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 07-01-2018 , and ending 06-30-2019
Name of foundation
THE GREATER CLARK FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 4843
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WINCHESTER, KY40392
A Employer identification number

61-0475632
B Telephone number (see instructions)

(859) 355-9062
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$38,531,773J 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) 146,903
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,682 1,682  
4 Dividends and interest from securities...   748,478  
5a Gross rents............ 86,988 86,988  
b Net rental income or (loss) 10,937
6a Net gain or (loss) from sale of assets not on line 10 1,170,977
b Gross sales price for all assets on line 6a 7,259,632
7 Capital gain net income (from Part IV, line 2)... 1,816,026
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 3,131 122,953 0
12 Total. Add lines 1 through 11........ 1,409,681 2,776,127 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 293,668 14,683 0 170,327
14 Other employee salaries and wages...... 151,186 7,559 0 124,233
15 Pension plans, employee benefits....... 72,128 3,606 0 54,292
16a Legal fees (attach schedule)......... Click to see attachment 7,949 397 0 6,121
b Accounting fees (attach schedule)....... Click to see attachment 68,440 3,422 0 0
c Other professional fees (attach schedule).... Click to see attachment 249,582 202,153 0 38,583
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 75,377 26,263 0 0
19 Depreciation (attach schedule) and depletion... 80,292 76,051 0
20 Occupancy.............. 54,354 2,718 0 47,075
21 Travel, conferences, and meetings....... 58,797 2,940 0 28,509
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 58,353 1,131 0 3,372,245
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,170,126 340,923 0 3,841,385
25 Contributions, gifts, grants paid....... 433,035 395,366
26 Total expenses and disbursements. Add lines 24 and 25 1,603,161 340,923 0 4,236,751
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -193,480
b Net investment income (if negative, enter -0-) 2,435,204
c Adjusted net income (if negative, enter -0-)... 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............. 1,222,667 792,708 792,708
2 Savings and temporary cash investments......... 102,934 129,843 129,843
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   7,249    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 55,000    
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.......... 38,588 13,850  
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).......... 32,352,538 Click to see attachment29,562,394 29,562,394
14 Land, buildings, and equipment: basis bullet4,675,110
Less: accumulated depreciation (attach schedule) bullet1,487,444 3,006,742 3,187,666 3,187,666
15 Other assets (describe bullet) Click to see attachment1,464,501 Click to see attachment4,859,162 Click to see attachment4,859,162
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 38,250,219 38,545,623 38,531,773
Liabilities 17 Accounts payable and accrued expenses.......... 416,787 535,600
18 Grants payable................. 180,000 176,887
19 Deferred revenue.................   7,249
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)......... 596,787 719,736
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.................. 33,947,586 34,099,645
25 Temporarily restricted...............    
26 Permanently restricted............... 3,705,846 3,726,242
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 Total net assets or fund balances (see instructions)..... 37,653,432 37,825,887
31 Total liabilities and net assets/fund balances (see instructions). 38,250,219 38,545,623
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
37,653,432
2
Enter amount from Part I, line 27a .....................
2
-193,480
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
365,935
4
Add lines 1, 2, and 3 ..........................
4
37,825,887
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
37,825,887
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.)
1 a 211.536 CORE BD FD P 2019-06-27 2019-06-28
b 711.314 CORE BD FD P 2018-08-30 2018-08-31
c 2518.635 CORE BD FD P 2018-12-03 2018-12-04
d 3702.969 CORE BD FD P 2018-07-02 2018-07-03
e 3851.332 MULTI ASSET CORE PLUS FD P 2018-09-04 2018-09-05
5466.365 CORE BD FD P 2018-09-04 2018-09-05
5500.072 MULTI ASSET CORE PLUS FD P 2018-08-30 2018-08-31
5740.318 MULTI ASSET CORE PLUS FD P 2018-07-02 2018-07-03
5807.201 CORE BD FD P 2019-05-30 2019-05-31
5889.275 MULTI ASSET CORE PLUS FD P 2019-06-27 2019-06-28
6071.645 MULTI ASSET CORE PLUS FD P 2019-04-29 2019-04-30
6199.628 MULTI ASSET CORE PLUS FD P 2018-09-27 2018-09-28
6215.04 CORE BD FD P 2018-11-29 2018-11-30
6218.905 MULTI ASSET CORE PLUS FD P 2018-07-30 2018-07-31
6234.414 CORE BD FD P 2018-10-30 2018-10-31
6246.096 MULTI ASSET CORE PLUS FD P 2019-02-27 2019-02-28
6253.909 MULTI ASSET CORE PLUS FD P 2019-03-28 2019-03-29
6435.006 MULTI ASSET CORE PLUS FD P 2019-01-30 2019-01-31
6930.007 MULTI ASSET CORE PLUS FD P 2018-12-28 2018-12-31
7054.789 MULTI ASSET CORE PLUS FD P 2018-12-03 2018-12-04
9135.201 MULTI ASSET CORE PLUS FD P 2019-05-01 2019-05-02
9259.259 MULTI ASSET CORE PLUS FD P 2019-04-01 2019-04-02
9287.926 MULTI ASSET CORE PLUS FD P 2018-10-01 2018-10-02
9328.358 MULTI ASSET CORE PLUS FD P 2018-08-01 2018-08-02
9357.455 MULTI ASSET CORE PLUS FD P 2019-03-01 2019-03-04
9363.296 CORE BD FD P 2018-11-01 2018-11-02
9584.665 MULTI ASSET CORE PLUS FD P 2019-02-01 2019-02-04
10337.698 MULTI ASSET CORE PLUS FD P 2019-01-02 2019-01-03
86216.024 CORE BD FD P 2018-12-24 2018-12-26
86956.522 LOW DURATION BOND FD P 2019-04-12 2019-04-15
89206.066 LOW DURATION BOND FD P 2018-09-05 2018-09-06
89285.714 LOW DURATION BOND FD P 2018-10-23 2018-10-24
P FOLIO 13 ULTRA THIN- LAPTOP P 2012-03-31 2018-12-12
COMPUTER, NETWORK & PHONE SYSTEM P 2012-03-31 2018-10-12
COMPUTER STATION W/ MON HP ELITE82 P 2012-04-14 2018-10-12
HP ELITEBOOK 14" LED NETWORK P 2015-03-16 2018-10-12
NET ST CAP GAIN - CORE BOND FUND P    
NET LT CAP GAIN - CORE BOND FUND P    
NET ST CAP GAIN - LOW DURATION BOND FUND P    
NET LT CAP GAIN - LOW DURATION BOND FUND P    
NET ST CAP GAIN - MULTI ASSET CORE PLUS FUND P    
NET LT CAP GAIN - MULTI ASSET CORE PLUS FUND P    
SEC 1256 - CORE BOND FUND P    
SEC 1256 - LOW DURATION BOND FUND P    
SEC 1256 - MULTI ASSET CORE PLUS FUND 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 3,710   2,802 908
b 11,559   9,422 2,137
c 40,651   33,361 7,290
d 59,877   49,048 10,829
e 61,390   40,016 21,374
88,610   72,405 16,205
88,441   57,147 31,294
90,123   59,643 30,480
100,000   76,919 23,081
96,290   63,159 33,131
100,000   65,114 34,886
100,000   64,416 35,584
100,000   82,322 17,678
100,000   64,616 35,384
100,000   82,578 17,422
100,000   66,985 33,015
100,000   67,069 32,931
100,000   69,011 30,989
100,000   74,320 25,680
109,349   73,301 36,048
150,000   97,969 52,031
150,000   99,300 50,700
150,000   96,504 53,496
150,000   96,924 53,076
150,000   100,353 49,647
150,000   124,022 25,978
150,000   102,789 47,211
150,000   110,865 39,135
1,409,632   1,141,977 267,655
1,000,000   970,373 29,627
1,000,000   986,011 13,989
1,000,000   987,629 12,371
  1,084 1,084 0
  13,263 13,263 0
  1,309 1,309 0
  784 1,069 -285
26,944     26,944
1,687     1,687
870     870
    7,871 -7,871
87,235     87,235
352,628     352,628
162,135     162,135
4,870     4,870
16,551     16,551
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       908
b       2,137
c       7,290
d       10,829
e       21,374
      16,205
      31,294
      30,480
      23,081
      33,131
      34,886
      35,584
      17,678
      35,384
      17,422
      33,015
      32,931
      30,989
      25,680
      36,048
      52,031
      50,700
      53,496
      53,076
      49,647
      25,978
      47,211
      39,135
      267,655
      29,627
      13,989
      12,371
      0
      0
      0
      -285
      26,944
      1,687
      870
      -7,871
      87,235
      352,628
      162,135
      4,870
      16,551
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 1,816,026
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 1,816,311
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 1,568,023 30,405,496 0.051570
2016 3,090,126 29,448,058 0.104935
2015 1,344,607 27,830,355 0.048314
2014      
2013      
2
Total of line 1, column (d) .....................
2
0.204819
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
0.068273
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
27,111,384
5
Multiply line 4 by line 3......................
5
1,850,976
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
24,352
7
Add lines 5 and 6........................
7
1,875,328
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,236,751
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 24,352
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 24,352
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 24,352
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 46,120
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 71,120
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 29
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 46,739
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet40,000 RefundedBullet 11 6,739
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)
    bulletKY
    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. Click to see attachment...............................
    10
    Yes
     
    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 addressbulletCLARKAMBITION.ORG
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (859) 355-9062

    Located atbulletPO BOX 4843WINCHESTERKY ZIP+4bullet40329
    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
     
    No
    ........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
     
    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 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
    TRAVIS SEWALLS CHAIRMAN
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    ROSALINDA GAY VICE CHAIRMAN
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    SYDNEY DEESE TREASURER
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    JENNIFER ALGIRE CEO/PRESIDENT/SECRETARY
    40.00     		218,787 74,880 0
    125 S MAIN ST
    WINCHESTER,KY40391
    DEETTA BLACKWELL DIRECTOR
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    ERIC HUDSON DIRECTOR
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    ROBERT JACKSON DIRECTOR
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    EDWARD MASTREAN DIRECTOR
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    JOYCE MORTON DIRECTOR
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    KEVIN WELSH DIRECTOR
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    LEE COLEMAN DIRECTOR
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    DARREN HENRY DIRECTOR
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    SEAN MCBRIDE DIRECTOR
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    MARVIN KING DIRECTOR
    1.00     		0 0 0
    125 S MAIN ST
    WINCHESTER,KY40391
    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
    ELIZABETH JONES PROGRAM DIRECTOR
    40.00     		68,965 23,697 0
    125 S MAIN ST
    WINCHESTER,KY40391
    W BRETT CHEVROUNT ADMIN ASSISTANT
    40.00     		55,410 21,724 0
    125 S MAIN ST
    WINCHESTER,KY40391
    Total number of other employees paid over $50,000...................bullet 0
    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
    DEAN BUILDS INC PARK CONSTRUCTION 3,028,992
    109 MERCER CT
    LEXINGTON,KY40511
    RUSSELL INVESTMENTS INVESTMENT MANAGEMENT FEES 155,619
    1301 SECOND AVE
    SEATTLE,WA98101
    BURNETT SONS ROOFING RENTAL PROPERTY REPAIRS 98,270
    656 BIZZELL DR
    LEXINGTON,KY40510
    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 LEGACY GROVE PARK - KNOWN AS PROJECT 1107 FOR ITS ADDRESS AT 1107 W. LEXINGTON AVE. THE 30-ACRE PARK IS UNDER CONSTRUCTION IN WINCHESTER, KY. THE PUBLIC PARK IS A GIFT FROM THE GREATER CLARK FOUNDATION TO THE COMMUNITY. THE URBAN PARK WILL BE A PLACE TO CONNECT WITH NEIGHBORS AND INCLUDES A TWO-ACRE PLAY AREA, NATURE TRAILS, WALKING PATHS, A DOG PARK AND OPEN LAWNS.THE PARK WILL BE ADA-ACCESSIBLE WITH A PAVED WALKING PATH THROUGHOUT AND THE PLAY AREA WILL HAVE OPTIONS FOR CHILDREN OF ALL ABILITIES. 3,841,385
    2   0
    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 (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
    26,335,226
    b
    Average of monthly cash balances.......................
    1b
    1,189,022
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,524,248
    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
    27,524,248
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    412,864
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    27,111,384
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,355,569
    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
    1,355,569
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    24,352
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    24,352
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,331,217
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,331,217
    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
    1,331,217
    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
    4,236,751
    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
    4,236,751
    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
    24,352
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,212,399
    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 1,331,217
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016...... 1,612,822
    e From 2017...... 93,851
    fTotal of lines 3a through e........ 1,706,673
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 4,236,751
    a Applied to 2017, 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 2018 distributable amount..... 1,331,217
    e Remaining amount distributed out of corpus 2,905,534
    5 Excess distributions carryover applied to 2018. 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 4,612,207
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    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) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		4,612,207
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 1,612,822
    d Excess from 2017.... 93,851
    e Excess from 2018.... 2,905,534
    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 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 (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
    THE HARWOOD INSTITUTE FOR PUBLIC INNOVATION
    4915 ST ELMO AVE 402
    BETHESDA,MD20814     		  PC PUBLIC INNOVATOR GRANT COACHING EXTENSION 24,710
    LEGACY GREENSCAPES
    PO BOX 4844
    WINCHESTER,KY40392     		  PC GENERAL OPERATING SUPPORT 150,000
    PACE - PHILANTHROPY FOR ACTIVE CIVIC ENGAGEMENT
    1717 RHODE ISLAND AVE NW STE 700
    WASHINGTON,DC20036     		  PC FUNDING PARTNER CONTRIBUTION 1,000
    CITY OF WINCHESTER FOR THE BENEFIT OF AGENCY FOR SUBSTATNCE ABUSE POLICY
    PO BOX 40
    WINCHESTER,KY40391     		  GOV WYA?! GRANT FOR DANGERS IN PLAIN SIGHT - A COMMUNITY EDUCATION AWARENESS SERIES 4,450
    ACHIEVING RECOVERY TOGETHER
    2851 IRONWORKS ROAD
    WINCHESTER,KY40391     		  PC WYA?! GRANT FOR START-UP SUPPORT FOR AN OVERDOSE INTERVENTION AND RECOVERY PROGRAM 9,933
    MOUNTAIN COMPREHENSIVE CARE CENTER
    114 SOUTH MAPLE ST
    WINCHESTER,KY40391     		  PC WYA?! GRANT FOR A MINDFUL COMMUNITY: STORIES, SONGS AND STRETCHES 10,000
    KENTUCKY NONPROFIT NETWORK INC
    PO BOX 24362
    LEXINGTON,KY40524     		  PC FUNDING PARTNER CONTRIBUTION 1,000
    EPISCOPAL DIOCESE OF LEXINGTON FBO EMMAUNEL EPISCOPAL CHURCH FBO BETTER TOG
    2410 W LEXINGTON AVE
    WINCHESTER,KY40391     		  PC WYA?! GRANT FOR A LOCAL CITY CANDIDATES' FORUM TO ADDRESS ISSUES IN WAVING THE COMMUNITY'S FLAG REPORT 2,000
    CLARK COUNTY PUBLIC SCHOOLS ON BEHALF OF PHOENIX ACADEMY
    1600 WEST LEXINGTON AVE
    WINCHESTER,KY40391     		  GOV WYA?! GRANT FOR PILOT TESTING OF HEALTH, FITNESS AND PERSONAL LEADERSHIP CURRICULUM 6,318
    APPALACHIA FUNDERS NETWORK
    1456 PATTON AVE
    ASHVILLE,NC28806     		  PC FUNDING PARTNER CONTRIBUTION 500
    SOUTHEASTERN COUNCIL OF FOUNDATIONS
    50 HURT PLAZA SUITE 350
    ATLANTA,GA30303     		  PC FUNDING PARTNER CONTRIBUTION & SUSTAINING GIFT FOT GRANTMAKERS OF KY 4,240
    LEXARTS
    161 N MILLS STREET
    LEXINGTON,KY40507     		  PC I WAS HERE WINCHESTER/CLARK COUNTY "NATIVE SON" PROJECT 25,000
    CALVARY CHRISTIAN CHURCH FISCAL AGENT FOR UPWARD 40391
    15 REDWING DRIVE
    WINCHESTER,KY40391     		  PC UPWARD40391 - COACHING, BASKETBALL AND CHEERLEADING 3,330
    CLARK COUNTY HEALTH DEPARTMENT
    400 PROFESSIONAL AVE
    WINCHESTER,KY40391     		  GOV PROJECT SUPPORT GRANT FOR DIVERSITY, EQUITY AND INCLUSION TRAINING IN 2019, SPECIFICALLY TO SUPPORT FOUR TRAINING SESSIONS IN MARCH, MAY, SEPT AND NOV 20,000
    CLARK COUNTY HEALTH DEPARTMENT FISCAL AGENT FOR CC MENTAL HEALTH TASK FORCE
    400 PROFESSIONAL AVE
    WINCHESTER,KY40391     		  GOV SUPPORT FOR MENTAL HEALTH TASK FORCE AWARENESS AND ACCESS CAMPAIGN 10,000
    WINCHESTER CLARK COUNTY TOURISM ON BEHALF OF CEDIK
    2 SOUTH MAPLE STREET
    WINCHESTER,KY40391     		  GOV DOWNTOWN PLACE MAKING PROJECT - WINCHESTER MARCH MADNESS 5,000
    LOCUS IMPACT INVESTING
    7814 CAROUSEL LANE
    RICMOND,VA23294     		  PC PROJECT SUPPORT FOR APPALACHIAN INVESTMENT ECOSYSTEM COLLABORATIVE 10,000
    THE HARWOOD INSTITUTE FOR PUBLIC INNOVATION
    4915 ST ELMO AVE 402
    BETHESDA,MD20814     		  PC COMMUNITY CAPACITY BUILDING 40,000
    CLARK COUNTY PUBLIC SCHOOLS FBO ROBERT D CAMPBELL MIDDLE SCHOOL
    1600 WEST LEXINGTON AVE
    WINCHESTER,KY40391     		  GOV WYA?! GRANT TO SUPPORT CHALLENGING NEGATIVE STEROTYPES OF PEOPLE WITH DISABILITIES STUDENT PROJECT 2,805
    CITY OF WINCHESTER
    POBOX 40
    WINCHESTER,KY40391     		  GOV MATCH FOR RECREATION - TRAILS GRANT - TRAIL IMPROVEMENTS AT COMMUNITY & HARMON PARKS 55,530
    WINCHESTER COUNCIL FOR THE ARTS DBA LEEDS CENTER FOR THE ARTS DBA LEEDS THE
    37 N MAIN STREET
    WINCHESTER,KY40391     		  PC WYA?!GRANT TO SUPPORT INCLUSIVITY THROUGH MUSIC WORKSHOP FOR STUDENTS AT GEORGE ROGERS CLARK HIGH SCHOOL WITH LINKIN' BRIDGE 9,550
    Total .................................bullet 3a 395,366
    bApproved for future payment
    Total .................................bullet 3b 0
    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 1,682  
    4 Dividends and interest from securities....          
    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     16 10,937  
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,170,977  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS INCOME     		        3,131
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,183,596 3,131
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,186,727
    (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.)
    11A REBATES AND REFUNDS FROM PURCHASES RELATED TO EXEMPT PURPOSES
    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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE GREATER CLARK FOUNDATION INC
     
    Employer identification number

    61-0475632
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE GREATER CLARK FOUNDATION INC
          		Employer identification number
    61-0475632
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    BB&T HARVEY & NANCY HENRY MEMORIAL TRUST
     
    PO BOX 2887
     
    WILSON, NC27894

    		$ 24,026


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    BB&T JACK & NANCY RAGLAND MEMORIAL TRUST
     
    PO BOX 2887
     
    WILSON, NC27894

    		$ 26,989


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    CLARK REG MED CTR S BUSH TUW TTEE PNC
     
    1900 E 9TH ST
     
    CLEVELAND, OH44114

    		$ 26,851


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    CLARK REG MED CTR S MCCORMICK TUW TTEE PNC
     
    1900 E 9TH ST
     
    CLEVELAND, OH44114

    		$ 9,037


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    WHITEMAN PROPERTIES LC
     
    PO BOX 388
     
    WINCHESTER, KY40392

    		$ 60,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE GREATER CLARK FOUNDATION INC
          		Employer identification number

    61-0475632
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    5
    		 BARGAIN SALE ON 24 MARYLAND AVE, WINCHESTER, KY $ 60,000 2018-12-07
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE GREATER CLARK FOUNDATION INC
          		Employer identification number

    61-0475632
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE GREATER CLARK FOUNDATION INC
    EIN:
    61-0475632
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 68,440 3,422 0 0

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE GREATER CLARK FOUNDATION INC
    EIN:
    61-0475632
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    RUSSELL FMV 25,965,993 25,965,993
    BENEFICIAL INTEREST IN OUTSIDE TRUST FMV 3,596,401 3,596,401

    TY 2018 LegalFeesSchedule
    Name:
    THE GREATER CLARK FOUNDATION INC
    EIN:
    61-0475632
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 7,949 397 0 6,121


    TY 2018 OtherAssetsSchedule
    Name:
    THE GREATER CLARK FOUNDATION INC
    EIN:
    61-0475632
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PARK ASSETS (REV RULE 78-102) 135,000 135,000 135,000
    PARK ASSETS (CAPITALIZED PRE-CONSTRUCTION) 1,329,501 4,724,162 4,724,162


    TY 2018 OtherExpensesSchedule
    Name:
    THE GREATER CLARK FOUNDATION INC
    EIN:
    61-0475632
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOARD EXPENSE 10,805 540 0 0
    DIRECT PROGRAM ACTIVITY 35,726 0 0 35,726
    OFFICE EXPENSE 11,822 591 0 7,953
    PURCHASE OF PROPERTY AND EQUIPMENT 0 0 0 3,328,566


    TY 2018 OtherIncomeSchedule2
    Name:
    THE GREATER CLARK FOUNDATION INC
    EIN:
    61-0475632
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ADDITIONAL K-1 INCOME NOT REPORTED ELSEWHERE 0 122,953 0
    MISCELLANEOUS INCOME 3,131   0


    TY 2018 OtherIncreasesSchedule
    Name:
    THE GREATER CLARK FOUNDATION INC
    EIN:
    61-0475632
    Description Amount
    UNREALIZED GAINS ON INVESTMENTS 345,538
    CHANGE IN BENEFICIAL INTERESTS IN OUTSIDE TRUSTS 20,397


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE GREATER CLARK FOUNDATION INC
    EIN:
    61-0475632
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT AND BANK FEES 199,657 199,657 0 0
    PURCHASED SERVICES 49,315 2,466 0 38,583
    CONSULTING 610 30 0 0


    TY 2018 SubstantialContributorsSch
    Name:
    THE GREATER CLARK FOUNDATION INC
    EIN:
    61-0475632
    Name Address
    WHITEMAN PROPERTIES LC
          		PO BOX 388
    WINCHESTER,KY40392


    TY 2018 TaxesSchedule
    Name:
    THE GREATER CLARK FOUNDATION INC
    EIN:
    61-0475632
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 49,114 0 0 0
    FOREIGN INCOME TAX 26,263 26,263 0 0