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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
CLARK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)9755 SW BARNES RD SUITE 440
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, OR97225
A Employer identification number

23-7423789
B Telephone number (see instructions)

(503) 627-9978
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$29,047,538
J 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 336,894 336,894  
4 Dividends and interest from securities... 361,639 361,639  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 569,315
b Gross sales price for all assets on line 6a 4,989,245
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 9 9  
12 Total. Add lines 1 through 11........ 1,267,857 698,542  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 7,600      
c Other professional fees (attach schedule).... 116,083 116,083    
17 Interest............... 12,410 12,410    
18 Taxes (attach schedule) (see instructions)... 16,096 16,096    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 65,831 48,312    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 218,020 192,901   0
25 Contributions, gifts, grants paid....... 1,643,000 1,643,000
26 Total expenses and disbursements. Add lines 24 and 25 1,861,020 192,901   1,643,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -593,163
b Net investment income (if negative, enter -0-) 505,641
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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......... 1,095,491 1,103,213 1,103,213
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) 3,826,629 Click to see attachment
List of Attached Documents:
// Content
3,596,447
3,596,447
b Investments—corporate stock (attach schedule)....... 13,580,799 Click to see attachment
List of Attached Documents:
// Content
15,087,555
15,087,555
c Investments—corporate bonds (attach schedule)....... 5,446,853 Click to see attachment
List of Attached Documents:
// Content
5,392,462
5,392,462
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).......... 3,358,934 Click to see attachment
List of Attached Documents:
// Content
3,864,637
3,864,637
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,224
Click to see attachment
List of Attached Documents:
// Content
3,224
Click to see attachment
List of Attached Documents:
// Content
3,224
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,311,930 29,047,538 29,047,538
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
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 27,311,930 29,047,538
29 Total net assets or fund balances (see instructions)..... 27,311,930 29,047,538
30 Total liabilities and net assets/fund balances (see instructions). 27,311,930 29,047,538
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
27,311,930
2
Enter amount from Part I, line 27a .....................
2
-593,163
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,328,771
4
Add lines 1, 2, and 3 ..........................
4
29,047,538
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
29,047,538
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
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 7,028
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  
3 Add lines 1 and 2........................... 3 7,028
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,028
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 8,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 972
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow972 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowOR
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 2024 or the taxable year beginning in 2024? 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 arrowBARB PURDY Telephone no.right arrow (503) 627-9978

Located atright arrow9755 SW BARNES RD SUITE 440PORTLANDOR ZIP+4right arrow97225
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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
1d
 
 
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
RICHARD M CLARK PRESIDENT/TR
000.00
0 0 0
755 SW TOUCHMARK WAY
PORTLAND,OR97225
TRACEY A CLARK DIRECTOR
000.00
0 0 0
755 SW TOUCHMARK WAY
PORTLAND,OR97225
BRITTNEY CLARK VICE PRESIDE
000.00
0 0 0
7975 SW WILLOWMERE
PORTLAND,OR97225
CHRISTOPHER BROOKS DIRECTOR
000.00
0 0 0
7975 SW WILLOWMERE
PORTLAND,OR97225
STEVE NICHOLES SECRETARY
000.00
0 0 0
111 SW FIFTH AVENUE 1500
PORTLAND,OR97204
PAT BECKER SR DIRECTOR
000.00
0 0 0
23661 SW STAFFORD HILL DR
WEST LINN,OR97068
JANEEN MCANINCH DIRECTOR
000.00
0 0 0
1211 SW FIFTH AVENUE 2185
PORTLAND,OR97204
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
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 PROVIDED FINANCIAL ASSISTANCE TO ST MARY'S ACADEMY FOR GYM IMPROVEMENT, TUITION ASSISTANCE. 150,000
2 PROVIDED FINANCIAL ASSISTANCE TO PROVIDENCE ST. VINCENT MEDICAL FOUNDATION FOR THE EMERGENCY ROOM REMODEL. 100,000
3 PROVIDED FINANCIAL ASSISTANCE TO ST. ANDREW NATIVITY SCHOOL FOR CONSTRUCTION OF NEW CLASSROOMS. 50,000
4 PROVIDED FINANCIAL ASSISTANCE TO UNIVERSITY OF PORTLAND FOR THE MARCOS CENTER FOR DESIGN & INNOVATION. 50,000
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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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
27,382,620
b
Average of monthly cash balances.......................
1b
960,018
c
Fair market value of all other assets (see instructions)................
1c
90,340
d
Total (add lines 1a, b, and c).........................
1d
28,432,978
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
28,432,978
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
426,495
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
28,006,483
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,400,324
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
1,400,324
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
7,028
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
7,028
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,393,296
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,393,296
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,393,296
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
1,643,000
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,643,000
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2023
(c)
2023
(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,393,296
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 313,726
b From 2020...... 369,195
c From 2021...... 188,465
d From 2022...... 580,692
e From 2023...... 484,256
f Total of lines 3a through e ........ 1,936,334
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,643,000
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions).....
 
c Treated as distributions out of corpus (Election
required—see instructions)........
 
d Applied to 2024 distributable amount..... 1,393,296
e Remaining amount distributed out of corpus 249,704
5 Excess distributions carryover applied to 2024.    
(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 2,186,038
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
313,726
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
1,872,312
10 Analysis of line 9:
a Excess from 2020.... 369,195
b Excess from 2021.... 188,465
c Excess from 2022.... 580,692
d Excess from 2023.... 484,256
e Excess from 2024.... 249,704
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MR RM CLARK
9755 SW BARNES ROAD SUITE 440
PORTLAND,OR97225
(503) 627-9978
MIKE@COASTERPROPERTIES.COM
bThe form in which applications should be submitted and information and materials they should include:
THE APPLICATION SHOULD BE IN THE FORM OF A LETTER AND MUST INCLUDE A LIST OF THE BOARD OF DIRECTORS, A DESCRIPTION OF THE ACTIVITY OR PROJECT, A BUDGET, AND OTHER INFORMATION AS REQUESTED BY THE CLARK FOUNDATION'S DIRECTORS.
cAny submission deadlines:
THERE ARE NO SUBMISSION DEADLINES
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE APPLICANT MUST BE A TAX EXEMPT ORGANIZATION WHOSE PURPOSE IS EDUCATIONAL, CHARITABLE, CULTURAL, RELIGIOUS OR SCIENTIFIC AND IS LOCATED IN THE PORTLAND, OREGON METROPOLITAN AREA. NO SCHOLARSHIPS TO INDIVIDUALS, STUDENT LOANS, OR OTHER PROGRAM RELATED INVESTMENTS MAY BE MADE BY THE CLARK FOUNDATION.
Form 990-PF (2024)
Form 990-PF (2024)
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

ADELANTE MUJERES

2030 MAIN STREET
SUITE A
FOREST GROVE,OR97116
N/A   CHARITABLE - YOUTH DEVELOPMENT 10,000

ALL CLASSICAL PORTLAND

222 SW COLUMBIA ST
SUITE 300
PORTLAND,OR97201
N/A   CHARITABLE - CONTINUED DEVELOPMENT 5,000

ALS NORTHWEST

825 NE MULTNOMAH ST
SUITE 940
PORTLAND,OR97232
N/A   CHARITABLE - EDUCATION PROGRAM 2,500

AMANI CENTER

1621 COLUMBIA BLVD
ST HELENS,OR97051
N/A   CHARITABLE - CHILD ABUSE ADVOCACY 5,000

AMERICAN RED CROSS

3131 N VANCOUVER
PORTLAND,OR97227
N/A   CHARITABLE - PROGRAM SUPPORT 20,000

ASSISTANCE LEAGUE OF GREATER PORTLA

4000 SW 117TH AVENUE
BEAVERTON,OR97005
N/A   CHARITABLE - PROGRAM SUPPORT 10,000

BLANCHET HOUSE OF HOSPITALITY

310 NW GLISAN ST
PORTLAND,OR97209
N/A   CHARITABLE - PROGRAM SUPPORT 25,000

BOYS & GIRLS AID

9320 SW BARBUR BLVD
SUITE 200
PORTLAND,OR97219
N/A   CHARITABLE - EDUCATION PROGRAM 2,500

BROADWAY ROSE THEATRE

P O BOX 231004
TIGARD,OR97281
N/A   CULTURAL - PROGRAM & BUILDING SUPPOR 10,000

CAMP BLUE SPRUCE

3519 NE 15TH AVENUE
SUITE 225
PORTLAND,OR97212
N/A   CHARITABLE - MEDICAL CAMP 500

CAMP UKANDU

601 SW 2ND AVENUE
SUITE 2300
PORTLAND,OR97204
N/A   CHARITABLE - PROGRAM SUPPORT 15,000

CASA FOR CHILDREN - CLATSOP

PO BOX 514
ASTORIA,OR97103
N/A   CHARITABLE - PROGRAM SUPPORT 15,000

CASA FOR CHILDREN - MULTNOMAH

1401 NE 68TH AVE
PORTLAND,OR97213
N/A   CHARITABLE - PROGRAM SUPPORT 15,000

CASA FOR CHILDREAN OF KLAMATH COUNT

731 MAIN ST 202
KLAMATH FALLS,OR97601
N/A   CHARITABLE - PROGRAM SUPPORT 3,000

CASCADE AIDS PROJECT

520 NW DAVIS ST 215
PORTLAND,OR97209
N/A   CHARITABLE - PROGRAM SUPPORT 5,000

CASCADE HEAD BIOSPHERE COLLABORATIV

801 SW HWY 101
SUITE A
LINCOLN CITY,OR97367
N/A   CHARITABLE - EDUCATION COORDINATOR 2,500

CATHOLIC CHARITIES OF OREGON

2740 SE POWELL BLVD
PORTLAND,OR97202
N/A   CHARITABLE - PROGRAM SUPPORT 25,000

CHAMBER MUSIC NORTHWEST

1201 SW 12TH AVE 420
PORTLAND,OR97205
N/A   CULTURAL - PROGRAM & BUILDING SUPPOR 10,000

CHILDREN'S CENTER OF CLACKAMAS COUN

1713 PENN LN A
OREGON CITY,OR97045
N/A   CHARITABLE - PROGRAM SUPPORT 5,000

CLACKAMAS WOMEN'S SERVICES

256 WARNER MILNE RD
OREGON CITY,OR97045
N/A   CHARITABLE - PROGRAM SUPPORT 3,000

COASTER THEATRE PRODUCTIONS

PO BOX 643
CANNON BEACH,OR97110
N/A   CULTURAL - PLAY SPONSOR 10,000

COLLEGE POSSIBLE

532 SE GRAND AVE
PORTLAND,OR97214
N/A   CHARITABLE - PROGRAM SUPPORT 1,000

COMMUNITY ACTION

9340 SW BARNES RD
SUITE 100
PORTLAND,OR97225
N/A   CHARITABLE - PROGRAM SUPPORT 1,000

COMMUNITY PARTNERS FOR AFFORDABLE H

6380 SW CAPITOL HWY
PORTLAND,OR97239
N/A   CHARITABLE - PROGRAM SUPPORT 1,500

COMMUNITY TRANSITIONAL SCHOOL

6601 NE KILLINGSWORTH ST
PORTLAND,OR97218
N/A   CHARITABLE - EDUCATION PROGRAM 1,000

CONGREGATION OF HOLY CROSS

PO BOX 1064
NOTRE DAME,IN46556
N/A   CHARITABLE - PROGRAM SUPPORT 2,500

CYOCAMP HOWARD

825 NE 20TH AVENUE
SUITE 120
PORTLAND,OR97232
N/A   CHARITABLE - PROGRAM SUPPORT 20,000

DE LA SALLE NORTH CATHOLIC HIGH

7528 N FENWICK AVENUE
PORTLAND,OR97217
N/A   EDUCATIONAL - FINANCIAL AID 34,200

DRESS FOR SUCCESS

1532 NE 37TH AVENUE
PORTLAND,OR97232
N/A   CHARITABLE - PROGRAM SUPPORT 50,000

FIGHTING PRETTY

4800 S MACADAM AVE
SUITE 205
PORTLAND,OR97239
N/A   CHARITABLE - PROGRAM SUPPORT 10,000

FORA HEALTH

10230 SE CHERRY BLOSSOM D
PORTLAND,OR97216
N/A   CHARITABLE - PROGRAM SUPPORT 10,000

FREEDOM FOURSQUARE CHURCH

660 SE 160TH AVE
PORTLAND,OR97233
N/A   CHARITABLE - PROGRAM SUPPORT 2,500

FRIENDLY HOUSE

2617 NW SAVIER ST
PORTLAND,OR97210
N/A   CHARITABLE - PROGRAM SUPPORT 10,000

GERMAINE'S CULINARY INC

4207 SE WOODSTOCK BLVD
BOX 105
PORTLAND,OR97206
N/A   CHARITABLE - PROGRAM SUPPORT 1,500

GIRL SCOUTS

9620 SW BARBUR BLVD
PORTLAND,OR97219
N/A   CHARITABLE - SCHOLARSHIPS 25,000

GIRLS INC OF THE PACIFIC NORTHWEST

4800 S MACADAM AVE
SUITE 309
PORTLAND,OR97239
N/A   CHARITABLE - MENTORING PROGRAM 5,000

HEART OF OREGON CORPS

PO BOX 279
BEND,OR97709
N/A   CHARITABLE - BUILDING FUND 20,000

HIGH DESERT CHAMBER MUSIC

961 NW BROOKS ST
BEND,OR97703
N/A   EDUCATION - OUTREACH PROGRAM 2,500

HIGH DESERT MUSEUM

59800 US 97
BEND,OR97702
N/A   CULTURAL - PROGRAM & BUILDING SUPPOR 7,500

HOLY CROSS CATHOLIC SCHOOL

5202 N BOWDOIN ST
PORTLAND,OR97203
N/A   EDUCATIONAL - TUITION ASSISTANCE 15,000

HOLY FAMILY ACADEMY

10697 HOWELL PRAIRIE RD N
SALEM,OR97305
N/A   CHARITABLE - PLAYGROUND EQUIPMENT 2,500

HOLY FAMILY SCHOOL

7425 SE CEASR CHAVEZ BLVD
PORTLAND,OR97202
N/A   EDUCATIONAL - TUITION ASSISTANCE 15,000

IDANHA-DETRIOT RURAL FIRE DEPT

107 OR-22
IDANHA,OR97350
N/A   CHARITABLE - BUILDING FUND 20,000

IMPACT NW

10055 E BURNSIDE ST
PORTLAND,OR97216
N/A   CHARITABLE - PROGRAM SUPPORT 15,000

JUNIOR ACHIEVEMENT

7830 SE FOSTER RD
PORTLAND,OR97206
N/A   CULTURAL - PROGRAM & BUILDING SUPPOR 15,000

KINDRED PARTNERS

PO BOX 2241
BEAVERTON,OR97075
N/A   CHARITABLE - CHILDREN PROGRAMS 1,000

KINSHIP HOUSE

1823 NE 8TH AVE
PORTLAND,OR97212
N/A   CHARITABLE - MENTAL HEALTH THERAPY 2,500

LA PINE COMMUNITY KITCHEN

PO BOX 813
LA PINE,OR97739
N/A   CHARITABLE - FOOD BANK & OPER EXP 20,000

LIFT UP

10614 NW ST HELENS ROAD
PORTLAND,OR97231
N/A   CHARITABLE - PROGRAM SUPPORT 5,000

LIVING DESERET

47900 PORTOLA AVENUE
PALM DESERT,CA92260
N/A   CHARITABLE - PROGRAM SUPPORT 25,000

MAYBELLE CENTER

121 NW SIXTH AVENUE
PORTLAND,OR97209
N/A   CHARITABLE - GRANT PROJECT 25,000

MEALS ON WHEELS

7710 SW 31ST AVE
PORTLAND,OR97219
N/A   CHARITABLE - SENIOR FOOD PROGRAMS 25,000

MEDICAL TEAMS INTERNATIONAL

14150 SW MILTON CT
PORTLAND,OR97224
N/A   CHARITABLE - PROGRAM SUPPORT 5,000

MUSIC WORKSHOP

4804 SW SCHOLLS FERRY RD
PORTLAND,OR97225
N/A   EDUCATIONAL - PROGRAM SUPPORT 25,000

NORTHEAST EMERGENCY FOOD PROGRAM

4800 NE 72ND AVE
PORTLAND,OR97218
N/A   CHARITABLE - PROGRAM SUPPORT 2,500

NW CATHOLIC COUNSELING

8383 NE SANDY BLVD
SUITE 205
PORTLAND,OR97220
N/A   CHARITABLE - MEDICAL PROGRAMS 10,000

NW HOUSING ALTERNATIVES

2316 SE WILLARD ST
MILWAUKIE,OR97222
N/A   CHARITABLE - SENIOR HEALTH & HOUSING 5,000

ON THE MOVE

4187 SE DIVISION ST
PORTLAND,OR97202
N/A   CHARITABLE - OPERATING FUNDS 1,000

OREGON BALLET THEATRE

720 SW BANCROFT ST
PORTLAND,OR97239
N/A   CULTURAL - PROGRAM & BUILDING SUPPOR 10,000

OREGON COAST AQUARIUM

2820 SE FERRY SLIP RD
NEWPORT,OR97365
N/A   CHARITABLE - OPERATING FUNDS 25,000

OREGON FOOD BANK

7900 NE 33RD DR
PORTLAND,OR97211
N/A   CHARITABLE - FOOD /OPERATING FUNDS 25,000

OREGON HEALTH & SCIENCE UNIV FOUNDA

2020 SW 4TH AVE
SUITE 900
PORTLAND,OR97201
N/A   CHARITABLE - MEDICAL EQUIPMENT 50,000

OREGON HISTORICAL SOCIETY

1200 SW PARK AVENUE
PORTLAND,OR97205
N/A   CULTURAL - OPERATING FUNDS 10,000

OREGON HUMANE SOCIETY

1067 NE COLUMBIA BLVD
PORTLAND,OR97211
N/A   CHARITABLE - OPERATING FUNDS 10,000

OREGON PUBLIC BROADCASTING

7140 SW MACADAM AVE
PORTLAND,OR97219
N/A   CULTURAL - OREGON EXPERIENCE SERIES 25,000

OREGON RAIL FOUNDATION

2250 SE WATER AVE
PORTLAND,OR97214
N/A   CULTURAL - EXHIBITS 10,000

OREGON STATE UNIVERSITY FOUNDATION

707 SW WASHINGTON ST
SUITE 500
PORTLAND,OR97205
N/A   EDUCATION - BUILDING RENOVATION 50,000

OREGON SYMPHONY

851 SW 6TH AVE
SUITE 385
PORTLAND,OR97204
N/A   EDUCATION - MUSIC & COMMUNITY ENGAGE 15,000

OREGON ZOO FOUNDATION

4001 SW CANYON ROAD
PORTLAND,OR97221
N/A   CHARITABLE - BUILDING FUND 25,000

OUR JUST FUTURE

10550 NE HALSEY ST
PORTLAND,OR97220
N/A   CHARITABLE - AFFORDABLE HOUSING 30,000

PARTNERS FOR HUNGER FREE OREGON

2900 SE STARK ST STE 1A
PORTLAND,OR97214
N/A   CHARITABLE - PROGRAM SUPPORT 5,000

PATH HOME

6220 SE 92ND AVE
PORTLAND,OR97266
N/A   CHARITABLE - SCHOOL MEALS 5,000

PDX JAZZ

2839 SW 2ND AVE
B
PORTLAND,OR97201
N/A   EDUATION - PROGRAM SUPPORT 2,500

PEACE IN SCHOOLS

959 SE DIVISION ST
SUITE 325
PORTLAND,OR97214
N/A   EDUCATIONAL - VARIOUS PROGRAMS 10,000

PORTLAND ART MUSEUM

1219 SW PARK AVENUE
PORTLAND,OR97205
N/A   CULTURAL - PROGRAM & BUILDING SUPPOR 40,000

PORTLAND AUDUBON

5151 NW CORNELL RD
PORTLAND,OR97210
N/A   CHARITABLE - PROGRAM SUPPORT 2,500

PORTLAND CENTER STAGE

128 NW 11TH AVENUE
PORTLAND,OR97209
N/A   CULTURAL - PROPRAM & BUILDING SUPPOR 10,000

PORTLAND RESCUE MISSION

PO BOX 3713
PORTLAND,OR97208
N/A   CHARITABLE - PROGRAM SUPPORT 10,000

PORTLAND STREET MEDICINE

2717 NE BROADWAY
PORTLAND,OR97232
N/A   CHARITABLE - COMM HEALTH PROGRAM 1,000

PORTLAND SUMMERFEST

POBOX 4084
PORTLAND,OR97208
N/A   CHARITABLE - PROGRAM SUPPORT 5,000

PORTLAND TENNIS & EDUCATION

7519 N BURLINGTON AVE
PORTLAND,OR97203
N/A   EDUCATIONAL - VARIOUS PROGRAMS 10,000

PORTLAND YOUTHBUILDERS

4816 SE 92ND AVENUE
PORTLAND,OR97266
N/A   CHARITABLE - PROGRAM SUPPORT 5,000

PROJECT LEDO

610 SW ALDER ST
SUITE 200
PORTLAND,OR97205
N/A   CHARITABLE - PROGRAM SUPPORT 1,000

PROJECT LEMONADE

PO BOX 96144
PORTLAND,OR97296
N/A   CHARITABLE - PROGRAM SUPPORT 15,000

PROVIDENCE ST VINCENT MEDICAL FOUND

9205 SW BARNES RD
PORTLAND,OR97225
N/A   CHARITABLE - PROGRAM SUPPORT 100,000

QIGONG SENSORY TRAINING INSTITUTE

4327 SE ASH ST
PORTLAND,OR97215
N/A   CHARITABLE - PROGRAM SUPPORT 500

QUAD

6645 NE 78TH COURT
C-7
PORTLAND,OR97218
N/A   CHARITABLE - PROGRAM SUPPORT 2,500

ROSE HAVEN

1740 NW GLISAN ST
PORTLAND,OR97209
N/A   CHARITABLE - PROGRAM SUPPORT 10,000

SARAH BELLUM'S BAKERY WORKSHOP

7828 SW CAPITOL HWY
PORTLAND,OR97219
N/A   CHARTIABLE - EMPOWERMENT PROGRAM 1,000

SATURDAY ACADEMY

5000 N WILLAMETTE BLVD
PORTLAND,OR97203
N/A   EDUCATION - TUITION ASSIATNCE 15,000

SHADOW PROJECT

2154 NE BROADWAY
PORTLAND,OR97232
N/A   CHARITABLE - MENTOR PROGRAM 2,500

SISTERS OF ST MARY OF OREGON

40 SW 148TH AVE
BEAVERTON,OR97078
N/A   EDUCATION - TUITION ASSISTANCE 25,000

SISTERS OF THE HOLY NAMES

17590 GLEASON DR
LAKE OSWEGO,OR97034
N/A   CHARITABLE - OPERATING EXPENES 25,000

SISTERS OF THE ROAD

PO BOX 411
MARYLHURST,OR97036
N/A   CHARITABLE - GENERAL SUPPORT 5,000

SMART READING

101 SW MARKET ST
PORTLAND,OR97201
N/A   CHARITABLE - PROGRAM SUPPORT 10,000

SNOWCAP

17805 SE STARK ST
PORTLAND,OR97233
N/A   CHARITABLE - PROGRAM SUPPORT 1,500

SPECIAL OLYMPICS OREGON

8313 SW CIRRUS DR
BEAVERTON,OR97008
N/A   CHARTIABLE - PROGRAM SUPPORT 5,000

SPORT OREGON FOUNDATION

1939 SW MORRISON ST
PORTLAND,OR97205
N/A   CHARITABLE - PROGRAM SUPPORT 10,000

ST ANDREW LEGAL CLINIC

807 NE ALBERTA ST
PORTLAND,OR97211
N/A   CHARITABLE - PROGRAM SUPPORT 21,800

ST ANDREWS NATIVITY SCHOOL

PO BOX 11127
PORTLAND,OR97211
N/A   EDUCATIONAL - SCHOLARSHIP PROGRAM 50,000

ST CLARE SCHOOL

1807 SW FREEMAN ST
PORTLAND,OR97219
N/A   EDUCATIONAL - BUILDING FUND 10,000

ST MARY'S ACADEMY

1615 SW FIFTH AVENUE
PORTLAND,OR97201
N/A   EDUCATIONAL - VARIOUS PROGRAMS 150,000

ST MARY'S HOME FOR BOYS

16535 SW TUALATIN VALLEY
BEAVERTON,OR97006
N/A   EDUCATIONAL - PROGRAM SUPPORT 1,500

ST MATTHEW LUTHERAN CHURCH PANTRY

10390 SW CANYON RD
BEAVERTON,OR97005
N/A   CHARITABLE - FOOD SUPPORT 5,000

STORE TO DOOR

7730 SW 31ST AVENUE
PORTLAND,OR97219
N/A   CHARITABLE - PROGRAM SUPPORT 15,000

UNION GOSPEL MISSION

3 NW 3RD AVE
PORTLAND,OR97209
N/A   CHARITABLE - PROGRAM SUPPORT 10,000

UNIVERSITY OF PORTLAND

5000 N WILLAMETTE BLVD
PORTLAND,OR97203
N/A   CHARITABLE - BUILDING FUND 50,000

URBAN GLEANERS

15 SE 6TH AVE
PORTLAND,OR97214
N/A   CHARITABLE - PROGRAM SUPPORT 15,000

WHEEL TO WALK FOUNDATION

PO BOX 20146
PORTLAND,OR97294
N/A   CHARITABLE - PROGRAM SUPPORT 2,500

WILLIAM TEMPLE HOUSE

2023 NW HOYT STREET
PORTLAND,OR97209
N/A   CHARITABLE - PROGRAM SUPPORT 1,000

YAMHILL ENRICHMENT SOCIETY

638 NE 5TH ST
MCMINNVILLE,OR97128
N/A   CHARITABLE - PROGRAM SUPPORT 15,000

YOUNG LIFE NORTH COAST

PO BOX 520
COLORADO SPRINGS,CO80901
N/A   CHARITABLE - PROGRAM SUPPORT 10,000

YOUTHLINE

5100 S MACADAM AVE
PORTLAND,OR97239
N/A   CHARITABLE - PROGRAM SUPPORT 2,500

YWCA OF GREATER PORTLAND

PO BOX 4587
PORTLAND,OR97208
N/A   CHARITABLE - PROGRAM SUPPORT 25,000
Total .................................right arrow 3a 1,643,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
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 ...........
    14 336,894  
4 Dividends and interest from securities ....     14 361,639  
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 .....         9
8 Gain or (loss) from sales of assets other than
inventory ............
        569,315
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) ..   698,533 569,324
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,267,857
(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 (2024)
Form 990-PF (2024)
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.
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with the preparer shown below?
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PTIN
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Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
CLARK FOUNDATION
EIN:
23-7423789
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES 7,600      

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TY 2024 AmortizationSchedule
Name:
CLARK FOUNDATION
EIN:
23-7423789
Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
US TREASURY BILL 2023-03-30 264,064            

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TY 2024 GainLossSaleOtherAssetsSch
Name:
CLARK FOUNDATION
EIN:
23-7423789
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
US TREASURY BILL 2023-03 PURCHASE 2024-02   275,000 264,064     10,936  
US TREASURY NOTE 5.25% 2023-11 PURCHASE 2024-10   280,000 290,581     -10,581  
CIENA CORP   PURCHASE 2024-11   200,388 64,284     136,104  
COMCAST CORP 4.65% 2023-03 PURCHASE 2024-11   234,081 240,226     -6,145  
GROCERY OUTLET HOLDING CORP   PURCHASE 2024-11   247,083 276,453     -29,370  
US TREASURY BILL 2023-11 PURCHASE 2024-11   292,650 288,843     3,807  
TARGET CORP 2019-11 PURCHASE 2024-09   293,176 312,416     -19,240  
FEDERAL FARM CREDIT 2020-09 PURCHASE 2024-09   275,000 274,678     322  
US TREASURY NOTE 2.125% 2021-05 PURCHASE 2024-07   325,000 325,000        
MEDTRONIC PLC   PURCHASE 2024-07   265,198 300,961     -35,763  
ROYAL PHILLIPS NV ADR   PURCHASE 2024-05   7 5     2  
CATERPILLAR INC 3.4% 2021-02 PURCHASE 2024-05   325,000 325,000        
ROYAL PHILLIPS NV ADR   PURCHASE 2024-05   144,637 100,440     44,197  
SAP SE ADR   PURCHASE 2024-05   101,544 62,314     39,230  
JP MORGAN CHASE 4.25% 2022-04 PURCHASE 2024-05   267,727 278,167     -10,440  
SALESFORCE INC   PURCHASE 2024-04   167,996 136,417     31,579  
EATON CORP PLC   PURCHASE 2024-04   191,709 84,650     107,059  
MCKESSON CORP   PURCHASE 2024-04   224,327 31,116     193,211  
INTERNATIONAL PAPER CO   PURCHASE 2024-03   116,381 157,029     -40,648  
EMBRAER SA ADR   PURCHASE 2024-03   128,773 102,774     25,999  
ACCENTURE PLC   PURCHASE 2024-03   294,025 166,570     127,455  
GOLDMAN SACHS GROUP INC 2016-04 PURCHASE 2024-03   175,000 175,000        
COLUMBIA SPORTSWEAR CO   PURCHASE 2024-02   164,543 162,942     1,601  

TY 2024 InvestmentsCorpBondsSchedule
Name:
CLARK FOUNDATION
EIN:
23-7423789
Name of Bond End of Year Book Value End of Year Fair Market Value
FEDERAL FARM CR 0.36%    
FEDERAL FARM CR 2.28% 257,873 257,873
GOLDMAN SACHS GROUP    
CATERPILLAR INC    
TOYOTA MOTOR CREDIT 273,988 273,988
BANK OF AMERICA 3.875% 273,697 273,697
NIKE INC 289,472 289,472
MORGAN STANLEY 3.625% 269,694 269,694
MICROSOFT CORP 3.3% 234,897 234,897
APPLE INC, 3% 240,736 240,736
CVS HEALTH CORP 4.3%28 290,424 290,424
JP MORGAN CHASE 269,096 269,096
DUKE ENERGY 3.7% 289,609 289,609
THERMO FISHER PC 224,476 224,476
WELLS FARGO & CO 279,115 279,115
INTEL CORP 241,069 241,069
AMAZON.COM INC 4.65% 241,514 241,514
TARGET CORP 3.375%29 284,311 284,311
DEERE & CO 3.1% 252,383 252,383
PAYPAL HOLDINGS 262,904 262,904
THE ALLSTATE COR 1.45% 244,008 244,008
COMCAST CORP 4.65% 229,763 229,763
ECOLAB INC 207,500 207,500
THE GOLDMAN SACHS 235,933 235,933

TY 2024 InvestmentsCorpStockSchedule
Name:
CLARK FOUNDATION
EIN:
23-7423789
Name of Stock End of Year Book Value End of Year Fair Market Value
ACCENTURE    
CIENA CORP    
COLUMBIA SPORTSWEAR    
INTERNTNL PAPER    
MCKESSON CORP    
MEDTRONIC PLC    
TYSON FOODS INC,    
WALT DISNEY    
AIR PROD & CHEMICALS 249,434 249,434
ALLSTATE CORP COM 315,212 315,212
ALPHABET INC. 311,399 311,399
AMAZON.COM INC. 507,888 507,888
APPLE INC 559,689 559,689
AUTOZONE INC 320,200 320,200
BAKER HUGHES 347,029 347,029
BERKSHIRE HATHAWAY 267,435 267,435
BLACKROCK 302,407 302,407
CARRIER GLOBAL CORP 319,457 319,457
CHARLES SCHWAB 310,102 310,102
CHEVRON CORP 354,134 354,134
CHUBB LTD 353,664 353,664
CISCO SYSTEMS INC 303,104 303,104
CVS HEALTH 141,404 141,404
DIAGEO PLC 184,974 184,974
DISNEY WALT CO 249,981 249,981
EATON 278,771 278,771
EMBRAER SA 299,676 299,676
EMERSON ELECTRIC CO 352,581 352,581
FIRSTENERGY CORP 186,767 186,767
GENERAL DYNAMICS 226,601 226,601
GOLDMAN SACHS 297,762 297,762
HOLOGIC INC 171,574 171,574
HOME DEPOT 229,504 229,504
HONEYWELL INTL INC 268,809 268,809
IMAX CORP 231,040 231,040
INTEL CORP 80,000 80,000
JOHNSON AND JOHNSON 312,379 312,379
JP MORGAN CHASE & CO 572,907 572,907
KINDER MORGAN INC 405,794 405,794
KONINKLIJKE PHILIPS 259,910 259,910
METHANEX CORP 311,376 311,376
MICROSOFT CORP COM 665,970 665,970
NEWMONT MINING CORP 220,715 220,715
NIKE INC 214,524 214,524
PAYPAL HOLDINGS INCORPORATION 273,974 273,974
PFIZER INC 166,078 166,078
PROCTOR & GAMBLE CO 217,945 217,945
QUALCOMM INC 305,704 305,704
QUEST DIAGNOSTIC INC 222,519 222,519
RTX CORP 234,796 234,796
SALESFORCE 295,882 295,882
SANOFI SA 258,513 258,513
SAP SE 342,232 342,232
SOUTHERN CO 258,073 258,073
SYSCO CORP 258,817 258,817
TIMKEN CO 170,574 170,574
US BANCORP 243,216 243,216
VERIZON COMMUNICATIONS 261,735 261,735
WALMART INC 411,996 411,996
WARNER BROTHERS DISCOVER 181,328 181,328

TY 2024 InvestmentsGovtObligationsSch
Name:
CLARK FOUNDATION
EIN:
23-7423789
US Government Securities - End of Year Book Value:

3,596,447
US Government Securities - End of Year Fair Market Value:

3,596,447
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsOtherSchedule2
Name:
CLARK FOUNDATION
EIN:
23-7423789
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ISHARES INC CORE MSCI FMV 575,726 575,726
ISHARES CORE S&P SMALL FMV 767,941 767,941
ISHARES MSCI EAFE FMV 523,977 523,977
VANGUARD GROWTH ETF FMV 1,855,189 1,855,189
REALTY INCOME CORP FMV 141,804 141,804

TY 2024 OtherAssetsSchedule
Name:
CLARK FOUNDATION
EIN:
23-7423789
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSIT 3,224 3,224 3,224


TY 2024 OtherExpensesSchedule
Name:
CLARK FOUNDATION
EIN:
23-7423789
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
BROKERAGE FEE 581 581    
LICENSES AND PERMITS 150      
WEB HOSTING 311      
RENT 12,688      
INSURANCE 1,910      
NON CHARITABLE GRANTS 2,000      
OFFICE SUPPLIES 460      


TY 2024 OtherIncomeSchedule2
Name:
CLARK FOUNDATION
EIN:
23-7423789
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME 9 9  


TY 2024 OtherIncreasesSchedule
Name:
CLARK FOUNDATION
EIN:
23-7423789
Description Amount
UNREALIZED GAIN ON INVESTMENTS 2,328,771


TY 2024 OtherProfessionalFeesSchedule
Name:
CLARK FOUNDATION
EIN:
23-7423789
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEE 113,083 113,083    
ADMINISTRATIVE FEE 3,000 3,000    


TY 2024 TaxesSchedule
Name:
CLARK FOUNDATION
EIN:
23-7423789
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN DIVIDEND TAX 7,566 7,566    
STATE TAXES 2,300 2,300    
FEDERAL INCOME TAX 6,230 6,230