Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE CLARK R SMITH FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)HEMENWAY BARNES LLP
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA021961209
A Employer identification number

22-2757313
B Telephone number (see instructions)

(617) 227-7940
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$30,012,045J 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 right arrow.............
3 Interest on savings and temporary cash investments 42,484 42,484  
4 Dividends and interest from securities... 840,666 840,666  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 17,772
b Gross sales price for all assets on line 6a 7,287,100
7 Capital gain net income (from Part IV, line 2)... 17,772
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
List of Attached Documents:
// Content
1,661 0  
12 Total. Add lines 1 through 11........ 902,583 900,922  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
147,620 147,620   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
29,100 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,999 0   1,999
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
27,674 1,580   26,094
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 206,393 149,200   28,093
25 Contributions, gifts, grants paid....... 1,441,500 1,441,500
26 Total expenses and disbursements. Add lines 24 and 25 1,647,893 149,200   1,469,593
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -745,310
b Net investment income (if negative, enter -0-) 751,722
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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......... 6,262,450 2,487,949 2,487,949
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,669,420 Click to see attachment
List of Attached Documents:
// Content
6,866,662 		8,945,666
c Investments—corporate bonds (attach schedule)....... 603,825 Click to see attachment
List of Attached Documents:
// Content
2,977,786 		3,009,619
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,715,326 Click to see attachment
List of Attached Documents:
// Content
3,715,326 		15,568,811
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,251,021 16,047,723 30,012,045
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 17,251,021 16,047,723
29 Total net assets or fund balances (see instructions)..... 17,251,021 16,047,723
30 Total liabilities and net assets/fund balances (see instructions). 17,251,021 16,047,723
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
17,251,021
2
Enter amount from Part I, line 27a .....................
2
-745,310
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
61,818
4
Add lines 1, 2, and 3 ..........................
4
16,567,529
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
519,806
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
16,047,723
Form 990-PF (2023)
Form 990-PF (2023)
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 SALE OF PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
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 7,261,447   7,269,328 -7,881
b 25,653     25,653
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       -7,881
b       25,653
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 17,772
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
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 10,449
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 10,449
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 10,449
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 18,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 9,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 16,551
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow16,551 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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 the instructions
for the 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMA
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See 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 addressright arrowN/A
14
The books are in care ofright arrowHEMENWAY BARNES LLP Telephone no.right arrow (617) 227-7940

Located atright arrow75 STATE STREETBOSTONMA ZIP+4right arrow021091466
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
CARLTON SMITH TRUSTEE
1.00 		0 0 0
C/O HEMENWAY BARNES LLP 75 STATE
STREET 16TH FL
BOSTON,MA021961209
OWEN SMITH TRUSTEE
1.00 		0 0 0
C/O HEMENWAY BARNES LLP 75 STATE
STREET 16TH FL
BOSTON,MA021961209
TRINA SMITH TRUSTEE
1.00 		0 0 0
C/O HEMENWAY BARNES LLP 75 STATE
STREET 16TH FL
BOSTON,MA021961209
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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
BANK OF AMERICA - US TRUST INVESTMENT MANAGEMENT 139,620
100 FEDERAL STREET 11TH FL
BOSTON,MA02110
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
11,227,796
b
Average of monthly cash balances.......................
1b
3,855,033
c
Fair market value of all other assets (see instructions)................
1c
14,884,688
d
Total (add lines 1a, b, and c).........................
1d
29,967,517
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
29,967,517
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
449,513
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
29,518,004
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,475,900
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,475,900
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
10,449
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
10,449
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,465,451
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,465,451
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 XII, line 1 ...
7
1,465,451
Part XI
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
1,469,593
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
1,469,593
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,465,451
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,435,745
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,469,593
a Applied to 2022, but not more than line 2a 1,435,745
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 2023 distributable amount..... 33,848
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 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 0
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		1,431,603
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
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 (2023)
Form 990-PF (2023)
Page 11
Part XIV
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

CALIFORNIA ACADEMY OF SCIENCES

55 MUSIC CONCOURSE DRIVE
SAN FRANCISCO,CA94118 		N/A PC PUBLIC PROGRAMS 15,000

CASA LATINA

317 17TH AVENUE S
SEATTLE,WA98144 		N/A PC IMMIGRANT FAMILY SUPPORT 25,000

CENTRO LEGAL DE LA RAZA INC

3400 E 12TH STREET
OAKLAND,CA94601 		N/A PC TENANT RIGHTS PROGRAM 30,000

CENTRO LEGAL DE LA RAZA INC

3400 E 12TH STREET
OAKLAND,CA94601 		N/A PC YOUTH LAW ACADEMY 30,000

COUNCIL ON THE ENVIRONMENT INC

100 GOLD STREET STE 3300
NEW YORK,NY10038 		N/A PC GROW NYC YOUTH EDUCATION 75,000

DOCTORS WITHOUT BORDERS USA

40 RECTOR STREET
NEW YORK,NY10006 		N/A PC CHILDHOOD IMMUNIZATION 25,000

FARESTART

700 VIRGINIA STREET
SEATTLE,WA98101 		N/A PC BARISTA CUSTOMER SERVICE TRAINING PROGRAM 50,000

FOOD PROJECT INC

10 LEWIS STREET
LINCOLN,MA01773 		N/A PC YOUTH & FELLOWSHIP PROGRAMS 30,000

FRIENDS OF THAI DAUGHTERS INC

PO BOX 370
TREVETT,ME04571 		N/A PC ONBOARDING OF NEW THAI DAUGHTERS IN 2023 25,000

GIRLS INCORPORATED OF LYNN

50 HIGH STREET
LYNN,MA01902 		N/A PC OPERATION SMART 25,000

GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED

417 MAIN STREET
GLOUCESTER,MA01930 		N/A PC GLOUCESTER BIOTECHNOLOGY ACADEMY 30,000

HABITAT FOR HUMANITY INTERNATIONAL INC

322 W LAMAR STREET
AMERICUS,GA31709 		N/A PC BENEFITING ESSEX COUNTY MA HABITAT FOR HUMANITY - HAMILTON MA HOUSING BUILD 50,000

HOMELESS PRENATAL PROGRAM INC

2500 18TH STREET
SAN FRANCISCO,CA94110 		N/A PC GENERAL OPERATING SUPPORT 25,000

INTERNATIONAL RESCUE COMMITTEE INC

PO BOX 6068
ALBERT LEA,MN56007 		N/A PC EMERGENCY ASSISTANCE FOR CHILDREN WORLDWIDE 25,000

INTERNATIONAL RESCUE COMMITTEE INC

PO BOX 6068
ALBERT LEA,MN56007 		N/A PC IRC SAN JOSE, CA BRIDGE YOUTH MENTORSHIP PROGRAM 75,000

LEAP FOR EDUCATION INC

35 CONGRESS STREET STE 102
SALEM,MA01970 		N/A PC POST-SECORDARY AND CREER READINESS PROGRAMS 60,000

MARTHAS VINEYARD BOYS AND GIRLS CLUB INCORPORATED

PO BOX 654
EDGARTOWN,MA02539 		N/A PC MOBILE CLASSROOM 100,000

MASSACHUSETTS BAR FOUNDATION INC

20 WEST STREET
BOSTON,MA02111 		N/A PC SMITH LEGAL INTERN FELLOWSHIP 50,000

NATIONAL CENTER FOR FAMILY PHILANTHROPY INC

1667 K STREET STE 550
WASHINGTON,DC20006 		N/A PC GENERAL & UNRESTRICTED 1,500

NEW YORK COMMON PANTRY

8 EAST 109TH STREET
NEW YORK,NY10029 		N/A PC NYCP FOOD PROGRAMS 50,000

NIDO DE ESPERANZA CHARITABLE SOCIETY

4111 BROADWAY
NEW YORK,NY10033 		N/A PC PRENATAL & POSTPARTUM CARE 25,000

NORTHEAST HOSPITAL CORPORATION

85 HERRICK STREET
BEVERLY,MA01915 		N/A PC ADDISON GILVERT SCHOOL BASED HEALTH CENTER AT GLOUCESTER HIGH SCHOOL 30,000

PATHWAYS FOR CHILDREN INC

29 EMERSON AVENUE
GLOUCESTER,MA01930 		N/A PC SUPPORTING FAMILIES PROGRAM 30,000

RAINIER SCHOLARS

2100 24TH AVENUE S STE 360
SEATTLE,WA98144 		N/A PC GENERAL OPERATING SUPPORT 25,000

RAW ART WORKS INC

37 CENTRAL SQUARE
LYNN,MA01901 		N/A PC ARTS BASED PROGRAM FOR UNDERSERVED YOUTH 30,000

ROOM TO GROW NATIONAL INC

424 E 147TH STREET FL 5
BRONX,NY10455 		N/A PC GENERAL & UNRESTRICTED 100,000

SAMUEL & ALTHEA STROUM JEWISH COMMUNITY CENTER

3801 E MERCER WAY
MERCER ISLAND,WA98040 		N/A PC EARLY CHILDHOOD EDUCATION SCHOLARSHIPS 25,000

THE JED FOUNDATION

PO BOX 60174
BROOKLYN,NY11206 		N/A PC GENERAL & UNRESTRICTED 25,000

THE JED FOUNDATION

PO BOX 60174
BROOKLYN,NY11206 		N/A PC JED HIGH SCHOOL PROGRAMS 75,000

THE OPEN DOOR CAPE ANN FOOD PANTRY INC

2 EMERSON AVENUE
GLOUCESTER,MA01930 		N/A PC HEALTHY FOOD FOR CHILDREN AND FAMILIES 30,000

THE YOUNG MENS CHRISTIAN ASSOCIATION OF GREATER SEATTLE

909 FOURTH AVENUE
SEATTLE,WA98104 		N/A PC YMCA SOCIAL IMPACT CENTER 25,000

TIPPING POINT COMMUNITY

220 MONTGOMERY STREET STE 850
SAN FRANCISCO,CA94104 		N/A PC GENERAL OPERATING SUPPORT 25,000

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

3451 WALNUT STREET 433 FRANKLIN
BLDG
PHILADELPHIA,PA19104 		N/A PC MORRIS ARBORETUM - EXPLORAR SUMMER BRIDGE PROGRAM 25,000

WELLSPRING HOUSE INC

302 ESSEX STREET
GLOUCESTER,MA01930 		N/A PC PATHWAYS TO LIVEABLE WAGES FOR YOUNG ADULTS & YOUNG PARENTS 50,000

WEST SIDE CENTER FOR COMMUNITY LIFE INC

263 W 86TH STREET
NEW YORK,NY10024 		N/A PC GENERAL OPERATING SUPPORT 50,000

YMCA OF MARTHAS VINEYARD INC

111 EDGARTOWN-VINEYARD HAVEN ROAD
VINEYARD HAVEN,MA02568 		N/A PC GENERAL OPERATING SUPPORT 25,000

YMCA OF THE NORTH SHORE INC

200 CUMMINGS CENTER STE 173D
BEVERLY,MA01915 		N/A PC CAPE ANN AFTER SCHOOL PROGRAMS 50,000
Total .................................right arrow 3a 1,441,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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 42,484  
4 Dividends and interest from securities ....     14 840,666  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     01 1,661  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 17,772  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 902,583 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
902,583
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE CLARK R SMITH FAMILY FOUNDATION
EIN:
22-2757313
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
APPRAISAL SERVICES 8,000 8,000   0
INVESTMENT MANAGEMENT SERVICES 139,620 139,620   0

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE CLARK R SMITH FAMILY FOUNDATION
EIN:
22-2757313
Name of Bond End of Year Book Value End of Year Fair Market Value
CITIGROUP INC 3.30% 49,238 48,837
US TREAS NOTE 3.875% 9.30.2029 484,121 499,590
INTEL CORP 3.15% 50,066 48,086
STATE STREET CORP 3.30% 50,685 49,185
COMCAST CORP 4.15% 51,659 49,346
BNY MELLON 3.25% 49,871 47,943
BP CAP MARKETS AMER 3.41% 50,200 48,838
US TREAS BOND 6.375% 8.15.2027 531,270 540,510
BURLINGTON NORTHERN SANTA FE 50,077 48,227
DUKE ENERGY PROGRESS LLC 50,463 47,734
MERCK & CO INC 50,117 49,762
US TREAS NOTE 2.25% 12.31.2023 820,000 820,000
US TREAS NOTE 0.75% 8.31.2026 445,527 458,615
US TREAS NOTE 0.625% 8.15.2030 194,287 203,095
APPLE INC 3.00% 50,205 49,851

TY 2023 InvestmentsCorpStockSchedule
Name:
THE CLARK R SMITH FAMILY FOUNDATION
EIN:
22-2757313
Name of Stock End of Year Book Value End of Year Fair Market Value
ZILLOW GROUP INC. 1,544 2,099
ZEBRA TECHNOLOGIES CORP. 5,062 3,553
ZIFF DAVIS INC. 3,626 4,099
ZIONS BANCORP NA 7,626 11,011
ZOETIS INC. 7,899 16,184
XYLEM INC. 6,165 9,263
WILLIS TOWERS WATSON PLC 5,266 5,548
XCEL ENERGY INC. 3,595 3,405
WW GRANGER INC. 5,717 15,745
WISDOMTREE TRUST JAPAN HEDGED EQ FD 365,115 417,905
WISDOMTREE EMERGING MARKETS HIGH DIV 198,044 211,536
WINTRUST FINL CORP. 6,875 8,440
WILLIAMS COMPANIES 3,854 4,598
VANGUARD REAL ESTATE ETF 23,569 25,624
ISHARES GOLD TR SHS 605,740 851,830
VESTAS WIND SYSTEMS AS 3,723 6,860
WARNER BROS DISCOVERY INC. 2,928 2,845
VULCAN MATERIALS CO. 1,158 1,589
VONTIER CORP. 6,166 6,910
VISA INC. 24,770 39,834
VF CORPORATION 2,180 1,918
WEYERHAEUSER CO. 7,452 8,275
VERTEX PHARMACEUTICALS INC. 7,652 15,869
VERIZON COMMUNICATIONS INC. 21,065 19,529
VERALTO CORP. 1,426 1,316
VENTAS INC. 8,498 9,320
VEEVA SYSTEMS INC. 6,579 6,161
WATSCO INC. 4,685 6,856
VANECK GOLD MINERS ETF 217,587 185,440
TOPBUILD CORP. 2,877 5,614
VALMONT INDUSTRIES 2,426 2,102
VALERO ENERGY CORP. 15,576 20,930
US BANCORP 20,924 23,934
UNITEDHEALTH GROUP INC. 26,870 26,850
UNITED THERAPEUTICS CORP. 4,834 6,817
ULTA BEAUTY INC. 13,600 16,170
UCB UNSPOND 8,260 6,976
TYSON FOODS INC. 3,429 3,225
TYLER TECHS INC. 2,216 5,436
TRINET GROUP INC. 3,793 5,828
UNILEVER PLC 7,669 7,417
TREX CO. 3,625 6,458
TRACTOR SUPPLY CO. 11,052 12,042
TOTAL ENERGIES SE 5,499 5,525
TOKYO ELECTRON LTD. 2,700 4,975
TJX COS INC. 3,587 19,888
THERMO FISHER SCIENTIFIC INC. 13,479 18,578
TERUMO CORP. 5,761 6,394
TERADATA CORP. 1,778 1,871
TENCENT HOLDINGS LTD. 5,418 5,857
ROCKWELL AUTOMATION INC. 8,263 13,040
WEC ENERGY GROUP INC. 3,572 3,283
SCHNEIDER ELECTRIC SE 3,520 9,897
TAIWAN MANUFACTURING 9,558 20,800
SVENSKA HANDELSBANKEN AB 5,435 5,851
SUNCOR ENERGY INC. 6,669 6,280
STRIDE INC. 2,970 4,868
STIFEL FINANCIAL CORP 6,715 8,021
STEWART INFO SVC CORP. 1,157 1,704
STERLING INFRA INC. 3,886 4,660
STERIS PLC 5,899 8,574
STARBUCKS CORP. 21,570 25,923
SCIENCE APPLICATIONS INTL CORP. 5,546 7,335
TARGET CORP. 8,205 12,818
SSE PLC 5,947 6,509
SMC CORP. 3,512 5,313
SKECHERS USA INC. 2,704 3,740
SINGAPORE TELECOMM LTD. 5,207 5,327
SIMPLY GOOD FOODS CO. 4,870 5,623
SIGNET JEWELERS LTD. 4,555 6,865
TEEKAY TANKERS LTD 2,399 2,349
SIEMENS AG 7,712 8,886
SHELL PLC 4,303 9,080
SERVICENOW INC. 19,773 21,901
SENSATA TECHNOLOGIES HOLDINGS PLC 3,649 3,043
SEMPRA 11,111 13,003
SEALED AIR CORP. 2,786 1,972
SONY GROUP CORP. 11,296 14,772
REPUBLIC SERVICES INC. 3,785 4,782
REPLIGEN CORP. 4,255 5,933
SCHLUMBERGER LTD. 20,255 24,355
SAP SE 11,335 15,768
SANTOS LTD. 6,895 6,030
SANOR ADR 7,099 6,763
SANMINA CORP. 1,744 3,699
REWITY INC. 2,884 2,514
S&P GLOBAL INC. 9,625 19,383
RYDER SYSTEM INC. 4,510 5,063
RWE AG ADR 6,360 6,653
ROSS STORES INC. 3,480 4,567
PROLOGIS INC. 15,351 22,928
ROCHE HOLDINGS LTD. 15,608 16,195
RIO TINTO PLC 5,456 6,701
TAYLOR MORRISON HOME CORP 10,507 12,164
SALESFORCE INC. 8,080 32,629
RESMED INC. 5,339 5,333
RENT A CENTER INC. 910 1,393
RELX PLC 5,940 7,972
REGIONS FINANCIAL CORP. 2,547 2,616
RECRUIT HOLDINGS CO. LTD. 4,637 6,196
RECKITT BENCKISER GROUP PLC 8,497 6,774
RBC BEARINGS INC. 4,008 6,268
RALPH LAUREN CORP. 1,105 1,730
QUANTA SERVICES INC. 3,219 4,316
QUALCOMM INC. 10,849 17,645
PUMA SE ADR 5,579 4,790
PUB SERVICE ENTERPRISE GROUP 9,639 9,723
PTC INC. 4,610 8,048
PRUDENTIAL FINANCIAL INC. 3,465 4,356
NIDEC CORPORATION ADR 7,145 5,255
PPG INDUSTRIES INC. 3,195 3,739
PROGRESSIVE CORP. OHIO 10,540 20,229
PROGRESS SOFTWARE CORP. 3,027 4,507
PROCTER & GAMBLE CO. 16,753 27,403
PRIMORIS SERVICES CORP. 907 1,328
PRIMERICA INC. 1,263 1,646
PEPSICO INC. 16,293 36,516
POOL CORPORATION 1,965 6,778
PIEDMONT OFFICE REALTY 2,353 1,458
PHILLIPS 66 3,552 4,793
PERDOCEO EDUCATION CORP. 738 896
PAYPAL HOLDINGS INC. 13,602 11,115
PAYCOM SOFTWARE INC. 3,976 3,514
PARKER HANNFIN CORP. 5,219 7,371
PACER US CASH COWS100 455,165 528,998
PACCAR INC. 4,423 6,054
OXFORD INDUSTRIES 562 600
OTTER TAIL CORP. 3,183 4,333
OTIS WORLDWIDE CORP. 5,502 5,726
NINTENDO LTD 5,331 6,482
OPTION CARE HEALTH INC 4,633 5,357
OCCIDENTAL PETROLEUM CORP. 27,282 28,123
NVIDIA 2,317 82,207
NOVO NORDISK ADR 7,941 9,931
NOVARTIS 4,219 5,452
NORTHERN TRUST CORP. 3,056 2,953
MERCADOUBRE INC. 3,244 9,429
NEXTERA ENERGY INC. 5,189 12,695
NEXSTAR MEDIA GROUP INC 6,176 6,584
NESTLE SA 6,431 6,244
NBT BANCORP INC 1,922 2,347
NATIONAL GRID PLC 4,906 5,643
MURPHY USA INC 2,940 10,340
MURATA MANUFACTURING CO. 3,207 4,127
MUELLER INDUSTRIES INC. 5,348 8,298
MSCI INC. 4,077 5,657
MOTOROLA SOLUTIONS INC. 2,439 2,818
MORGAN STANLEY 13,756 30,866
MOODYS CORP. 14,860 15,622
MONOLITHIC POWER SYSTEMS INC. 883 5,677
MOLSON COORS BEVERAGE CO. 2,651 3,183
MGM RESORTS INTERNATIONAL 2,004 2,100
MOLINA HEALTHCARE INC. 3,736 5,058
MKS INSTRUMENTS INC. 3,063 3,600
MITSUBISHI UFJ FINANCIAL GROUP 4,869 7,009
MITSUBISHI ESTATE ADR 5,404 6,129
MICROSOFT INC. 38,869 173,730
MICRON TECHNOLOGY INC. 4,067 6,059
MICROCHIP TECHNOLOGY INC. 4,524 4,870
METLIFE INC. 21,312 20,236
MERITAGE HOMES CORP. 4,336 8,710
MERIT MEDICAL SYSTEMS INC. 5,350 5,925
MERCK KGAA 3,548 4,534
MERCK & CO. INC. 17,781 25,293
NIKE INC. 16,709 19,868
KROGER CO. 4,131 3,977
MCKESSON CORPORATION 3,127 4,167
MASTERCARD INC. 10,750 29,429
MASTERBRAND INC 2,060 2,658
MASONITE INTERNATIONAL CORP. 1,061 1,693
MARKETAXESS HOLDINGS INC. 4,641 4,100
MAKITA CORP. 3,866 3,907
MAINSTAY MACKAY HIGH YIELD CORP BOND FD 382,367 392,975
LVMH MOET HENNESSY 4,596 5,523
LULULEMON ATHLETICA INC 4,667 6,647
LOWES COMPANIES INC. 12,265 12,240
LONZA GROUP AG 2,886 4,462
LONDON STOCK EXCHANGE GROUP PLC 7,068 7,883
LINDE PLC 17,991 18,482
LEVERAGEPOINT MEDIA LLP 0 1
LATTICE SEMICONDUCTOR CORP. 3,679 4,346
LANDSTAR SYSTEMS INC. 2,969 5,616
LAMB WESTON HOLDINGS INC. 2,736 5,188
LAM RESEARCH CORP. 6,580 18,798
LAKELAND FINANCIAL CORP. 1,584 1,759
KONTOOR BRANDS INC. 3,063 4,307
MEDPACE HOLDINGS INC 1,893 9,809
KBC GROUPE SA 6,115 6,496
KNORR BREMSE AG 5,675 5,659
KKR & CO INC. 2,691 3,977
KINSALE CAPITAL GROUP INC. 3,583 4,354
KIMBERLY CLARK 6,464 6,440
KFORCE INC. 686 1,149
KEURIG DR PEPPER INC. 3,897 4,032
KDDI CORP. 6,664 6,788
JPMORGAN UNDISCLOSED MGRS BEHAV VAL FD 293,021 588,953
JOHNSON CONTROLS INTL. 4,462 6,917
JM SMUCKER CO. 3,236 2,654
JAZZ PHARMACEUTICALS PLC 3,850 2,952
JACK HENRY & ASSOCIATES INC. 4,888 4,575
JABIL CIRCUIT INC. 1,837 8,918
ISHARES INC MSCI JAPAN ETF 364,831 391,254
ISHARES INC MSCI INDIA INDEX FD 262,825 284,318
ISHARES INC MSCI EMERG MKTS EX CHINA 302,655 350,191
ISHARES INC MSCI BRAZIL ETF 295,457 333,868
IQVA HOLDINGS INC. 4,803 5,322
INTUIT INC. 7,714 18,751
INTESA SANPAOLO 4,230 5,630
INSTALLED BUILDING PRODUCTS INC 5,351 8,410
INTERTEK GROUP PLC 7,732 5,638
INTERPUBLIC GROUP 3,162 2,905
INTERDIGITAL INC 3,185 3,582
INTEGRA HOLDINGS CORP. 2,585 2,482
INTEGER HOLDINGS CORP. 5,736 6,638
ISHARES SILVER TR SHS 274,092 255,915
INSULET CORP. 3,674 5,641
BROADRIDGE FINANCIAL SOLUTIONS INC. 2,462 6,584
SONOCO PRODUCTS CO. 7,328 7,207
FTI CONSULTING INC. 1,268 3,186
ILLINOIS TOOL WORKS INC. 8,731 12,049
IDEXX LAB INC. 3,646 8,881
IDEX CORP. 3,339 5,428
ICON PLC 2,572 7,643
IBERDROLA SA 4,948 5,985
HUNTSMAN CORP. 1,437 1,357
HUNT JB TRANSPORTATION SVCS INC. 3,393 4,994
HUMANA INC. 9,469 14,192
HANCOCK WHITNEY CORP. 5,302 5,977
HALLIBURTON COMPANY 10,903 11,207
HALEON PLC 5,249 5,432
INFINEON TECHS AG 4,347 8,077
ING GROUP NV 5,297 7,044
HILTON WORLDWIDE HOLDINGS INC. 2,111 2,731
HG SINCLAIR CORP. 4,175 5,001
HEWLETT PACKARD ENTERPRISE CO. 6,455 6,384
HESS CORP. 2,911 3,316
HERSHEY COMPANY 7,550 10,814
FEDERATED INVESTORS 3,878 5,045
HELEN OF TROY LTD. 1,593 1,812
HEICO CORP. 4,740 7,155
HUB GROUP INC. 1,223 2,115
HDFC BANK LTD. 4,677 7,047
HARTFORD FINANCIAL SVCS 4,447 5,144
HANOVER INS GROUP INC. 6,179 7,164
HSBC HOLDINGS PLC 5,589 6,608
HITACHI LTD. 2,944 6,217
GSK PLC 12,614 12,675
GRAPHIC PACKAGING HLDG 3,132 4,486
GRACO INC. 2,386 5,553
GLOBUS MED INC 2,304 2,132
GLOBANT SA 6,825 8,091
GLOBAL PAYMENTS INC. 5,951 6,477
GILEAD SCIENCES INC. 9,677 12,233
GENERAL MOTORS CO. 25,102 25,791
GENERAL MILLS 12,668 15,764
GENERAC HOLDINGS INC. 3,495 3,748
COOPER COS INC. 4,226 4,541
GXO LOGISTICS INC. 4,182 4,587
H&R BLOCK 5,080 9,045
GARMIN LTD. 3,779 5,013
FOX CORP 2,933 2,611
FORTIVE CORP 6,193 6,479
FNB CORP. 2,403 4,338
FMC CORP. 4,220 2,270
FLUOR CORP. 1,429 1,919
FLOOR & DCOR HOLDINGS INC. 4,443 6,024
FIVE BELOW INC. 2,199 4,263
FIRST FINANCIAL CORP INDIANA 373 473
FIRST FINANCIAL BANCORP 2,887 3,088
FIRST COMMONWEALTH FINANCIAL CORP. 1,970 2,609
FIDELITY NATL INFO SVCS 12,519 12,855
COSTCO CORP. 24,753 33,004
FERGUSON PLC 3,541 4,634
FUJI ELECTRIC HOLDINGS CO. 6,384 6,164
FULTON FINANCIAL CORP. 2,585 3,358
EVERCORE INC. 5,515 8,724
EVERSOURCE ENERGY 2,537 2,098
ESSLORLUXOTTICA SA 5,853 6,532
ERSTE GROUP BK SP 4,763 6,193
EQUINOR ASA 5,463 5,221
EVERTEC INC. 2,821 3,603
EQUIFAX INC. 7,761 9,644
EPAM SYSTEMS INC. 1,251 4,460
EQUINIX INC. 13,073 15,302
ISHARES US ETF TR GSCI COMM STRAT 195,434 165,963
EASON CORP PLC 5,605 18,062
DELTA AIR LINES INC. 3,229 2,897
ESTEE LAUDER COS. 7,975 8,483
EDWARDS LIFESCIENCES CORP. 3,860 5,414
EMERSON ELECTRIC CO. 4,527 7,105
EMCOR GROUP INC. 7,039 16,157
ELEVANCE HEALTH INC. 10,994 19,334
ELECTRONIC ARTS INC. 10,654 12,587
EXELIXIS INC. 3,158 4,006
ECOLAB INC. 6,954 13,289
EBAY INC. 18,444 21,810
EXLSERVICE HLDGS INC. 6,011 7,126
EXPEDITORS INTL WASH INC. 2,012 2,417
DEERE CO. 7,291 15,595
DECKERS OUTDOORS CORP. 2,508 9,358
DOVER CORP. 4,144 4,460
DONNELLEY FINL SOLUTIONS INC. 960 1,809
DOLLAR TREE INC. 5,247 5,398
DIODES INC. 245 322
DIAMONDBACK ENERGY INC. 5,397 6,203
DIAGEO PLC 12,627 11,944
DEXCOM INC. 4,460 9,059
DEVON ENERGY CORP. 4,193 2,718
FASTENAL COMPANY 1,942 5,765
HOME DEPOT INC. 7,961 29,803
DR HORTON INC. 2,231 6,687
DUPONT DENEMOURS INC. 2,718 3,000
CSG SYSTEMS INTL INC. 3,963 4,629
DBS GROUP HOLDINGS 2,891 4,962
DARDEN RESTAURANTS INC. 3,489 3,779
DANAHER CORP. 10,806 11,104
CVS HEALTH CORP. 9,443 10,581
CURTISS WRIGHT 3,946 5,124
CUMMINS INC. 6,272 9,104
DYNATRACE INC. 5,458 5,797
CROCS INC 3,465 3,456
CRANE HOLDINGS CO. (CXT) 1,812 2,787
CRANE HOLDINGS CO. (CR) 1,593 2,954
DESCARTES SYSTEMS GROUP 2,901 3,194
DEUTCHE POST AG 4,281 5,698
DONALDSON CO INC 5,561 5,947
ARM HOLDINGS PLC 2,896 3,983
CARREFOUR SA 5,638 5,129
CORNING INC. 3,061 2,741
COPART INC. 3,835 8,036
CONCENTRIX CORP. 6,313 8,544
COMPASS GROUP PLC 4,731 6,118
COMMERCIAL METALS CO. 10,023 12,710
COMFORT SYSTEMS USA INC. 9,022 15,425
COMCAST CORP. 24,974 28,152
CNH INDUSTRIAL NV 4,199 4,263
CLEAN HARBORS INC 1,125 2,443
CARTIER HOLDINGS INC. 3,893 3,520
CARRIER GLOBAL CORP. 15,900 18,844
CITIGROUP INC. 21,342 24,177
CHEMED CORP. 4,863 5,848
CINTAS CORP. 4,038 4,821
CIE FINANCIERE RICHEMONT SA 3,247 5,331
CHURCHILL DOWNS INC. 3,914 3,913
CHUGAI PHARMA CO. 5,427 7,088
CHORD ENERGY CORP. 9,240 12,301
CENTIENE CORP. 6,468 6,456
CENCORA INC. 8,746 11,501
CENA CORP. 3,511 3,241
CDW INC. 2,016 7,502
CATERPILLAR INC. 16,944 20,697
CISCO SYSTEMS INC. 7,473 18,945
BOSTON BEER COMPANY INC. 3,948 4,147
CAPITAL ONE FINANCIAL 18,631 21,766
CAPGEMINI SE 5,956 8,956
CADENCE BANK 10,246 11,866
BURBERRY GROUP PLC 4,724 3,557
BRIDGESTONE CORP. 6,933 7,604
BUNZL PLC 11,229 15,271
BUILDERS FIRSTSOURCE INC. 385 5,175
BRUKER CORP. 4,836 9,920
BRISTOL MYERS SQUIBB CO. 16,614 14,623
INGERSOLL RAND PLC 2,929 4,718
INSIGHT ENTERPRISES INC. 2,813 5,139
BERKSHIRE HILLS BANCORP 1,764 1,788
BORG WARNER INC. 2,129 1,828
BLACKROCK INC. 15,340 23,542
BJS WHOLESALE CLUB HOLDINGS INC. 2,840 2,733
BIO TECHNE CORP. 2,956 3,009
BEST BUY CO INC. 5,780 7,202
BERRY GLOBAL GROUP INC. 2,885 3,437
BENTLEY SYS INC. 3,937 3,966
BOYD GAMING GROUP 3,009 2,943
BELDEN INC. 2,513 2,549
BAXTER INTERNATIONAL INC. 10,275 8,892
BARCLAYS PLC 8,148 6,375
BANK OZK 12,893 17,191
BOSTON SCIENTIFIC CORP. 7,398 11,331
CIRRUS LOGIC INC. 3,242 3,494
BAE SYSTEMS PLC 2,134 4,625
AVNET INC. 1,462 2,923
AVIENT CORP. 561 1,289
AUTONATION INC. 3,064 4,055
AUTOMATIC DATA PROCESSING 8,656 9,319
AUTODESK INC. 14,395 12,904
ATLANTIC UN BANKSHARES CORP. 1,411 1,462
ATKORE INC. 3,893 8,160
AT&T INC. 12,141 10,974
ASTRAZENECA PLC 5,002 5,927
AMERIPRISE FINANCIAL INC. 5,419 6,837
ASML HOLDINGS NV 2,652 9,840
APPLE HOSPITALITY REIT INC. 6,439 8,454
ARCH CAPITAL GROUP LTD. 3,899 4,308
APTIV PLC 13,390 12,202
APPLIED MATERIALS INC. 10,058 28,848
APPLIED INDUSTRIAL TECH 2,272 6,217
APPLE INC. 17,706 170,774
AON PLC 18,216 16,588
ANSYS INC. 5,128 5,806
ANALOG DEVICES INC 8,681 9,134
AMPHASTAR PHARMA INC. 2,984 5,567
AMN HEALTHCARE SVCS INC. 3,564 2,845
ARMSTRONG WORLD INDUSTRIES INC 4,038 4,916
BANCFIRST CORP 1,338 1,557
AIA GROUP LTD. 8,478 10,297
COSTAR GROUP INC. 4,214 5,768
AMERICAN WATER WORKS CO INC. 7,123 10,955
AMERICAN EXPRESS CO. 20,404 20,233
AMEREN CORP. 3,666 3,183
ALPHABET INC. 46,580 121,764
ALPHA METALLURGICAL RES INC 6,889 11,862
ALIGN TECH INC. 4,806 5,206
ALEXANDRIA REAL ESTATE REIT 8,657 6,465
ALBEMARLE CORP. 2,697 1,878
AKAMI TECHNOLOGIES INC. 2,563 4,024
AIRBUS SE 2,364 4,436
BANK IRELAND GROUP PLC 5,470 5,099
ALLSTATE CORP. 3,594 4,479
AIR PRODUCTS 4,039 7,940
AGNCO EAGLE MINES LTD. 7,051 6,472
AGILENT TECHNOLOGIES INC. 3,536 10,427
AGCO CORP. 3,488 3,278
ADVANCED MICRO D INC. 21,257 26,239
ADTALEM GLOBAL ED INC. 4,486 6,249
ADOBE INC. 6,452 32,216
ACUITY BRANDS INC. 11,638 13,519
ACCENTURE PLC 8,126 17,896
ACADEMY SPORTS & OUTDOORS INC. 3,897 6,864
ABBVIE INC. 14,563 15,652
ABBOTT LABS 9,042 22,344
AIR LIQUIDE 3,146 4,596
1ST FINANCIAL BANCSHARES INC. 3,462 3,394

TY 2023 InvestmentsOtherSchedule2
Name:
THE CLARK R SMITH FAMILY FOUNDATION
EIN:
22-2757313
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MENASHA CORP COM FMV 3,715,326 15,568,811

TY 2023 OtherDecreasesSchedule
Name:
THE CLARK R SMITH FAMILY FOUNDATION
EIN:
22-2757313
Description Amount
DIFFERENCE IN CARRYING VALUE OF INVESTMENTS - ACCOUNTING CHANGE 519,806


TY 2023 OtherExpensesSchedule
Name:
THE CLARK R SMITH FAMILY FOUNDATION
EIN:
22-2757313
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL & ADMINISTRATIVE FEES 25,344 0   25,344
BANK FEES 1,580 1,580   0
STATE FILING FEES 750 0   750


TY 2023 OtherIncomeSchedule2
Name:
THE CLARK R SMITH FAMILY FOUNDATION
EIN:
22-2757313
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
BANK FEE OFFSETS 1,661 0 1,661


TY 2023 OtherIncreasesSchedule
Name:
THE CLARK R SMITH FAMILY FOUNDATION
EIN:
22-2757313
Description Amount
COST BASIS ADJUSTMENTS - 2023 60,237
INCOME TIMING DIFFERENCES 1,581


TY 2023 TaxesSchedule
Name:
THE CLARK R SMITH FAMILY FOUNDATION
EIN:
22-2757313
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FORM 990-PF 2023 ESTIMATED TAX 18,000 0   0
FORM 990-PF 2022 TAX PAID BALANCE DUE 11,100 0   0