CLARK FOUNDATION INC: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CLARK FOUNDATION INC (EIN 56-2223653)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-05-13
- IRS object ID
- 201641349349100344
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-13T09:09:45-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 561607467 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENDRIX BARNEY & CO CPA'S PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1015 HUTTON LANE SUITE 103 | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27262 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562223653 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CLARK FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLAR | BusinessNameControlTxt |
| Phone | 3368487684 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 716 FLORHAM DRIVE | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27262 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK CLARK | PersonNm |
| Person Title | V PRESIDENT | PersonTitleTxt |
| Phone | 3368829780 | PhoneNum |
| Signature | 2016-04-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JACK G HENDRIX CPA | PreparerPersonNm |
| PTIN | P00267398 | PTIN |
| Phone | 3368872272 | PhoneNum |
| Preparation | 2016-04-28 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,181,176 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $24,645 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $24,645 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $52,507 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $200,208 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $52,507 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $77,152 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $77,152 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $7,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $7,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,050 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,050 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $1,104 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $7,879 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,879 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $18,583 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $9,429 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,050 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $63,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $63,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $81,583 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $9,429 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $71,050 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,431 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $67,723 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $20,003 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $181,741 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,783 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,783 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $946,038 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,139,568 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,177,393 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $1,147,782 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,143,351 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,181,176 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $1,147,782 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,143,351 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,147,782 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,143,351 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,147,782 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,143,351 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,147,782 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,431 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,143,351 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,143,351 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (58 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|---|
| 76.053 BOND FUND OF AMERICA CL A | P | 2015-05-07 | $975 | $987 | -$12 | -$12 | |
| 187.46 T ROWE PRICE SHORT TERM BOND | P | 2015-11-02 | $889 | $902 | -$13 | -$13 | |
| 14.203 HARTFORD GROWTH OPPORTUNITIES | P | 2015-11-02 | $602 | $536 | $66 | $66 | 2013-07-08 |
| 768.473 FRANKLIN TOTAL RETURN | P | 2015-09-21 | $7,600 | $7,586 | $14 | $14 | |
| 46.865 CAPITAL WORLD GRW & INC FD A | P | 2015-05-07 | $2,250 | $2,082 | $168 | $168 | |
| 129.626 FUNDAMENTAL INVESTORS FD A | P | 2015-05-07 | $6,900 | $5,589 | $1,311 | $1,311 | |
| 66.598 SCOUT INTERNATIONAL | P | 2015-05-07 | $2,323 | $2,293 | $30 | $30 | 2015-04-02 |
| 18.881 FUNDAMENTAL INVESTORS | P | 2015-05-07 | $1,004 | $787 | $217 | $217 | 2000-01-30 |
| 66.169 CAPITAL INC BUILDER FD A | P | 2015-05-07 | $4,013 | $4,066 | -$53 | -$53 | |
| 115.333 GROWTH FUND OF AMERICA CL A | P | 2015-05-07 | $5,175 | $4,164 | $1,011 | $1,011 | |
| 24.476 PRUDENTIAL TOTAL RETURN BOND | P | 2015-11-02 | $347 | $347 | 2015-09-21 | ||
| 137.248 JP MORGAN CORE BOND | P | 2015-05-07 | $1,611 | $1,573 | $38 | $38 | 2009-06-24 |
| 281.593 INCOME FUND OF AMERICA FD A | P | 2015-05-07 | $6,150 | $5,269 | $881 | $881 | |
| 196.461 AMERICAN HIGH INC TR CL A | P | 2015-05-07 | $2,138 | $2,156 | -$18 | -$18 | 2010-09-14 |
| 2595.194 MANNING & NAPIER WORLD OP | P | 2015-04-02 | $19,594 | $19,565 | $29 | $29 | |
| 211.313 VIRTUS EMERGING MARKETS OPP | P | 2015-05-07 | $2,130 | $1,826 | $304 | $304 | 2009-06-24 |
| 124.355 INTER BOND FD OF AMERICA CL | P | 2015-05-07 | $1,688 | $1,688 | |||
| 18.004 T ROWE PRICE BLUE CHIP GR | P | 2015-05-07 | $1,282 | $829 | $453 | $453 | 2010-11-15 |
| 2331.245 MANNING & NAPIER WORLD OPP | P | 2015-04-02 | $17,601 | $17,575 | $26 | $26 | |
| 24.693 BLACKROCK EQUITY DIVIDEND | P | 2015-11-02 | $618 | $466 | $152 | $152 | 2009-06-24 |
| 51.877 NEW WORLD FD CL A | P | 2015-05-07 | $2,888 | $2,052 | $836 | $836 | |
| 14.862 HARBOR CAPITAL APPRECIATION | P | 2015-11-02 | $978 | $730 | $248 | $248 | 2012-04-10 |
| 384.328 MANNING & NAPIER EQUITY | P | 2015-04-02 | $6,595 | $6,562 | $33 | $33 | |
| 53.948 PERKINS MID CAP VALUE | P | 2015-05-07 | $1,081 | $1,091 | -$10 | -$10 | 2009-07-06 |
| 41.561 BLACKROCK EQUITY DIV | P | 2015-05-07 | $1,033 | $782 | $251 | $251 | 2009-06-24 |
| 20.701 MFS MASSACHUSETTS INV TR | P | 2015-11-02 | $598 | $483 | $115 | $115 | 2012-04-10 |
| 319.426 MANNING & NAPIER EQUITY | P | 2015-04-02 | $5,481 | $5,454 | $27 | $27 | |
| 452.315 T ROWE PRICE SHORT TR BD | P | 2015-05-07 | $2,153 | $2,161 | -$8 | -$8 | 2011-05-12 |
| 36.957 INVESCO GROWTH & INC | P | 2015-05-07 | $993 | $761 | $232 | $232 | 2009-06-24 |
| 16.035 HARTFORD GROWTH OPPORTUNITIES | P | 2015-05-07 | $662 | $605 | $57 | $57 | 2013-07-08 |
| 105.863 CAPITAL WORLD BOND | P | 2015-05-07 | $2,072 | $2,088 | -$16 | -$16 | |
| 10.519 HARBOR CAPITAL APPRECIATION | P | 2015-05-07 | $657 | $516 | $141 | $141 | 2012-04-10 |
| 61.431 OPPENHEIMER INTL GROWTH | P | 2015-05-07 | $2,334 | $1,743 | $591 | $591 | 2009-06-24 |
| 84.816 AMERICAN INTL GRW & INC FD A | P | 2015-05-07 | $2,813 | $2,813 | 2014-11-06 | ||
| 118.418 FRANKLIN TOTAL RETURN | P | 2015-05-07 | $1,195 | $1,169 | $26 | $26 | |
| 23.221 JP MORGAN VAL ADV INSTL | P | 2015-05-07 | $704 | $703 | $1 | $1 | 2015-04-02 |
| 72.804 JP MORGAN CORE BOND | P | 2015-11-02 | $850 | $835 | $15 | $15 | 2009-06-24 |
| 10.428 CAPITAL WORLD BOND | P | 2015-11-02 | $200 | $208 | -$8 | -$8 | |
| 154.198 LORD ABBETT TOTAL RETURN | P | 2015-05-07 | $1,624 | $1,625 | -$1 | -$1 | |
| 19.914 FRANKLIN MUT GLBL DSCV FD CL | P | 2015-05-07 | $696 | $591 | $105 | $105 | |
| 7.837 PERKINS MID CAP VALUE | P | 2015-11-02 | $156 | $161 | -$5 | -$5 | 2009-07-06 |
| 56.915 LORD ABBETT TOTAL RETURN | P | 2015-11-02 | $589 | $600 | -$11 | -$11 | |
| 35.155 MFS MASSACHUSETTS INV TR | P | 2015-05-07 | $1,008 | $819 | $189 | $189 | |
| 44.899 FRANKLIN MUTUAL SH CL Z | P | 2015-05-07 | $1,375 | $1,004 | $371 | $371 | |
| 14.811 HARBOR INTERNATIONAL | P | 2015-05-07 | $1,061 | $918 | $143 | $143 | 2010-01-15 |
| 202.65 MFS VALUE | P | 2015-11-02 | $7,214 | $6,034 | $1,180 | $1,180 | |
| 60.461 MFS VALUE | P | 2015-05-07 | $2,145 | $1,798 | $347 | $347 | |
| 31.151 DEUTSCHE SMALL CAP VAL INST | P | 2015-05-07 | $837 | $844 | -$7 | -$7 | 2009-06-24 |
| 28.146 T ROWE PRICE BLUE CHIP GR | P | 2015-11-02 | $2,130 | $1,297 | $833 | $833 | 2010-01-15 |
| 12.483 FUNDAMENTAL INVESTORS | P | 2015-11-02 | $672 | $521 | $151 | $151 | 2000-01-30 |
| 8.516 T ROWE PRICE MID CAP GROWTH | P | 2015-05-07 | $684 | $519 | $165 | $165 | |
| 481.476 EATON VANCE INC FD BOSTON | P | 2015-05-07 | $2,860 | $2,731 | $129 | $129 | 2009-06-24 |
| 6.157 T ROWE PRICE MID CAP GROWTH | P | 2015-11-02 | $505 | $375 | $130 | $130 | 2010-01-15 |
| 72.489 EATON VANCE IND FD BOSTON | P | 2015-11-02 | $411 | $411 | 2009-06-24 | ||
| 163.299 TEMPLETON BOND FD | P | 2015-05-07 | $2,020 | $2,038 | -$18 | -$18 | |
| 127.538 CAPITAL WORLD BOND FD CL A | P | 2015-05-07 | $2,513 | $2,535 | -$22 | -$22 | 2010-09-14 |
| 60.544 VOYA SMALL COMPANY FD | P | 2015-05-07 | $1,093 | $984 | $109 | $109 | 2011-01-14 |
| 1099.6 FRANKLIN TOTAL RETURN | P | 2015-09-21 | $10,875 | $10,854 | $21 | $21 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $52,507 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $31 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $62,096 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,288,397 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.048196 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $51,767 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,263,999 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.040955 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $38,200 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,169,921 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.032652 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $50,603 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,167,894 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.043328 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $50,487 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,117,109 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.045194 | DistributionYr5Rt |
| Total Distribution | 0.210325 | TotalDistributionRt |
| Average Distribution | 0.042065 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,233,542 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $51,889 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $677 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $52,566 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $71,050 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $677 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $677 | SubtotalAmt |
| Tax Based On Investment Income | $677 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $323 | OverpaymentAmt |
| Applied To ES Tax | $323 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | NOT APPLICABLE | WebsiteAddressTxt |
| Individual With Books | SUSAN CLARK | IndividualWithBooksNm |
| Phone | 3368487684 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 716 FLORHAM DRIVE | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27262 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| KEITH CLARK | ||||||||
| 213 WESTRIDGE DRIVE | HIGH POINT | NC | 27262 | PRESIDENT | 1.00 | $1,500 | $0 | $0 |
| MARK CLARK | ||||||||
| 716 FLORHAM DRIVE | HIGH POINT | NC | 27262 | V PRESIDENT | 1.00 | $1,500 | $0 | $0 |
| SUSAN CLARK | ||||||||
| 716 FLORHAM DRIVE | HIGH POINT | NC | 27262 | SEC/TRES | 1.00 | $1,500 | $0 | $0 |
| MATTHEW CLARK | ||||||||
| 716 FLORHAM DRIVE | HIGH POINT | NC | 27262 | DIRECTOR | 1.00 | $1,500 | $0 | $0 |
| KATHERINE CLARK | ||||||||
| 716 FLORHAM DRIVE | HIGH POINT | NC | 27262 | DIRECTOR | 1.00 | $1,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,199,327 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $53,000 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,252,327 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,252,327 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $18,785 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,233,542 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $61,677 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $61,677 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $677 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $677 | TotalTaxAmt |
| Distributable Before Adj | $61,000 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $61,000 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $61,000 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $71,050 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $71,050 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $677 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $70,373 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $61,000 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $55,381 | UndistributedIncomePYAmt |
| Qualifying Distributions | $71,050 | QualifyingDistributionsAmt |
| Applied To Year1 | $55,381 | AppliedToYear1Amt |
| Applied To Current Year | $15,669 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $45,331 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE CLARK FOUNDATION INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 716 FLORHAM DRIVE | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27262 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3368487684 | RecipientPhoneNum |
| Form And Info And Materials | LETTER OF REQUEST AND PURPOSE OF CHARITABLE REQUEST ALONG WITH A COPY OF 501(C)(3) DETERMINATION LETTER | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SECTION 501(C)(3) ORGANIZATIONS | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN CHILDREN'S HOME | |||||||
| PO BOX 1288 | LEXINGTON | NC | 27293 | NONE | PUBLIC | OPERATIONS | $7,000 |
| WESLEY MEMORIAL UNITED METHODIST CH | |||||||
| 1225 CHESTNUT DRIVE | HIGH POINT | NC | 27262 | NONE | PUBLIC | OPERATIONS | $10,000 |
| WESLEY MEMORIAL UNITED METHODIST CH | |||||||
| 1225 CHESTNUT DRIVE | HIGH POINT | NC | 27262 | NONE | PUBLIC | ANGEL TREE | $3,000 |
| WESLEY MEMORIAL UNITED METHODIST CH | |||||||
| 1225 CHESTNUT DRIVE | HIGH POINT | NC | 27262 | NONE | PUBLIC | HINTON RURAL LIFE | $1,000 |
| GEORGETOWN PREP SCHOOL | |||||||
| 10900 ROCKVILLE PIKE | NORTH BETHESDA | MD | 20852 | NONE | PUBLIC | INTERNATIONAL PROGRAMS | $2,500 |
| WEST END MINISTRIES | |||||||
| 901 ENGLISH ROAD | HIGH POINT | NC | 27262 | NONE | PUBLIC | OPERATIONS | $2,500 |
| OPEN DOOR MINISTRIES | |||||||
| 400 N CENTENNIAL STREET | HIGH POINT | NC | 27262 | NONE | PUBLIC | OPERATIONS | $5,000 |
| FAMILY SERVICES OF THE PIEDMONT | |||||||
| 1401 LONG STREET | HIGH POINT | NC | 27262 | NONE | PUBLIC | OPERATIONS | $6,500 |
| ARCHDALETRINITY SERCO CLUB | |||||||
| 9445 US HWY 311 | ARCHDALE | NC | 27263 | NONE | PUBLIC | OPERATIONS | $2,000 |
| WARD STREET UNITED METHODIST CHURCH | |||||||
| 1619 W WARD AVENUE | HIGH POINT | NC | 27260 | NONE | PUBLIC | OPERATIONS | $2,000 |
| WARD STREET UNITED METHODIST CHURCH | |||||||
| 1619 W WARD AVENUE | HIGH POINT | NC | 27260 | NONE | PUBLIC | RESOURCE CENTER | $2,000 |
| WARD STREET UNITED METHODIST CHURCH | |||||||
| 1619 W WARD AVENUE | HIGH POINT | NC | 27260 | NONE | PUBLIC | YOUTH MINISTRY | $1,000 |
| WARD STREET UNITED METHODIST CHURCH | |||||||
| 1619 W WARD AVENUE | HIGH POINT | NC | 27260 | NONE | PUBLIC | SCHOLARSHIPS | $1,000 |
| CATHOLIC CHARITIES SPANISH CATHOLIC | |||||||
| 1618 MONROE ST NW | WASHINGTON | DC | 20010 | NONE | PUBLIC | OPERATIONS | $500 |
| THE MADEIRA SCHOOL | |||||||
| 8328 GEORGETOWN PIKE | MCLEAN | VA | 22102 | NONE | PUBLIC | OPERATIONS | $2,500 |
| THEATRE ART GALLERIES OF HIGH POINT | |||||||
| 220 E COMMERCE STREET | HIGH POINT | NC | 27260 | NONE | PUBLIC | OPERATIONS | $1,000 |
| RED DOG FARM ANIMAL RESCUE | |||||||
| 5836 BUR-MILL CLUB ROAD | GREENSBORO | NC | 27410 | NONE | PUBLIC | OPERATIONS | $1,000 |
| HIGH POINT COMM AGAINST VIOLENCE | |||||||
| 792 NORTH MAIN STREET | HIGH POINT | NC | 27262 | NONE | PUBLIC | OPERATIONS | $1,000 |
| HIS LABORING FEW MINISTRIES | |||||||
| 812 MARTIN L KING JR DR | THOMASVILLE | NC | 27360 | NONE | PUBLIC | OPERATIONS | $1,500 |
| ARC OF HIGH POINT | |||||||
| 153 E BELLEVUE DRIVE | HIGH POINT | NC | 27265 | NONE | PUBLIC | OPERATIONS | $1,000 |
| MACEDONIA FAMILY RESOURCE CENTER | |||||||
| 401 LAKE AVENUE | HIGH POINT | NC | 27260 | NONE | PUBLIC | OPERATIONS | $3,000 |
| 885 WFDD PUBLIC RADIO | |||||||
| 1834 WAKE FOREST ROAD | WINSTON SALEM | NC | 27109 | NONE | PUBLIC | OPERATIONS | $1,000 |
| BIENENSTOCK FURNITURE LIBRARY | |||||||
| 1009 NORTH MAIN STREET | HIGH POINT | NC | 27262 | NONE | PUBLIC | OPERATIONS | $2,500 |
| HIGH POINT UNIVERSITY | |||||||
| 1 UNIVERSITY PARKWAY | HIGH POINT | NC | 27268 | NONE | PUBLIC | OPERATIONS | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $63,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 25 | ExclusionCd |
| Exclusion | $24,645 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 25 | ExclusionCd |
| Exclusion | $52,256 | ExclusionAmt |
| Related Or Exempt Function Incm | $251 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $76,901 | ExclusionAmt |
| Related Or Exempt Function Incm | $251 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $77,152 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $2,100 | Amt |
| Net Investment Income | $1,050 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,050 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (42 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FUNDAMENTAL INVESTORS FUND INC | $92,560 | $111,592 |
| GROWTH FUND OF AMERICA CLASS A | $73,339 | $84,269 |
| NEW WORLD FUND CLASS A | $28,798 | $42,184 |
| INTERMEDIATE BOND FUND OF AMERICA | $27,935 | $27,227 |
| INCOME FUND OF AMERICA CL A | $80,736 | $96,297 |
| BOND FUND OF AMERICA | $15,753 | $15,610 |
| CAPITAL INCOME BUILDER FUND CL A | $66,568 | $61,154 |
| CAPITAL WORLD GROWTH & INCOME CL A | $34,824 | $34,302 |
| CAPITAL WORLD BOND FUND | $42,697 | $39,285 |
| AMERICAN HIGH INCOME TRUST | $36,166 | $30,607 |
| AMERICAN INTERNATIONAL GROWTH & INC | $47,365 | $39,864 |
| FUNDAMENTAL INVESTORS | $14,975 | $18,041 |
| BLACKROCK EQUITY DIVIDEND | $16,519 | $18,138 |
| CAPITAL WORLD BOND FUND | $31,933 | $29,874 |
| DEUTSCHE SMALL CAP VALUE FUND | $14,623 | $11,858 |
| EATON VANCE INC FD BOSTON | $42,885 | $40,815 |
| FRANKLIN TOTAL RETURN FUND | ||
| HARBOR INTERNATIONAL FUND | $18,129 | $17,348 |
| HARTFORD CAP APPRECIATION FUND | ||
| JP MORGAN CORE BOND FUND | $24,013 | $24,168 |
| PERKINS MID CAP VALUE FUND CL 1 | $22,657 | $17,882 |
| LORD ABBETT TOTAL RETURN FUND | $24,950 | $23,996 |
| MFS VALUE FUND CL I | $26,999 | $29,748 |
| MANNING & NAPIER WORLD OPPORTUNITY | ||
| MANNING & NAPIER EQUITY FUND | ||
| FRANKLIN MUT GLOBAL DISCOVERY FUND Z | $12,020 | $11,872 |
| FRANKLIN MUTUAL SHARES FUND Z | $20,759 | $23,682 |
| OPPENHEIMER INTERNATIONAL GROWTH | $28,572 | $35,971 |
| T ROWE PRICE BLUE CHIP GROWTH | $15,754 | $24,320 |
| T ROWE PRICE MID CAP GROWTH | $10,182 | $12,054 |
| T ROWE PRICE SHORT TERM BOND | $30,898 | $30,239 |
| TEMPLETON GLOBAL BOND FUND | $33,308 | $30,068 |
| INVESCO GROWTH & INCOME | $15,839 | $17,926 |
| VIRTUS EMERGING MRKTS OPPTYS I | $33,864 | $34,961 |
| JPM FED MONEY MARKET INSTL CL | $10,779 | $10,779 |
| VOYA SMALL COMPANY FUND | $26,501 | $23,898 |
| MFS MASSACHUSETTS INV TR | $15,861 | $17,932 |
| HARTFORD GROWTH OPPORTUNITIES | $11,925 | $12,270 |
| HARBOR CAPITAL APPRECIATION | $9,921 | $12,101 |
| JP MORGAN VALUE ADVANTAGE INST | $12,741 | $11,771 |
| PRUDENTIAL TOTAL RETURN BOND | $18,252 | $17,956 |
| SCOUT INTERNATIONAL | $47,968 | $35,334 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| SERVICE FEE | $7,879 | $7,879 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX ON INVESTMENT INCOME | CategoryTxt |
| Amt | $1,104 | Amt |
Comments