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 CHARITABLE FOUNDATION INC
DBA A JAMES & ALICE B CLARK FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 70653
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHEVY CHASE, MD20813
A Employer identification number

52-1512330
B Telephone number (see instructions)

(301) 657-7191
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$459,793,846
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) 141,419,976
2 Check right arrow.............
3 Interest on savings and temporary cash investments 18,317,506 14,214,478  
4 Dividends and interest from securities... 854,592 5,855,369  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -12,588,380
b Gross sales price for all assets on line 6a 202,574,535
7 Capital gain net income (from Part IV, line 2)... 0
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).......      
12 Total. Add lines 1 through 11........ 148,003,694 20,069,847  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 601,598 0   601,598
14 Other employee salaries and wages...... 1,863,756 0   1,863,756
15 Pension plans, employee benefits....... 377,609 0   276,659
16a Legal fees (attach schedule)......... 69,059 0   69,059
b Accounting fees (attach schedule)....... 106,453 0   106,453
c Other professional fees (attach schedule).... 912,076 693,354   218,722
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 306,166 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 532,592 0   532,592
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,034,037 15,477   1,034,037
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,803,346 708,831   4,702,876
25 Contributions, gifts, grants paid....... 187,000,631 187,000,631
26 Total expenses and disbursements. Add lines 24 and 25 192,803,977 708,831   191,703,507
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -44,800,283
b Net investment income (if negative, enter -0-) 19,361,016
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......... 31,065,908 221,785,190 221,785,190
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 arrow200,000
Less: allowance for doubtful accounts right arrow0 200,000 200,000 200,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 252,623,588 Click to see attachment
List of Attached Documents:
// Content
140,883,331
141,249,102
b Investments—corporate stock (attach schedule)....... 13,278,734 Click to see attachment
List of Attached Documents:
// Content
6,103,740
7,259,849
c Investments—corporate bonds (attach schedule)....... 93,015,545 Click to see attachment
List of Attached Documents:
// Content
38,796,509
45,165,635
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).......... 101,723,399 Click to see attachment
List of Attached Documents:
// Content
24,338,121
29,134,070
14 Land, buildings, and equipment: basis right arrow60,210
Less: accumulated depreciation (attach schedule) right arrow60,210      
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0
Click to see attachment
List of Attached Documents:
// Content
15,000,000
Click to see attachment
List of Attached Documents:
// Content
15,000,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 491,907,174 447,106,891 459,793,846
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 126,041,347 126,041,347
28 Retained earnings, accumulated income, endowment, or other funds 365,865,827 321,065,544
29 Total net assets or fund balances (see instructions)..... 491,907,174 447,106,891
30 Total liabilities and net assets/fund balances (see instructions). 491,907,174 447,106,891
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
491,907,174
2
Enter amount from Part I, line 27a .....................
2
-44,800,283
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
447,106,891
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
447,106,891
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.)
1 a PUBLICLY TRADED SECURITIES HELD SHORT TERM      
b PUBLICLY TRADED SECURITIES HELD LONG TERM      
c CERBERUS PARTNERS, L.P. D    
d CERBERUS PARTNERS, L.P. D    
e STARK SELECT ASSET FUND LLC D    
STARK INVESTMENTS LIMITED PARTNERSHIP - HOLDBACK D    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 129,254,179   129,238,838 15,341
b 73,228,828   84,645,139 -11,416,311
c     16,529 -16,529
d     5,415 -5,415
e     222 -222
22,918     22,918
68,610     68,610
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       15,341
b       -11,416,311
c       -16,529
d       -5,415
e       -222
      22,918
      68,610
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 -11,331,608
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) 1 269,118
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........................... 3 269,118
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- ..... 5 269,118
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 237,824
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 300,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 537,824
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 10 268,706
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow268,706 Refundedright arrow 11 0
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$ 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowMD
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 arrowCLARKFOUNDATIONDC.ORG
14
The books are in care ofright arrowJOE DEL GUERCIO Telephone no.right arrow (301) 657-7191

Located atright arrowPO BOX 70653CHEVY CHASEMD ZIP+4right arrow20813
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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
 
No
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
 
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 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
Yes
 
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
COURTNEY C PASTRICK DIRECTOR
2.00
0 0 0
PO BOX 70653
CHEVY CHASE,MD20813
ROBERT J FLANAGAN DIRECTOR
2.00
0 0 0
PO BOX 70653
CHEVY CHASE,MD20813
JOSEPH DEL GUERCIO PRESIDENT & CEO
35.00
558,229 43,369 0
PO BOX 70653
CHEVY CHASE,MD20813
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
ASHLEY DAVIS DIRECTOR OF OPERATIO
40.00
315,000 70,612 0
PO BOX 70653
CHEVY CHASE,MD20813
JENNIFER HOUSTON DIRECTOR, EVENTS AND
40.00
252,500 57,759 0
PO BOX 70653
CHEVY CHASE,MD20813
NATALIE GRANDISON DIRECTOR, ENGINEERIN
40.00
242,500 66,185 0
PO BOX 70653
CHEVY CHASE,MD20813
DANIELLE HAMBERGER DIRECTOR, EDUCATION
40.00
242,500 46,330 0
PO BOX 70653
CHEVY CHASE,MD20813
HARRY MONROE DIRECTOR, VETERANS P
40.00
242,500 34,306 0
PO BOX 70653
CHEVY CHASE,MD20813
Total number of other employees paid over $50,000...................right arrow 4
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
BLUECADET LLC LEGACY WEBSITE DESIGN 532,000
1529 N FRONT STREET
PHILADELPHIA,PA19122
FENTON COMMUNICATIONS PUBLIC RELATIONS 290,418
1010 VERMONT AVENUE NW
WASHINGTON,DC20005
EQUIVOLVE CONSULTING LLC GRANT CONSULTING 112,584
226 E 39TH ST
BALTIMORE,MD21218
CLIFTONLARSONALLEN LLP ACCOUNTING SERVICES 104,528
220 SOUTH SIXTH STREET STE 300
MINNEAPOLIS,MN55402
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 CLARK CHARITABLE FOUNDATION PROVIDED A $15 MILLION LOAN TO WORKSHOPS FOR WARRIORS, A GRANTEE FOCUSED ON TRAINING AND EMPLOYMENT FOR VETERANS. THE LOAN ENABLED EXPEDITED CONSTRUCTION OF A NEW FACILITY TO MEET HIGH DEMAND, AT A BELOW-MARKET INTEREST RATE OF 1%. THIS APPROACH ALIGNS WITH OUR PHILANTHROPIC GOALS BY ACCELERATING IMPACT WITHIN OUR VETERANS PORTFOLIO. 15,000,000
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow15,000,000
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
188,734,359
b
Average of monthly cash balances.......................
1b
257,208,006
c
Fair market value of all other assets (see instructions)................
1c
200,000
d
Total (add lines 1a, b, and c).........................
1d
446,142,365
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
446,142,365
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
6,692,135
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
439,450,230
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
21,972,512
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
21,972,512
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
269,118
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
269,118
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
21,703,394
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
21,703,394
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
21,703,394
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
191,703,507
b
Program-related investments—total from Part VIII-B..................
1b
15,000,000
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
206,703,507
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 21,703,394
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 128,713,710
b From 2020...... 138,784,382
c From 2021...... 58,456,052
d From 2022...... 124,516,001
e From 2023...... 92,562,778
f Total of lines 3a through e ........ 543,032,923
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 206,703,507
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 21,703,394
e Remaining amount distributed out of corpus 185,000,113
5 Excess distributions carryover applied to 2024. 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 5 728,033,036
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
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) .......
0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
128,713,710
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
599,319,326
10 Analysis of line 9:
a Excess from 2020.... 138,784,382
b Excess from 2021.... 58,456,052
c Excess from 2022.... 124,516,001
d Excess from 2023.... 92,562,778
e Excess from 2024.... 185,000,113
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 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 (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

ACADEMY ART MUSEUM INC

106 SOUTH STREET
EASTON,MD21601
  PC GENERAL OPERATING SUPPORT OF ART PROGRAMS 25,000

ACADEMY OF THE HOLY CROSS INC

4920 STRATHMORE AVENUE
KENSINGTON,MD20895
  PC STUDENT SCHOLARSHIPS 500,000

ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC

225 N MICHIGAN AVE FLOOR 17
CHICAGO,IL60601
  PC GENERAL OPERATING SUPPORT OF HEALTH PROGRAMS 5,000

ARCHBISHOP CARROLL HIGH SCHOOL

4300 HAREWOOD ROAD NE
WASHINGTON,DC20017
  PC STUDENT SCHOLARSHIPS 500,000

BISHOP MCNAMARA HIGH SCHOOL

6800 MARLBORO PIKE
FORESTVILLE,MD20747
  PC STUDENT SCHOLARSHIPS 1,000,000

BOYS & GIRLS CLUBS OF GREATER WASHINGTON INC

4103 BENNING ROAD NE
WASHINGTON,DC20024
  PC GENERAL OPERATING SUPPORT OF YOUTH PROGRAMS 7,500

BROOKLYN KINDERGARTEN SOCIETY

25 CHAPEL STREET SUITE 900
BROOKLYN,NY11201
  PC SUPPORT OF SENSORY GYM STAFF 100,000

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON INC

924 G STREET NW
WASHINGTON,DC20001
  PC SUPPORT OF THE NEWCOMER NETWORK 4,100,000

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON INC

924 G STREET NW
WASHINGTON,DC20001
  PC GENERAL OPERATING SUPPORT OF SOCIAL SERVICES PROGRAMS 260,000

CENTER CITY PUBLIC CHARTER SCHOOLS

301 N STREET SUITE 200
WASHINGTON,DC20002
  PC SUPPORT FOR STEAM EDUCATION PROGRAMS 100,000

CHESAPEAKE BAY OUTWARD BOUND SCHOOL

1900 EAGLE DRIVE
BALTIMORE,MD21207
  PC GENERAL OPERATING SUPPORT OF YOUTH PROGRAMS 10,000

CHILD JUSTICE INC

8720 GEORGIA AVENUE SUITE 703
SILVER SPRING,MD20910
  PC GENERAL OPERATING SUPPORT OF CHILD LEGAL SERVICES 100,000

CHILDRENS NATIONAL HOSPITAL

111 MICHIGAN AVE NW
WASHINGTON,DC20010
  PC CLARK PARENT-CHILD NETWORK 3,331,500

CHILDRENS NATIONAL HOSPITAL

111 MICHIGAN AVE NW
WASHINGTON,DC20010
  PC EARLY CHILDHOOD INNOVATION NETWORK 430,000

CHILDRENS NATIONAL HOSPITAL

111 MICHIGAN AVE NW
WASHINGTON,DC20010
  PC ENDOWED PROFESSORSHIPS 625,000

CHILDRENS NATIONAL HOSPITAL

111 MICHIGAN AVE NW
WASHINGTON,DC20010
  PC PRENATAL CARDIOLOGY PATIENT SUPPORT PROGRAM 218,500

CHILDRENS NATIONAL HOSPITAL

111 MICHIGAN AVE NW
WASHINGTON,DC20010
  PC GENERAL OPERATING SUPPORT FOR PEDIATRIC HEALTH PROGRAMS 20,000

CHRIST CHILD SOCIETY

5101 WISCONSIN AVENUE NW SUITE 102
WASHINGTON,DC20016
  PC SUPPORT FOR THE GIRLS ON THE RISE PROGRAM 250,000

COLLEGE TRACK

5001 SILVER HILL ROAD SUITE 106
SUITLAND,MD20746
  PC FACILITY RENOVATIONS 1,000,000

CONGRESSIONAL CHORUS

1127 5TH ST NW UNIT B
WASHINGTON,DC20001
  PC GENERAL OPERATING SUPPORT OF MUSIC PROGRAMS 10,000

DANA-FARBER INC

450 BROOKLINE AVENUE
BOSTON,MA02215
  PC GENERAL OPERATING SUPPORT OF CANCER RESEARCH PROGRAMS 20,000

DC SCORES

1140 CONNECTICUT AVE NW SUITE 1200
WASHINGTON,DC20036
  PC GENERAL OPERATING SUPPORT OF AFTER-SCHOOL PROGRAMS 540,000

DEMATHA CATHOLIC HIGH SCHOOL

4313 MADISON STREET
HYATTSVILLE,MD20781
  PC STUDENT SCHOLARSHIPS 1,000,000

DIGITAL PIONEERS ACADEMY PUBLIC CHARTER SCHOOL

709 12TH STREET SE
WASHINGTON,DC20003
  PC GENERAL OPERATING SUPPORT OF SCHOOL PROGRAMS 350,000

DISTRICT OF COLUMBIA COLLEGE ACCESS PROGRAM

1425 K STREET NW SUITE 200
WASHINGTON,DC20005
  PC GEORGE MASON UNIVERSITY SCHOLARSHIP PROGRAM 194,334

DISTRICT OF COLUMBIA COLLEGE ACCESS PROGRAM

1425 K STREET NW SUITE 200
WASHINGTON,DC20005
  PC NORTH CAROLINA A&T STATE UNIVERSITY SCHOLARSHIP PROGRAM 134,197

DISTRICT OF COLUMBIA PUBLIC LIBRARY FOUNDATION INC

901 G STREET NW 3RD FLOOR
WASHINGTON,DC20001
  PC SUPPORT FOR YOUTH LEADERSHIP PROGRAM 50,000

DOG TAG INC

3206 GRACE STREET NW
WASHINGTON,DC20007
  PC DOG TAG FELLOWSHIP PROGRAM EXPANSION 900,000

DUKE UNIVERSITY

CAMPUS BOX 90581
DURHAM,NC27708
  PC CLARK SCHOLARS PROGRAM 3,750,000

ELIZABETH SETON HIGH SCHOOL

5715 EMERSON STREET
BLADENSBURG,MD20710
  PC STUDENT SCHOLARSHIPS 1,000,000

ENGINEERING FOR US ALL INC

7761 DIAMONDBACK DR
COLLEGE PARK,MD20742
  PC GENERAL OPERATING SUPPORT OF ENGINEERING PROGRAMS 300,000

EUPHEMIA L HAYNES PUBLIC CHARTER SCHOOL INC

3600 GEORGIA AVENUE NW
WASHINGTON,DC20011
  PC SCHOOL GROWTH SUPPORT 200,000

EVANS SCHOLARS FOUNDATION

2501 PATRIOT BOULEVARD
GLENVIEW,IL60026
  PC STUDENT SCHOLARSHIPS 500,000

FEDERAL CITY COUNCIL

1310 L ST NW SUITE 325
WASHINGTON,DC20005
  PC GENERAL OPERATING SUPPORT FOR CIVIC PROGRAMS 50,000

FLAMBOYAN FOUNDATION INC

1730 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036
  PC SUPPORT OF THE CREATION YOUTH INVEST PARTNERS' IMPACT REPORT 250,000

FLATHEAD WARMING CENTER

889 NORTH MERIDIAN ROAD
KALISPELL,MT59901
  PC GENERAL OPERATING SUPPORT OF PROGRAMS FOR INDIVIDUALS EXPERIENCING HOMELESSNESS 5,000

FOOD & FRIENDS INC

219 RIGGS ROAD NE
WASHINGTON,DC20011
  PC SUPPORT FOR FOOD SECURITY PROGRAMS 75,000

FRESHFARM MARKETS INC

1310 L ST NW SUITE 830
WASHINGTON,DC20005
  PC GENERAL OPERATING AND CAPACITY-BUILDING SUPPORT OF FOOD SECURITY PROGRAMS 300,000

FRIENDS OF EASTON VOLUNTEER FIRE DEPARTMENT INC

315 LEONARD RIECK DRIVE
EASTON,MD21601
  PC SUPPORT THE CONSTRUCTION OF A NEW TRAINING FACILITY FOR FIRST RESPONDERS 500,000

GEORGE MASON UNIVERSITY FOUNDATION INC

2724 MERTEN HALL 4400 UNIVERSITY
DRIVE MS 1A3
FAIRFAX,VA22030
  PC DC CAP SCHOLARS 86,382

GEORGETOWN DAY SCHOOL INC

4200 DAVENPORT STREET NW
WASHINGTON,DC20016
  PC DC PREP SCHOLARSHIPS 274,843

GEORGETOWN UNIVERSITY

2115 WISCONSIN AVE SUITE 601
WASHINGTON,DC20007
  PC TECHNICAL ASSISTANCE FOR THE CENETER FOR CHLD AND HUMAN DEVELOPMENT 335,266

GEORGETOWN UNIVERSITY

2115 WISCONSIN AVE SUITE 601
WASHINGTON,DC20007
  PC GEORGETOWN LOMBARDI YOUNG SCHOLARS PROGRAM 33,333

GEORGETOWN UNIVERSITY

2115 WISCONSIN AVE SUITE 601
WASHINGTON,DC20007
  PC GEORGETOWN PIVOT PROGRAM 750,000

GEORGETOWN UNIVERSITY

2115 WISCONSIN AVE SUITE 601
WASHINGTON,DC20007
  PC SUPPORT OF THE GEORGETOWN UNIVERSITY THRIVE CENTER FOR CHILDREN, FAMILIES, AND COMMUNITIES 5,000,000

GEORGETOWN UNIVERSITY

2115 WISCONSIN AVE SUITE 601
WASHINGTON,DC20007
  PC SUPPORT OF STUDY OF MARKETS & ETHICS PROGRAMMING AND THE ETHICS PROJECT AT THE MCDONOUGH SCHOOL OF BUSINESS 4,000,000

GEORGETOWN UNIVERSITY

3800 RESERVOIR ROAD NW
WASHINGTON,DC20007
  PC EARLY CHILDHOOD INNOVATION NETWORK 600,000

GEORGETOWN UNIVERSITY

3800 RESERVOIR ROAD NW
WASHINGTON,DC20007
  PC CONSTRUCTION OF NEW PAVILION 3,750,000

GEORGIA TECH FOUNDATION INC

760 SPRING STREET NW SUITE 400
ATLANTA,GA30308
  PC CLARK SCHOLARS PROGRAM 3,500,000

GREATER DC DIAPER BANK

8860 MONARD DRIVE
SILVER SPRING,MD20910
  PC GENERAL OPERATING SUPPORT OF BABY AND CAREGIVER PROGRAMS 500,000

GREATER WASHINGTON EDUCATIONAL TELECOMMUNICATIONS ASSOCIATION INC

3939 CAMPBELL AVENUE
ARLINGTON,VA22206
  PC CAPITAL CAMPAIGN SUPPORT 250,000

HEAD STRONG PROJECT INC

4504 162ND STREET SUITE 203
FLUSHING,NY11358
  PC STRATEGIC GROWTH AND CAPACITY-BUILDING SUPPORT 750,000

HIRE HEROES USA

13010 MORRIS ROAD SUITE 175
ALPHARETTA,GA30004
  PC MENTORING AND ONLINE TRAINING PROGRAMS 1,250,000

HUMANIM INC

6355 WOODSIDE CT
COLUMBIA,MD21046
  PC GENERAL OPERATING SUPPORT OF WORKFORCE AND SOCIAL SERVICES 15,000

JOHN F KENNEDY CENTER FOR THE PERFORMING ARTS

2700 F STREET NW
WASHINGTON,DC20566
  PC ENDOW THE VICE PRESIDENT OF EDUCATION AND THE LAWRENCE C. NUSSDORF FUND FOR SOUND HEALTH 10,000,000

JOHNS HOPKINS UNIVERSITY

BRADY DEVELOPMENT OFFICE 600 N
WOLFE STREET CMSC 130
BALTIMORE,MD21287
  PC CLARK SCHOLARS PROGRAM 4,000,000

JOHNS HOPKINS UNIVERSITY

BRADY DEVELOPMENT OFFICE 600 N
WOLFE STREET CMSC 130
BALTIMORE,MD21287
  PC PATRICK C. WALSH DISCOVERY AND LEARNING LABORATORY AT THE BRADY UROLOGICAL INSTITUTE 250,000

JUBILEE JUMPSTART

2525 ONTARIO ROAD NW
WASHINGTON,DC20009
  PC GENERAL OPERATING SUPPORT OF YOUTH PROGRAMS 10,000

JUNIOR TENNIS CHAMPIONS CENTER INC

5200 CAMPUS DR
COLLEGE PARK,MD20740
  PC FACILITY EXPANSION 2,000,000

KINDNESS CLOSET

21 BROOKFIELD RUN
QUEENSBURY,NY12804
  PC GENERAL OPERATING SUPPORT OF FAMILY WELLNESS PROGRAMS 10,000

MAMATOTO VILLAGE INC

4315 SHERIFF ROAD NORTHEAST
WASHINGTON,DC20019
  PC FACILITY RENOVATIONS 150,000

MARYLAND FOOD BANK INC

2200 HALETHORPE FARMS ROAD
BALTIMORE,MD21227
  PC GENERAL OPERATING SUPPORT OF FOOD SECUITY PROGRAMS 5,750,000

MEDSTAR HEALTH INC

10980 GRANTCHESTER WAY
COLUMBIA,MD21044
  PC SAFE BABIES, SAFE MOMS HEALTH INITIATIVE 7,750,000

MEMORIAL SLOAN KETTERING CANCER CENTER

633 3RD AVENUE 5TH FLOOR
NEW YORK,NY10017
  PC SUPPORT FOR GLIOBLASTOMA RESEARCH 7,900,000

MEMORIAL SLOAN KETTERING CANCER CENTER

633 3RD AVENUE 5TH FLOOR
NEW YORK,NY10017
  PC GENERAL OPERATING SUPPORT OF MEDICAL RESEARCH PROGRAMS 107,500

MOCO KIDSCO

3 BETHESDA METRO CENTER SUITE 140
BETHESDA,MD20814
  PC INVENTION SCHOLARS PROGRAM 100,000

MONTGOMERY HOSPICE INC

1355 PICCARD DRIVE SUITE 100
ROCKVILLE,MD20850
  PC GENERAL OPERATING SUPPORT FOR HOSPICE SERVICE PROGRAMS 10,000

MOUNT ST MARY'S UNIVERSITY

16300 OLD EMMITSBURG ROAD
EMMITSBURG,MD21727
  PC THIRD CENTURY SCHOLARS PROGRAM 1,000,000

MYOTONIC DYSTROPHY FOUNDATION

663 THIRTEENTH STREET SUITE 100
OAKLAND,CA94612
  PC GENERAL OPERATING SUPPORT OF MYOTONIC DYSTROPHY SUPPORT PROGRAMS 10,000

NATIONAL COLLEGE ATTAINMENT NETWORK

800 17TH ST NW SUITE 630
WASHINGTON,DC20006
  PC GENERAL OPERATING SUPPORT OF FAFSA COMPLETION PROGRAMS 250,000

NATIONAL LINKS TRUST

331 7TH STREET NE
WASHINGTON,DC20002
  PC FACILITY RENOVATIONS 1,000,000

NATIONAL PARK TRUST INC

401 E JEFFERSON STREET SUITE 207
ROCKVILLE,MD20850
  PC GENERAL OPERATING SUPPORT OF YOUTH PROGRAMMING AT WASHINGTON JESUIT ACADEMY 20,000

NATIONAL PRESBYTERIAN SCHOOL INC

4121 NEBRASKA AVENUE NW
WASHINGTON,DC20016
  PC GENERAL OPERATING AND PLAYGROUND CONSTRUCTION SUPPORT 250,000

NEW FUTURES

609 H STREET NE SUITE 500
WASHINGTON,DC20002
  PC SCALING EDUCATIONAL PROGRAM 170,000

NORTH CAROLINA A&T STATE UNIVERSITY

1601 EAST MARKET STREET
GREENSBORO,NC27411
  PC COLLEGE OF ENGINEERING TRANSFER STUDENT PATHWAYS AND A. JAMES CLARK LEGACY SCHOLARS COMPETITIVE FRESHMAN ENDOWMENT 9,000,000

NORTHERN VIRGINIA CONSERVATION TRUST

4022-A HUMMER ROAD
ANNANDALE,VA22003
  PC GENERAL OPERATING SUPPORT OF CONSERVATION PROGRAMS 10,000

OPERATION HOMEFRONT INC

17319 SAN PEDRO AVENUE SUITE 505
SAN ANTONIO,TX78232
  PC SUPPORT FOR VETERANS TRANSITIONAL HOUSING PROGRAMS 1,500,000

OPERATION OPPORTUNITY FOUNDATION

201 NORTH UNION STREET
ALEXANDRIA,VA22314
  PC CAPACITY-BUILDING SUPPORT OF COLLEGE PREPARATORY PROGRAMS 750,000

PENNSYLVANIA STATE UNIVERSITY

OFFICE OF GIFT PLANNING 212 THE 103
BUILDING
UNIVERSITY PARK,PA16802
  PC CLARK SCHOLARS PROGRAM 4,000,000

PGA TOUR FIRST TEE FOUNDATION INC

13000 SAWGRASS VILLAGE CIRCLE
BUILDING 4
PONTE VEDRA BEACH,FL32082
  PC FIRST TEE COLLEGE SCHOLARSHIP PROGRAM 400,000

PGA TOUR FIRST TEE FOUNDATION INC

13000 SAWGRASS VILLAGE CIRCLE
BUILDING 4
PONTE VEDRA BEACH,FL32082
  PC SUPPORT FOR THE FINCHEM SCHOLARS PROGRAM 1,000,000

PLANNED PETHOOD INTERNATIONAL

11825 US HWY 285
CONIFER,CO80433
  PC GENERAL OPERATING SUPPORT OF ANIMAL WELFARE PROGRAMS 10,000

POOR ROBERTS MISSION

9436 TOBIN CIRCLE
POTOMAC,MD20854
  PC GENERAL OPEARTING SUPPORT OF FOOD SECURITY PROGRAMS 50,000

PROGRAM FOUNDATION

307 HIGHLAND VILLAGE COVE
AUSTIN,TX78738
  PC GENERAL OPERATING SUPPORT MENTAL HEALTH PROGRAMS FOR MEMBERS OF THE MILITARY 10,000

RECLAIM CHILDHOOD INC

45 PROSPECT STREET
CAMBRIDGE,MA02139
  PC GENERAL OPERATING SUPPORT OF REFUGEE SUPPORT PROGRAMS 10,000

ROBERTO CLEMENTE-SANTA ANA HEALTH CLINIC INC

105 W MONUMENT STREET
BALTIMORE,MD21201
  PC GENERAL OPERATING SUPPORT OF HEALTH CARE AND WELLNESS SERVICES 20,000

RONALD MCDONALD HOUSE CHARITIES OF MARYLAND

1 AISQUITH STREET
BALTIMORE,MD21202
  PC GENERAL OPERATING SUPPORT FOR HEALTH AND WELLNESS PROGRAMS FOR CHILDREN 10,000

SAMARITAN INNS INC

2523 14TH STREET NW
WASHINGTON,DC20009
  PC GENERAL OPERATING SUPPORT OF HOUSING, TREATMENT AND RECOVERY SERVICES PROGRAMS 2,500,000

SAN MIGUEL SCHOOL INC

7705 GEORGIA AVENUE NW
WASHINGTON,DC20012
  PC STUDENT SCHOLARSHIPS 500,000

SAVE THE CHILDREN FEDERATION INC

501 KINGS HIGHWAY EAST SUITE 400
FAIRFIELD,CT06825
  PC GENERAL OPERATING SUPPORT OF HEALTH AND WELLNESS PROGRAMS FOR CHILDREN IN UGANDA 10,000

SHRINERS HOSPITALS FOR CHILDREN

2900 NORTH ROCKY POINT DRIVE
TAMPA,FL33607
  PC GENERAL OPERATING SUPPORT OF PEDIATRIC HEALTH PROGRAMS 20,000

SIBLEY MEMORIAL HOSPITAL FOUNDATION

5255 LOUGHBORO ROAD NW
WASHINGTON,DC20016
  PC MATERNAL HEALTH ACCESS PROGRAM 2,552,064

SIBLEY MEMORIAL HOSPITAL FOUNDATION

5255 LOUGHBORO ROAD NW
WASHINGTON,DC20016
  PC EXPAND PEDIATRIC PROTON THERAPY CARE 1,119,372

SIBLEY MEMORIAL HOSPITAL FOUNDATION

5255 LOUGHBORO ROAD NW
WASHINGTON,DC20016
  PC ELEVATE ORTHOPAEDIC PATIENT CARE 99,357

SIBLEY MEMORIAL HOSPITAL FOUNDATION

5255 LOUGHBORO ROAD NW
WASHINGTON,DC20016
  PC SUPPORT FOR A VIRTUAL NURSING PROGRAM 1,872,206

SOCIETY OF ST VINCENT DE PAUL SAINTS PETER AND PAUL CONFERENCE I

29533 CANVASBACK DRIVE
EASTON,MD21601
  PC FACILITY RENOVATIONS 88,000

SPRINGBOARD COLLABORATIVE

1500 JFK BOULEVARD SUITE 1160
PHILADELPHIA,PA19102
  PC GENERAL OPERATING SUPPORT OF EDUCATION PROGRAMS 280,000

ST ANN'S CENTER FOR CHILDREN YOUTH AND FAMILIES

4901 EASTERN AVENUE
HYATTSVILLE,MD20782
  PC GENERAL OPERATING SUPPORT OF EDUCATION PROGRAMS 350,000

ST COLUMBA'S EPISCOPAL CHURCH AND NURSERY SCHOOL

4201 ALBERMARLE STREET NW
WASHINGTON,DC20016
  PC PLAYGROUND CONSTRUCTION 50,000

STATESMEN COLLEGE PREPARATORY ACADEMY FOR BOYS PCS

4600 LIVINGSTON ROAD SE
WASHINGTON,DC20032
  PC GENERAL OPERATING AND CAPACITY-BUILDING SUPPORT 100,000

SUBURBAN HOSPITAL FOUNDATION INC

8600 OLD GEORGETOWN ROAD
BETHESDA,MD20814
  PC CAPITAL CAMPAIGN 2,000,000

SUBURBAN HOSPITAL FOUNDATION INC

8600 OLD GEORGETOWN ROAD
BETHESDA,MD20814
  PC GENERAL OPERATING SUPPORT FOR A VIRTUAL NURSING PROGRAM 1,745,000

SUBURBAN HOSPITAL FOUNDATION INC

8600 OLD GEORGETOWN ROAD
BETHESDA,MD20814
  PC GENERAL OPERATING SUPPORT FOR NURSING EDUCATION PROGRAMS 20,000

TASK FORCE CHANGE INC

6625 LYBROOK CT
BETHESDA,MD20817
  PC GENERAL OPERATING SUPPORT OF COMMUNITY FITNESS PROGRAMS 20,000

TEAM RUBICON INC

5230 PACIFIC CONCOURSE DRIVE SUITE
200
LOS ANGELES,CA90045
  PC SUPPORT CAPACITY BUILDING AND STRATEGIC GROWTH OF THE TRADES ACADEMY 1,355,833

THE ARC SOUTHERN MARYLAND

355 WEST DARES BEACH ROAD PO BOX
1860
PRINCE FREDERCK,MD20678
  PC GENERAL OPERATING SUPPORT OF PROGRAMS FOR INDIVIDUALS WITH INTELLECTUAL AND PHYSICAL DISABILITIES 10,000

THE ASSISTANCE FUND

8427 SOUTHPARK CIRCLE SUITE 100
ORLANDO,FL32819
  PC GENERAL OPERATING SUPPORT OF MEDICAL DEBT SUPPORT PROGRAMS 20,000

THE COMMIT FOUNDATION

280 WEST KAGY BOULEVARD SUITE D313
BOZEMAN,MT80401
  PC SUPPORT OF VETERANS TRANSITION PROGRAMS 1,750,000

THE FIRST TEE OF GREATER WASHINGTON

2020 PENNSYLVANIA AVENUE NW SUITE
106
WASHINGTON,DC20006
  PC FACILITY RENOVATIONS AND EXPANSION 500,000

THE FIRST TEE OF GREATER WASHINGTON

2020 PENNSYLVANIA AVENUE NW SUITE
106
WASHINGTON,DC20006
  PC GENERAL OPERATING SUPPORT OF YOUTH PROGRAMS 500,000

THE MISSION CONTINUES

1141 SOUTH 7TH STREET
ST LOUIS,MO63104
  PC CAPACITY BUILDING SUPPORT FOR VETERANS PROGRAM 1,390,000

THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY

ONE CASTLE POINT ON THE HUDSON
HOBOKEN,NJ07030
  PC CLARK SCHOLARS PROGRAM 1,620,000

THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY

ONE CASTLE POINT ON THE HUDSON
HOBOKEN,NJ07030
  PC SUMMER PROGRAM SERVING DC PUBLIC SCHOOL STUDENTS 166,500

THE WASHINGTON SCHOOL FOR GIRLS

1901 MISSISSIPPI AVENUE SE
WASHINGTON,DC20020
  PC STUDENT SCHOLARSHIPS AND NEW FACILITY CONSTRUCTION 1,750,000

THIRD OPTION FOUNDATION

12007 SUNRISE VALLEY DRIVE SUITE
105
RESTON,VA20191
  PC SUPPORT OF VETERANS PROGRAMS 1,000,000

TRAVIS MANION FOUNDATION

140 E STATE STREET
DOYLESTOWN,PA18901
  PC CAPACITY BUILDING SUPPORT FOR VETERANS PROGRAM 1,000,000

TRUSTEES OF BOSTON COLLEGE

140 COMMONWEALTH AVE
CHESTNUT HILL,MA02467
  PC CARROLL SCHOOL OF MANAGEMENT SCHOLARSHIP PROGRAM 10,000,000

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

3451 WALNUT STREET SUITE 305
PHILADELPHIA,PA19104
  PC CLARK SCHOLARS PROGRAM 2,500,000

UNITED STATES SOCCER FOUNDATION INC

1140 CONNECTICUT AVENUE NW SUITE
1200
WASHINGTON,DC20036
  PC DC MINI-PITCH INITIATIVE 500,000

UNITED WAY INDIAN RIVER COUNTY INC

1836 14TH AVENUE
VERO BEACH,FL32960
  PC GENERAL OPERATING SUPPORT OF SOCIAL SERVICES PROGRAMS 25,000

UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC

1101 MAIN ADMINISTRATION BUILDING
COLLEGE PARK,MD20742
  PC CLARK DISTINGUISHED CHAIRS 7,000,000

UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC

1101 MAIN ADMINISTRATION BUILDING
COLLEGE PARK,MD20742
  PC MARYLAND PROMISE PROGRAM 4,265,090

UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC

1101 MAIN ADMINISTRATION BUILDING
COLLEGE PARK,MD20742
  PC NEW ENGINEERING FACILITIES 23,000,000

UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC

1101 MAIN ADMINISTRATION BUILDING
COLLEGE PARK,MD20742
  PC CLARK SCHOLARS PROGRAM NETWORK 3,021,127

UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC

1101 MAIN ADMINISTRATION BUILDING
COLLEGE PARK,MD20742
  PC CLARK SCHOLARS PROGRAM 310,000

UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC

1101 MAIN ADMINISTRATION BUILDING
COLLEGE PARK,MD20742
  PC A. JAMES CLARK SCHOLARSHIP ENDOWMENT 1,000,000

URBAN INSTITUTE

500 LENFANT PLAZA SW
WASHINGTON,DC20024
  PC GENERAL OPERATING SUPPORT FOR THE DC EDUCATION RESEARCH COLLABORATIVE 200,000

VANDERBILT UNIVERSITY

VU STATION B 357727 2301 VANDERBILT
PLACE
NASHVILLE,TN37235
  PC CLARK SCHOLARS PROGRAM 3,000,000

VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUCATION

300 ARBORETUM PLACE SUITE 390
RICHMOND,VA23236
  PC A. JAMES CLARK TRANSFER PIPELINE PROGRAM 750,000

VIRGINIA TECH FOUNDATION INC

902 PRICES FORK ROAD SUITE 4500
BLACKSBURG,VA24061
  PC CLARK SCHOLARS PROGRAM 1,700,000

WASHINGTON JESUIT ACADEMY

900 VARNUM STREET NE
WASHINGTON,DC20017
  PC CAPITAL CAMPAIGN SUPPORT 1,242,727

WASHINGTON NATIONALS PHILANTHROPIES

1500 S CAPITOL STREET SE
WASHINGTON,DC20003
  PC GENERAL OPERATING AND YOUTH PROGRAMMING SUPPORT 2,200,000

WASHINGTON TENNIS & EDUCATION FOUNDATION INC

5220 16TH STREET NW
WASHINGTON,DC20011
  PC GENERAL OPERATING SUPPORT FOR AFTER-SCHOOL PROGRAMS 15,000

WE CAN RIDE INC

PO BOX 463
MAPLE PLAIN,MN55359
  PC GENERAL OPERATING SUPPORT OF MENTAL AND PHYSICAL HEALTH PROGRAMS 10,000

WOLF TRAP FOUNDATION FOR THE PERFORMING ARTS

1645 TRAP ROAD
VIENNA,VA22182
  PC EARLY LEARNING THROUGH THE ARTS PROGRAM 50,000

WOMEN GIVING BACK INC

20 EXPORT DRIVE
STERLING,VA20164
  PC FACILITY RENOVATIONS 500,000

WORLD CENTRAL KITCHEN INCORPORATED

655 NEW YORK AVE NW 6TH FLOOR
WASHINGTON,DC20001
  PC GENERAL OPERATING SUPPORT OF FOOD SECURITY PROGRAMS 10,000
Total .................................right arrow 3a 187,000,631
bApproved for future payment

ARCHBISHOP CARROLL HIGH SCHOOL
4300 HAREWOOD ROAD NE
WASHINGTON,DC20017
  PC STUDENT SCHOLARSHIPS 500,000

CHILDRENS NATIONAL HOSPITAL
111 MICHIGAN AVE NW
WASHINGTON,DC20010
  PC PRENATAL CARDIOLOGY PATIENT SUPPORT PROGRAM 109,250

CHRIST CHILD SOCIETY
5101 WISCONSIN AVENUE NW SUITE 102
WASHINGTON,DC20016
  PC SUPPORT FOR THE GIRLS ON THE RISE PROGRAM 250,000

GREATER DC DIAPER BANK
8860 MONARD DRIVE
SILVER SPRING,MD20910
  PC GENERAL OPERATING SUPPORT OF BABY AND CAREGIVER PROGRAMS 150,000

HEAD STRONG PROJECT INC
4504 162ND STREET SUITE 203
FLUSHING,NY11358
  PC STRATEGIC GROWTH AND CAPACITY-BUILDING SUPPORT 748,000

HIRE HEROES USA
13010 MORRIS ROAD SUITE 175
ALPHARETTA,GA30004
  PC MENTORING AND ONLINE TRAINING PROGRAMS 750,000

MEDSTAR HEALTH INC
10980 GRANTCHESTER WAY
COLUMBIA,MD21044
  PC SAFE BABIES, SAFE MOMS HEALTH INITIATIVE 3,750,000

MEMORIAL SLOAN KETTERING CANCER CENTER
633 3RD AVENUE 5TH FLOOR
NEW YORK,NY10017
  PC SUPPORT FOR GLIOBLASTOMA RESEARCH 4,200,000

PGA TOUR FIRST TEE FOUNDATION INC
13000 SAWGRASS VILLAGE CIRCLE
BUILDING 4
PONTE VEDRA BEACH,FL32082
  PC SUPPORT FOR THE FINCHEM SCHOLARS PROGRAM 1,000,000

SIBLEY MEMORIAL HOSPITAL FOUNDATION
5255 LOUGHBORO ROAD NW
WASHINGTON,DC20016
  PC SUPPORT FOR A VIRTUAL NURSING PROGRAM 1,872,207

THE WASHINGTON SCHOOL FOR GIRLS
1901 MISSISSIPPI AVENUE SE
WASHINGTON,DC20020
  PC STUDENT SCHOLARSHIPS AND NEW FACILITY CONSTRUCTION 1,750,000

THIRD OPTION FOUNDATION
12007 SUNRISE VALLEY DRIVE SUITE
105
RESTON,VA20191
  PC SUPPORT OF VETERANS PROGRAMS 750,000

TRAVIS MANION FOUNDATION
140 E STATE STREET
DOYLESTOWN,PA18901
  PC CAPACITY BUILDING SUPPORT FOR VETERANS PROGRAM 997,000

UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC
1101 MAIN ADMINISTRATION BUILDING
COLLEGE PARK,MD20742
  PC CLARK SCHOLARS PROGRAM 400,000

VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUCATION
300 ARBORETUM PLACE SUITE 390
RICHMOND,VA23236
  PC A. JAMES CLARK TRANSFER PIPELINE PROGRAM 250,000
Total ................................. right arrow 3b 17,476,457
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 18,317,506  
4 Dividends and interest from securities ....     14 854,592  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
    18 -12,588,380  
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 6,583,718 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,583,718
(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.
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 Right Arrow
Firm's EIN Right Arrow
Firm's address Right Arrow


Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
CLARK CHARITABLE FOUNDATION INC
DBA A JAMES & ALICE B CLARK FOUNDATION
Employer identification number

52-1512330
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
CLARK CHARITABLE FOUNDATION INC
DBA A JAMES & ALICE B CLARK FOUNDATION
Employer identification number
52-1512330
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
ALICE B CLARK REVOCABLE TRUST
 
PO BOX 70653
 
CHEVY CHASE, MD20813

$ 141,419,976


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
CLARK CHARITABLE FOUNDATION INC
DBA A JAMES & ALICE B CLARK FOUNDATION
Employer identification number

52-1512330
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
CLARK CHARITABLE FOUNDATION INC
DBA A JAMES & ALICE B CLARK FOUNDATION
Employer identification number

52-1512330
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FINANCIAL SERVICES 106,453 0   106,453

TY 2024 GeneralExplanationAttachment
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
Identifier Return Reference Explanation
  FORM 990-PF PART XIV LINE 3A GRANTS ARE NEITHER MADE TO INDIVIDUALS NOR TO ORGANIZATIONS WHICH AREN'T NON-PROFIT AND TAX-EXEMPT. GRANTS ARE MADE ONLY T0 U.S. QUALIFIED PUBLIC CHARITIES.

TY 2024 InvestmentsCorpBondsSchedule
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
Name of Bond End of Year Book Value End of Year Fair Market Value
TOYOTA MTR CR CORP - 89236TKN4 MEDIUM TERM NOTE 4.800 01/10/2025 1,732,361 1,740,035
NORTHROP GRUMMAN CORP - 666807BM3 2.930 01/15/2025 1,733,742 1,763,570
ORACLE CORPORATION - 68389XBT1 2.500 04/01/2025 1,736,198 1,774,718
CATERPILLAR FINL SVCS MTNS - 14913R2Y2 MEDIUM TERM NOTE 4.900 01/17/2025 1,734,536 1,740,104
CARRIER GLOBAL CORPORATION - 14448CAN4 2.242 02/15/2025 1,735,126 1,772,880
WELLS FARGO COMPANY - 94974BGH7 MEDIUM TERM NOTE 3.000 02/19/2025 1,734,936 1,765,079
EBAY INC - 278642AV5 1.900 03/11/2025 1,731,932 1,774,379
PEPSICO INC - 713448EQ7 2.250 03/19/2025 1,734,307 1,771,438
BERKSHIRE HATHAWAY ENERGY CO - 084659AT8 4.050 04/15/2025 1,736,368 1,746,990
AIR PRODUCTS CHEMICALS - 009158BB1 1.500 10/15/2025 1,749,184 1,767,103
GOLDMAN SACHS GROUP INC - 38141GXD1 05/15/2026 1,725,413 1,726,811
ROYAL BK CDA - 78016EYR2 MEDIUM TERM NOTE 2,246,760 2,250,248
PIMCO INCOME FUND INSTITUTIONAL 2,305,147 2,075,120
ISHARES S&P 500 INDEX FUND CLASS G (BSPGX) 6,876,829 13,674,491
TARGET CORP - 87612EBL9 2.250 04/15/2025 1,733,643 1,761,847
BLACKROCK ADVANTAGE COREALPHA BOND FUND CLASS I 6,550,027 6,060,822

TY 2024 InvestmentsCorpStockSchedule
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
Name of Stock End of Year Book Value End of Year Fair Market Value
INTERNATIONAL GAME TECHNOLOGY PLC CMN (IGT) 23,915 23,258
TEMPUR SEALY INTERNATIONAL INC CMN (TPX) 4,188 12,982
TELEDYNE TECHNOLOGIES INCORPOR CMN (TDY) 6,259 9,747
STANDARD BIOTOOLS INC CMN (LAB) 6,577 2,170
SEMTECH CORPORATION CMN (SMTC) 2,701 10,453
RIBBON COMMUNICATIONS INC CMN (RBBN) 12,370 14,756
RESIDEO TECHNOLOGIES INC. CMN (REZI) 15,337 22,543
RAMBUS INC CMN (RMBS) 2,917 16,281
QUIDELORTHO CORPORATION CMN (QDEL) 1,643 1,827
PORTLAND GENERAL ELECTRIC CO CMN (POR) 12,779 13,589
PATTERSON-UTI ENERGY, INC. CMN REG OFFER 23054738 6,464 3,882
PATTERSON COMPANIES INC CMN (PDCO) 9,620 11,665
OSI SYSTEMS, INC. CMN (OSIS) 6,788 14,232
ORMAT TECHNOLOGIES, INC. CMN (ORA) 26,148 24,989
ORASURE TECHNOLOGIES, INC. CMN (OSUR) 8,492 3,487
OPENLANE INC CMN (KAR) 14,896 18,689
ONESPAN, INC. CMN (OSPN) 5,696 7,101
ODP CORP/THE CMN (ODP) 7,578 5,026
NORTHWESTERN CORPORATION CMN (NWE) 12,599 13,579
NLIGHT, INC. CMN (LASR) 3,998 3,493
NEW JERSEY RESOURCES CORPORATI CMN (NJR) 12,515 13,895
MOLINA HEALTHCARE, INC. CMN (MOH) 3,030 11,351
MERCURY SYSTEMS INC CMN (MRCY) 10,038 11,424
MACOM TECHNOLOGY SOLUTIONS CMN (MTSI) 3,173 20,656
KYNDRYL HOLDINGS INC CMN (KD) 19,436 43,492
KBR, INC. CMN (KBR) 12,926 28,053
ITRON, INC. CMN (ITRI) 4,637 9,555
IPG PHOTONICS CORPORATION CMN (IPGP) 8,978 7,926
TETRA TECHNOLOGIES INC (DEL) CMN (TTI) 9,044 8,438
RADWARE LTD. CMN (RDWR) 6,868 6,534
TEXAS CAPITAL BANCSHARES, INC. CMN (TCBI) 11,877 18,533
TWIN DISC INCORPORATED CMN (TWIN) 2,852 1,481
INNOVIZ TECHNOLOGIES LTD. CMN (INVZ) 4,740 2,263
CRITEO SPONSORED ADR CMN (CRTO) 16,252 35,440
COGNYTE SOFTWARE LTD CMN (CGNT) 14,302 11,228
AERCAP HOLDINGS NV ORD CMN (AER) 11,467 29,571
ZIMVIE INC. CMN (ZIMV) 2,214 3,850
XPERI INC. CMN (XPER) 11,837 6,973
WOLFSPEED, INC. CMN (WOLF) 13,319 4,336
WHIRLPOOL CORP. CMN (WHR) 7,264 8,243
VISTRA CORP CMN (VST) 2,283 17,647
VIAVI SOLUTIONS, INC. CMN (VIAV) 6,537 6,959
STRATASYS LTD CMN (SSYS) 16,659 9,059
TECHNIPFMC PLC CMN (FTI) 6,414 20,345
WIX.COM LTD CMN (WIX) 5,227 16,520
FIDELITY LARGE CAP VALUE INDEX FUND (FLCOX) 315,324 451,826
ISHARES RUSSELL 2000 ETF (IWM) 477,821 698,234
ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS G 2,524,893 2,698,751
VIASAT, INC CMN (VSAT) 28,591 10,961
VERINT SYSTEMS INC. CMN (VRNT) 9,053 8,866
VEECO INSTRUMENTS INC CMN (VECO) 15,666 22,646
GQG PARTNERS EMERGING MARKETS EQUITY FUND 674,767 805,498
INTEGRA LIFESCIENCES HOLDING CORPORATION (IART) 7,569 4,513
VARONIS SYSTEMS, INC. CMN (VRNS) 2,215 4,976
VAREX IMAGING CORPORATION CMN (VREX) 6,251 4,727
UNITED PARKS & RESORTS INC CMN (PRKS) 3,497 7,698
UNISYS CORPORATION CMN (UIS) 13,836 7,995
UNDER ARMOUR, INC. CMN CLASS C (UA) 7,017 7,169
UIPATH, INC. CMN CLASS A (PATH) 7,867 8,058
TREEHOUSE FOODS, INC. CMN (THS) 13,873 11,101
INNOVEX INTERNATIONAL INC CMN (INVX) 6,544 2,654
CYTOSORBENTS CORPORATION CMN (CTSO) 2,394 291
HUNTINGTON BANCSHARES INCORPOR CMN (HBAN) 13,972 18,741
BLOOM ENERGY CORP CMN CLASS A (BE) 4,504 9,395
BANC OF CALIFORNIA INC CMN (BANC) 10,262 10,830
BABCOCK & WILCOX ENTERPRISES, CMN (BW) 10,623 2,496
AVERY DENNISON CORPORATION CMN (AVY) 15,121 21,520
AVANOS MEDICAL INC CMN (AVNS) 7,311 4,155
ATRICURE, INC CMN (ATRC) 6,590 7,029
ATMOS ENERGY CORPORATION CMN (ATO) 12,552 15,598
ARCOSA INC CMN (ACA) 10,059 14,898
AMNEAL NEWCO INC. CMN (AMRX) 7,635 6,875
INDIE SEMICONDUCTOR INC CMN (INDI) 6,992 5,605
ALIGHT INC CMN (ALIT) 9,734 8,380
ADEIA INC. CMN (ADEA) 7,345 11,282
ACCURAY INCORPORATED CMN (ARAY) 6,256 2,760
ACADIA HEALTHCARE COMPANY INC CMN (ACHC) 15,046 13,838
BOX, INC. CMN CLASS A (BOX) 4,543 7,426
BREAD FINANCIAL HOLDINGS INC CMN (BFH) 6,126 7,388
ALLETE, INC. CMN (ALE) 9,645 11,275
CANNAE HOLDINGS, INC. CMN (CNNE) 3,213 3,197
CALERES, INC CMN (CAL) 4,575 4,600
HELIOS TECHNOLOGIES INC. CMN (HLIO) 5,132 5,223
HARMONIC INC. CMN (HLIT) 1,621 1,918
HAIN CELESTIAL GROUP, INC. (TH CMN (HAIN) 11,763 4,459
HAEMONETICS CORPORATION CMN (HAE) 12,199 14,601
ENVIRI CORP CMN (NVRI) 16,114 10,010
DEVON ENERGY CORPORATION (NEW) CMN (DVN) 11,261 12,503
GS GQG PARTNERS INTERNATIONAL OPPORTUNITIES FU 955,137 1,248,693
DWS RREEF GLOBAL INFRASTRUCTURE FUND I SHARES 314,570 316,444
CONDUENT INCORPORATED CMN (CNDT) 17,586 13,187
CEVA, INC. CMN (CEVA) 5,909 6,152
CIENA CORPORATION CMN (CIEN) 13,513 37,656
CLEAN HARBORS INC CMN (CLH) 2,199 9,896
CHARLES RIVER LABORATORIES INT CMN (CRL) 6,643 9,415
CNX RESOURCES CORP CMN (CNX) 6,295 16,355
COHERENT CORP CMN (COHR) 2,622 7,863
CLEVELAND-CLIFFS INC. CMN (CLF) 11,855 9,353
CONMED CORPORATION CMN (CNMD) 5,185 5,348

TY 2024 InvestmentsGovtObligationsSch
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
US Government Securities - End of Year Book Value:

128,909,099
US Government Securities - End of Year Fair Market Value:

129,178,019
State & Local Government Securities - End of Year Book Value:


11,974,232
State & Local Government Securities - End of Year Fair Market Value:


12,071,083


TY 2024 InvestmentsOtherSchedule2
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
WHALE ROCK LONG OPPORTUNITIES - 95MSC6553 FUND LP DESIGNATED INVESTMENT AT COST 1,283,420 757,891
STARWOOD REAL ESTATE INCOME - 96MSCZKM3 TRUST, INC - CLASS I AT COST 9,652 7,699
LUXOR CAPITAL PARTNERS OFFSHORE LIQUIDATING SPV, LTD AT COST 15,719 9,079
HUDSON BAY INTERNATIONAL FUND LTD. - 96MSCR5X4 AT COST 22,802,501 28,040,774
CF STARK SELECT ASSET FUND LLC - 95MSC65N4 CLASS A AT COST 5,078 1,877
CERBERUS PARTNERS, L.P. - 95MSC6561 AT COST 189,048 293,926
LUXOR CAPITAL PARTNERS LIQUIDATING SPV, LTD AT COST 32,703 22,824

TY 2024 LegalFeesSchedule
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 69,059 0   69,059


TY 2024 OtherAssetsSchedule
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PROGRAM-RELATED LOAN TO WORKSHOPS FOR WARRIORS   15,000,000 15,000,000


TY 2024 OtherExpensesSchedule
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS EXPENSES 14,505 0   14,505
OFFICE EXPENSE 3,021 0   3,021
PR/MARKETING & COMMUNICATIONS 913,120 0   913,120
PASSTHROUGH INVESTMENT EXPENSES 0 15,477   0
PROFESSIONAL DEVELOPMENT 18,896 0   18,896
DUES & SUBSCRIPTIONS 84,495 0   84,495


TY 2024 OtherProfessionalFeesSchedule
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 218,722 0   218,722
INVESTMENT MANAGEMENT FEES 693,354 693,354   0


TY 2024 TaxesSchedule
Name:
CLARK CHARITABLE FOUNDATION INC
 
DBA A JAMES & ALICE B CLARK FOUNDATION
EIN:
52-1512330
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAX DEPOSITS 306,166 0   0