  
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    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 6,100      

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    TY 2018 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
    AT&T INC 2013-03-22 294,030 33,872   10,158 10,158   44,030

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    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    CHEESECAKE FACTORY 2017-10 PURCHASE 2018-06   217,884 179,718     38,166  
    CISCO SYTEMS INC 2017-01 PURCHASE 2018-01   79,720 61,626     18,094  
    DUN & BRADSTREET 2017-08 PURCHASE 2018-06   227,603 190,707     36,896  
    FLEXTRONICS 2018-05 PURCHASE 2018-10   101,085 199,162     -98,077  
    FLOUR CORPORATION 2017-08 PURCHASE 2018-01   299,346 189,923     109,423  
    GENERAL ELECTRIC 2017-11 PURCHASE 2018-08   72,490 103,443     -30,953  
    HCP INC 2018-02 PURCHASE 2018-12   245,975 199,481     46,494  
    MADISON SQUARE GARDEN COCLASS 2017-09 PURCHASE 2018-08   180,391 123,006     57,385  
    MURPHY USA INC 2017-04 PURCHASE 2018-01   195,874 156,305     39,569  
    NEWELL BRANDS 2018-02 PURCHASE 2018-10   198,649 344,924     -146,275  
    TIME WARNER 2017-11 PURCHASE 2018-03   309,099 283,623     25,476  
    XEROX CORP 2017-11 PURCHASE 2018-10   117,752 133,884     -16,132  
    AT&T INC 5.5XXX MATURED 2013-03 PURCHASE 2018-02   250,000 250,000        
    AETNA 2009-05 PURCHASE 2018-07   289,680 50,606     239,074  
    APPLE INC 2012-12 PURCHASE 2018-01   390,998 157,137     233,861  
    ASTRAZENECA 2016-06 PURCHASE 2018-09   144,109 113,952     30,157  
    AVNET 2014-05 PURCHASE 2018-02   39,414 42,889     -3,475  
    BLACKROCK 2011-09 PURCHASE 2018-04   353,240 98,653     254,587  
    CHEVRON CORPORATION 2008-02 PURCHASE 2018-03   235,262 163,871     71,391  
    CIENA CORP 2017-09 PURCHASE 2018-12   106,599 69,558     37,041  
    CISCO SYSTEMS 2017-01 PURCHASE 2018-03   150,311 107,846     42,465  
    EMBRAER 2017-04 PURCHASE 2018-07   249,643 220,537     29,106  
    EMBRAER SA 2016-09 PURCHASE 2018-02   51,694 38,066     13,628  
    EXXON MOBIL CORP 2015-09 PURCHASE 2018-12   191,045 182,948     8,097  
    FEDERAL NATL MT 0.875XXX MATURED 2013-05 PURCHASE 2018-05   475,000 474,486     514  
    FIRSTENERGY CORP 2017-04 PURCHASE 2018-04   124,011 113,880     10,131  
    GENERAL ELECTRIC 5.625 MATURED 2012-06 PURCHASE 2018-05   250,000 250,000        
    GENERAL ELECTRIC CO 2008-10 PURCHASE 2018-08   133,927 163,926     -29,999  
    JP MORGAN CHASE 2009-02 PURCHASE 2018-03   117,607 29,007     88,600  
    KROGER CO 2016-10 PURCHASE 2018-07   177,119 195,367     -18,248  
    MAGNA INTL 2016-10 PURCHASE 2018-01   164,505 126,880     37,625  
    MERCK & CO 2010-04 PURCHASE 2018-03   55,338 33,466     21,872  
    MERCK & CO 2011-06 PURCHASE 2018-12   67,364 31,111     36,253  
    METHANEX CORP 2016-11 PURCHASE 2018-01   256,206 149,704     106,502  
    MICROSOFT CORP 2011-06 PURCHASE 2018-02   240,804 75,337     165,467  
    MOSAIC 2016-11 PURCHASE 2018-02   54,154 55,319     -1,165  
    NIKE INC 2016-12 PURCHASE 2018-02   205,822 158,360     47,462  
    NTNL OILWELL VAR 2016-10 PURCHASE 2018-09   39,763 30,367     9,396  
    PFIZER INC 2014-07 PURCHASE 2018-09   172,213 114,629     57,584  
    PHILLIPS 66 2019-03 PURCHASE 2018-01   194,805 38,947     155,858  
    RAYTHEON COMPANY 2008-06 PURCHASE 2018-02   271,910 62,790     209,120  
    ROYAL DUTCH SHELL 2011-06 PURCHASE 2018-02   34,464 33,815     649  
    STATE STREET CORP 2011-06 PURCHASE 2018-02   109,277 37,639     71,638  
    TE CONNECTIVITY 2008-11 PURCHASE 2018-02   133,746 46,738     87,008  
    THE MOSAIC CO 2016-11 PURCHASE 2018-06   342,557 282,221     60,336  
    US TREASURY 1.625% NOTE 2015-02 PURCHASE 2018-02   794,616 801,707     -7,091  
    US TREASURY 2.75% MATURED 2015-02 PURCHASE 2018-02   2,100,000 2,100,000        
    VODAFONE 2016-10 PURCHASE 2018-03   58,044 56,425     1,619  
    WALMART INC 2014-02 PURCHASE 2018-02   52,738 36,539     16,199  
    WEYERHAEUSER CO 2016-12 PURCHASE 2018-04   226,463 191,317     35,146  
    XEROX CORP 6.35 MATURED 2012-12 PURCHASE 2018-05   41,000 41,000        
    XEROX CORP 6.35 MATURED 2015-02 PURCHASE 2018-05   75,000 75,000        

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AT&T INC 5.500%    
    GENERAL ELEC CAP CORP 5.625%    
    XEROX CORP GLB 6.350%    
    DEERE & COMPANY 303,521 303,521
    IBM CORP 8.375% 313,724 313,724
    AMERICAN EXPRESS 2.6% 345,928 345,928
    AMGEN INC. 3.45% 300,949 300,949
    JP MORGAN CHASE & CO 4.250% 305,164 305,164
    ARCONIC INC. 5.4% 253,438 253,438
    APPLE INC 2.85% 300,067 300,067
    APPLIED MATERIALS INC 4.300% 308,290 308,290
    UNITEDHEALTH GROUP INC 2.875 248,083 248,083
    ORACLE CORPORATION 2.5% 293,550 293,550
    CELGENE CORP 3.25% 293,891 293,891
    CHEVRON CORP 2.355% 290,207 290,207
    GOLDMAN SACHS GROUP 296,229 296,229
    CITIGROUP INC 344,250 344,250
    NIKE INC 274,422 274,422

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC 215,192 215,192
    AETNA INC COM    
    ALLEGHENY CORP 286,727 286,727
    ALLERGAN 291,379 291,379
    ALLSTATE CORP COM 203,270 203,270
    AMDOCS LIMITED 173,631 173,631
    AMERICAN INTL GROUP 213,602 213,602
    APPLE INC 294,185 294,185
    ASTRAZENECA PLC SPND ADR 310,107 310,107
    AVNET INC 203,243 203,243
    BAKER HUGHES 213,280 213,280
    BLACKROCK INC    
    BORG WARNER INC 130,275 130,275
    BUNGE LIMITED 133,867 133,867
    CBS CORP 250,516 250,516
    CHEESECAKE FACTORY    
    CHEVRON CORP    
    CIEN CORP 273,484 273,484
    CISCO SYSTEMS INC 294,211 294,211
    CITIGROUP INC 310,017 310,017
    COHERENT INC 124,209 124,209
    DISCOVERY COMM 216,260 216,260
    DUN & BRADSTREET CO    
    ELECTRONICS FOR IMAG 171,864 171,864
    EMBRAER SA 291,452 291,452
    EXXON MOBIL CORP    
    FIRSTENERGY CORP 208,027 208,027
    FLUOR CORPORATION 134,274 134,274
    FORD MOTOR 213,619 213,619
    GENERAL ELEC CO COM    
    GILEAD SCIENCES INC 262,710 262,710
    HOWARD HUGHES CORP 299,693 299,693
    IMAX CORP 217,632 217,632
    INTERNTNL PAPER 222,383 222,383
    JOHNSON AND JOHNSON 308,430 308,430
    JP MORGAN CHASE & CO 343,622 343,622
    JEFFRIES 240,089 240,089
    KROGER CO 279,950 279,950
    LEGGETT & PLATT INC 151,245 151,245
    LOEWS CORP 271,754 271,754
    MADISON SQUARE GARDEN 167,313 167,313
    MAGNA INTL INC 169,756 169,756
    MCKESSON CORP 206,027 206,027
    MERCK & CO INC COM 275,076 275,076
    METHANEX CORP 160,938 160,938
    MICROSOFT CORP COM 218,883 218,883
    MOLSON COORS BREWING 259,178 259,178
    MOSAIC CO    
    MURPHY USA INC    
    NATIONAL-OILWELL VARCO INC    
    NEWELL BRANDS INC    
    NEWMONT MINING CORP 246,708 246,708
    NIKE    
    NOBLE ENERGY INC 184,129 184,129
    NTNL OILWELL VAR 199,047 199,047
    PFIZER INC 197,953 197,953
    PHILLIPS 66    
    PNC FINCL SERVICES GROP 240,250 240,250
    PORTLAND GENERL ELEC 344,563 344,563
    PROCTOR & GAMBLE CO 198,547 198,547
    QUALCOMM INC 176,421 176,421
    RAYTHEON COMPANY 141,082 141,082
    ROYAL DUTCH SHELL PLC ADR A 357,486 357,486
    SCHLUMBERGER LTD COM 203,311 203,311
    SIEMENS A G 235,536 235,536
    SOUTHWEST AIRLINES 175,462 175,462
    STATE STREET CORP 301,790 301,790
    TE CONNECTIVITY LTD 146,344 146,344
    TIME WARNER INC    
    US BANCORP 285,397 285,397
    VODAFONE GROUP PLC 358,319 358,319
    WAL MART STORES INC COM 341,861 341,861
    WELLS FARGO & CO 363,110 363,110
    XEROX CORP 214,791 214,791
    WEYERHAEUSER CO    

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    US Government Securities - End of Year Book Value:

    5,991,782
    US Government Securities - End of Year Fair Market Value:

    5,991,782
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 InvestmentsOtherSchedule2
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES MSCI MEXICO FMV    
    ISHARES MSCI INDIA FMV 230,880 230,880
    ISHARES MSCI MEXICO FMV 136,924 136,924
    ISHARS TR RUSSELL 2000 VALUE ETF FMV 192,682 192,682
    ISHARES TR RUSSELL 2000 VALUE ETF FMV 327,997 327,997
    ISHARES INC CORE MSCI FMV 357,869 357,869
    VANGUARD MSCI EUROPEAN FMV 391,634 391,634
    CORP OFFICE PPTY TR FMV 157,725 157,725
    WEYERHAEUSER CO FMV 288,443 288,443

    TY 2018 LegalFeesSchedule
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      2,136      


    TY 2018 OtherExpensesSchedule
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    LICENSES AND PERMITS 50      
    BROKERAGE FEE 1,200 1,200    
    WEB HOSTING 328      
    MISCELLANEOUS EXPENSE 50      
    ROUNDING -7      


    TY 2018 OtherIncomeSchedule2
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIPS 415    


    TY 2018 OtherIncreasesSchedule
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS -4,707,238


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEE 120,691 120,691    
    ADMINISTRATIVE FEE 3,000      


    TY 2018 TaxesSchedule
    Name:
    CLARK FOUNDATION
    EIN:
    23-7423789
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN DIVIDEND TAX 11,331 11,331    
    STATE TAXES 2,400      
    FEDERAL INCOME TAX 10,681