CLARK FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: CLARK FOUNDATION INC (EIN 56-2223653)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-14
IRS object ID: 201301349349101010
Schema version: 2012v2.1
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
Compensation Explanation
Investments Corp Stock Schedule
Other Assets Schedule
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-14T10:37:51-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HENDRIX BARNEY & CO CPA'S PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1015 HUTTON LANE SUITE 103	AddressLine1
City	HIGH POINT	City
State	NC	State
ZIP Code	27262	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	562223653	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE CLARK FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CLAR	NameControl
Phone	3368487684	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	716 FLORHAM DRIVE	AddressLine1
City	HIGH POINT	City
State	NC	State
ZIP Code	27262	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SUSAN CLARK	Name
Title	TREASURER	Title
Phone	3368487684	Phone
Date Signed	2013-05-07	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RENEE G SCHWENDIMAN CPA	Name
Phone	3368872272	Phone
Date Prepared	2013-05-07	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	1219327	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	25398	DividendsRevAndExpnss
Dividends Net Invst Incm	25398	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	36201	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	321467	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	36201	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	61599	TotalRevenueAndExpenses
Total Net Investment Income	61599	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	5200	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	400	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	4800	CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss	1800	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	900	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	900	AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss	4191	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	4191	OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss	11191	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	5491	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	5700	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	32500	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	32500	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	43691	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	5491	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	38200	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	17908	ExcessOfRevenueOverExpenses
Net Investment Income	56108	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash EOY	1	CashEOY
Savings And Temp Cash Invst BOY	3772	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	996	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	996	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	1000477	InvestmentsCorpStockBOY
Investments Corp Stock EOY	781355	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	898526	InvestmentsCorpStockEOYFMV
Other Assets BOY	80000	OtherAssetsBOY
Other Assets EOY	319805	OtherAssetsEOY
Other Assets EOYFMV	319805	OtherAssetsEOYFMV
Total Assets BOY	1084249	TotalAssetsBOY
Total Assets EOY	1102157	TotalAssetsEOY
Total Assets EOYFMV	1219327	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	1084249	RetainedEarningsBOY
Retained Earnings EOY	1102157	RetainedEarningsEOY
Total Net Assets BOY	1084249	TotalNetAssetsBOY
Total Net Assets EOY	1102157	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	1084249	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	1102157	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	1084249	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	17908	ExcessOfRevenueOverExpenses
Subtotal	1102157	Subtotal
Total Net Assets Fund Balances EOY	1102157	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (52 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses	Date AcquiredDateAcquired
1519.12 FUNDAMENTAL INVESTORS	P	2012-02-07	58000	47462	10538	10538
490.762 CAP WORLD GROWTH & INC	P	2012-02-07	17000	21806	-4806	-4806
74.976 JP MORGAN CORE BOND	P	2012-04-10	894	832	62	62	2009-06-24
82.503 FUNDAMENTAL INVESTORS	P	2012-06-18	3060	2766	294	294	2000-01-30
142.931 FUNDAMENTAL INVESTORS	P	2012-10-12	5702	4476	1226	1226
68.08 CAP WORLD GROWTH & INC	P	2012-10-12	2457	3011	-554	-554
86.134 LORD ABBETT TOTAL RETURN	P	2012-04-10	922	906	16	16
169.821 INVESCO VAN KAMP GR & INC	P	2012-06-18	3313	2601	712	712	2009-06-24
1106.544 GROWTH FD AMERICA	P	2012-02-07	35000	29137	5863	5863
567.376 CAP WORLD BOND FUND	P	2012-02-07	12000	11724	276	276
17.095 MFS VALUE	P	2012-04-10	414	329	85	85
50.19 J P MORGAN CORE BOND	P	2012-06-18	604	557	47	47	2009-06-24
156.299 GROWTH FD AMERICA	P	2012-04-24	5000	4116	884	884
81.667 CAP WORLD BOND FUND	P	2012-10-12	1764	1688	76	76
245.927 RANIER LARGE CAP EQUITY	P	2012-04-10	6583	4863	1720	1720	2009-06-24
51.369 LORD ABBETT TOTAL RETURN	P	2012-06-18	553	541	12	12
136.916 GROWTH FD AMERICA	P	2012-10-12	4599	3605	994	994
1089.918 AMERICAN HIGH INC TR	P	2012-02-07	12000	12010	-10	-10
28.91 T ROWE PRICE BLUE CHIP	P	2012-04-10	1298	909	389	389	2009-06-24
131.678 MFS VALUE	P	2012-06-18	3135	2532	603	603
530.348 NEW WORLD	P	2012-02-07	27000	14880	12120	12120
170.648 AMERICAN HIGH INC TR	P	2012-10-12	1921	1880	41	41
.255 T ROWE PRICE MID CAP GROWTH	P	2012-04-10	15	13	2	2	2010-01-15
43.031 T ROWE PRICE SHORT TERM BOND	P	2012-06-18	208	209	-1	-1	2011-05-12
71.495 NEW WORLD	P	2012-10-12	3748	2006	1742	1742
34.348 BLACKROCK EQUITY DIVIDEND	P	2012-04-10	653	494	159	159
27.375 T ROWE PRICE SHORT TERM BOND	P	2012-04-10	133	133			2011-05-12
5.305 TEMPLETON GLOBAL BOND	P	2012-06-18	67	62	5	5
219.138 INTERMED BOND FD OF AMERICA	P	2012-02-07	3000	2950	50	50
24.386 CAPITAL WORLD BOND	P	2012-04-10	507	487	20	20
5.65 TEMPLETON GLOBAL BOND	P	2012-04-10	74	72	2	2
31.957 INTERMED BOND FD AMERICA	P	2012-10-12	441	430	11	11
161.716 EATON VANCE INC FUND BOSTON	P	2012-04-10	935	864	71	71	2009-06-24
120.34 VIRTUS EMERGING MARKETS OPP	P	2012-04-10	1165	788	377	377	2009-06-24
2251.732 INCOME FD AMERICA	P	2012-02-07	39000	35472	3528	3528
.463 EATON VANCE LARGE CAP VALUE	P	2012-04-10	8	7	1	1	2009-06-24
13.185 BLACKROCK EQUITY DIVIDEND	P	2012-06-24	251	190	61	61	2009-06-24
303.087 INCOME FD AMERICA	P	2012-10-12	5450	4790	660	660
53.629 FEDERATED TOTAL RETURN BONDS	P	2012-04-10	612	573	39	39
27.16 CAPITAL WORLD BOND	P	2012-06-18	566	543	23	23
710.339 BOND FUND AMERICA	P	2012-02-07	9000	9101	-101	-101
52.145 FRANKLIN TOTAL RETURN	P	2012-04-10	534	496	38	38
141.563 EATON VANCE INC FUND BOSTON	P	2012-06-18	814	757	57	57	2009-06-24
109.206 BOND FUND AMERICA	P	2012-10-12	1417	1399	18	18
2.175 FUNDAMENTAL INVESTORS	P	2012-04-10	82	73	9	9	2000-01-30
33.443 FEDERATED TOTAL RETURN BONDS	P	2012-06-18	383	358	25	25
554.236 CAP INCOME BUILDER	P	2012-02-07	28000	34198	-6198	-6198
24.228 FIDELITY NEW INSIGHTS	P	2012-04-10	542	374	168	168	2009-06-24
183.893 EATON VANCE LARGE CAP VALUE	P	2012-06-18	3327	2784	543	543	2009-06-24
75.624 CAP INCOME BUILDER	P	2012-10-12	4001	4645	-644	-644
279.068 HARTFORD CAPITAL APPREC	P	2012-04-10	8930	8012	918	918
37.301 FRANKLIN TOTAL RETURN	P	2012-06-18	384	355	29	29

Field	Value	IRS element (for citing)
Capital Gain Net Income	36201	CapitalGainNetIncome
Net Short Term Capital Gain Or Loss	640	NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	50603	QualifyingDistributionsYear1
Noncharitable Assets Year1	1167894	NoncharitableAssetsYear1
Distribution Ratio Year1	0.043328	DistributionRatioYear1
Qualifying Distributions Year2	50487	QualifyingDistributionsYear2
Noncharitable Assets Year2	1117109	NoncharitableAssetsYear2
Distribution Ratio Year2	0.045194	DistributionRatioYear2
Qualifying Distributions Year3	29052	QualifyingDistributionsYear3
Noncharitable Assets Year3	1051216	NoncharitableAssetsYear3
Distribution Ratio Year3	0.027637	DistributionRatioYear3
Qualifying Distributions Year4	48787	QualifyingDistributionsYear4
Noncharitable Assets Year4	1168621	NoncharitableAssetsYear4
Distribution Ratio Year4	0.041747	DistributionRatioYear4
Qualifying Distributions Year5	147334	QualifyingDistributionsYear5
Noncharitable Assets Year5	1403678	NoncharitableAssetsYear5
Distribution Ratio Year5	0.104963	DistributionRatioYear5
Total Distribution Ratio	0.262869	TotalDistributionRatio
Average Distribution Ratio	0.052574	AverageDistributionRatio
Net Noncharitable Assets	1169921	NetNoncharitableAssets
Adjusted Noncharitable Assets	61507	AdjustedNoncharitableAssets
One Percent Net Investment Income	561	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	62068	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	38200	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	1122	InvestmentIncomeExciseTax
Subtotal	1122	Subtotal
Tax Based On Investment Income	1122	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	166	EstTaxPaymentsAndOverpayment
Total Credits And Payments	166	TotalCreditsAndPayments
Form2220 Attached	X	Form2220Attached
Penalty For Underpayment	5	PenaltyForUnderpayment
Tax Due	961	TaxDue

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	NC	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	NOT APPLICABLE	WebsiteAddress
Books In Care Of Person Name	SUSAN CLARK	BooksInCareOfPersonName
Books In Care Of Phone Number	3368487684	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	716 FLORHAM DRIVE	AddressLine1
City	HIGH POINT	City
State	NC	State
ZIP Code	27262	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
KEITH CLARK
213 WESTRIDGE DRIVE	HIGH POINT	NC	27262	PRESIDENT	1.00	1300	0	0
MARK CLARK
716 FLORHAM DRIVE	HIGH POINT	NC	27262	V PRESIDENT	1.00	1300	0	0
SUSAN CLARK
716 FLORHAM DRIVE	HIGH POINT	NC	27262	SEC/TRES	1.00	1300	0	0
MATTHEW CLARK
716 FLORHAM DRIVE	HIGH POINT	NC	27262	DIRECTOR	1.00	1300	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	883049	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	4867	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	299821	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	1187737	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	1187737	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	17816	CashDeemedCharitable
Net Noncharitable Assets	1169921	NetNoncharitableAssets
Minimum Investment Return	58496	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	58496	MinimumInvestmentReturn
Tax Based On Investment Income	1122	TaxBasedOnInvestmentIncome
Total Tax	1122	TotalTax
Distributable Amount Before Adj	57374	DistributableAmountBeforeAdj
Distributable Amount Before Ded	57374	DistributableAmountBeforeDed
Distributable Amount As Adjusted	57374	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	38200	ExpensesAndContributions
Qualifying Distributions	38200	QualifyingDistributions
Adj Qualifying Distributions	38200	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	57374	DistributableAmountAsAdjusted
Undistributed Income Prior Year	25724	UndistributedIncomePriorYear
Qualifying Distributions	38200	QualifyingDistributions
Applied To Year1	25724	AppliedToYear1
Applied To Current Year	12476	AppliedToCurrentYear
Undistributed Income CY	44898	UndistributedIncomeCY

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	THE CLARK FOUNDATION INC	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	716 FLORHAM DRIVE	AddressLine1
City	HIGH POINT	City
State	NC	State
ZIP Code	27262	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	3368487684	RecipientPhoneNumber
Form And Info And Materials	LETTER OF REQUEST AND PURPOSE OF CHARITABLE REQUEST ALONG WITH A COPY OF 501(C)(3) DETERMINATION LETTER	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	SECTION 501(C)(3) ORGANIZATIONS	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (9 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Business Name Line2RecipientBusinessName/BusinessNameLine2
AMERICAN CHILDREN'S HOME
PO BOX 1288	LEXINGTON	NC	27293	NONE	PUBLIC	OPERATIONS	$5,000
HIGH POINT BALLET
3710 N MAIN STREET	HIGH POINT	NC	27262	NONE	PUBLIC	OPERATIONS	$10,000
WESLEY MEMORIAL UNITED ME
1225 CHESTNUT DRIVE	HIGH POINT	NC	27262	NONE	PUBLIC	TTW SCHOOL	$1,000
GEORGETOWN PREP SCHOOL
10900 ROCKVILLE PIKE	NORTH BETHESDA	MD	20852	NONE	PUBLIC	OPERATIONS	$1,000
WEST END MINISTRIES
901 ENGLISH ROAD	HIGH POINT	NC	27262	NONE	PUBLIC	OPERATIONS	$3,000
OPEN DOOR MINISTRIES
400 N CENTENNIAL STREET	HIGH POINT	NC	27262	NONE	PUBLIC	ARTHUR CASSELL HOUSE	$5,000
HP COMMUNITY AGAINST VIOLENCE
729 N MAIN STREET	HIGH POINT	NC	27262	NONE	PUBLIC	OPERATIONS	$4,000
PIEDMONT OPERA
235 N CHERRY ST ST 100	WINSTONSALEM	NC	27101	NONE	PUBLIC	OPERATIONS	$1,000
HIGH POINT UNIVERSITY
833 MONTLIEU AVE	HIGH POINT	NC	27262	NONE	PUBLIC	OPERATIONS	$2,500	UNIVERSITY

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	32500	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	25398	RelatedOrExemptFunctionIncome

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	25	ExclusionCode
Exclusion	$33,238	ExclusionAmount
Related Or Exempt Function Income	2963	RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$33,238	ExclusionAmount
Related Or Exempt Function Income	28361	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	61599	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	Category
Amount	$1,800	Amount
Net Investment Income	900	NetInvestmentIncome
Disbursements Charitable Prps	900	DisbursementsCharitablePrps

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

KEITH CLARK
MARK CLARK
SUSAN CLARK
MATTHEW CLARK

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (40 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
FUNDAMENTAL INVESTORS FUND INC	77979	101344
GROWTH FUND OF AMERICA CLASS A	62648	81519
NEW WORLD FUND CLASS A	35506	68137
INTERMEDIATE BOND FUND OF AMERICA	7608	7775
INCOME FUND OF AMERICA CL A	83890	95728
BOND FUND OF AMERICA	24217	24476
CAPITAL INCOME BUILDER FUND CL A	81157	69854
CAPITAL WORLD GROWTH & INCOME CL A	52056	43840
CAPITAL WORLD BOND FUND	30059	30811
AMERICAN HIGH INCOME TRUST	32911	33915
FUNDAMENTAL INVESTORS	8688	10541
BLACKROCK EQUITY DIVIDEND	9799	13455
CAPITAL WORLD BOND FUND	15600	16432
DWS SMALL CAP VALUE FUND	5449	7058
EATON VANCE INCOME FUND	21305	23883
EATON VANCE LARGE CAP VALUE FD	8019	10324
FEDERATED TOTAL RETURN BOND	9093	9769
FRANKLIN TOTAL RETURN FUND	8916	9686
FIDELITY NEW INSIGHTS FUND	4518	6681
HARBOR INTERNATIONAL FUND	6702	7353
HARTFORD CAP APPRECIATION FUND	6653	6610
JP MORGAN CORE BOND FUND	11834	12843
PERKINS MID CAP VALUE FUND CL 1	12120	13669
LORD ABBETT TOTAL RETURN FUND	12838	13124
MFS VALUE FUND CL I	10481	13781
MANNING & NAPIER WORLD OPPORTUNITY	16997	18327
MANNING & NAPIER EQUITY FUND	6334	6972
MUTUAL GLOBAL DISCOVERY FUND Z	6403	7028
FRANKLIN MUTUAL SHARES FUND Z	10955	13985
OPPENHEIMER INTERNATIONAL GROWTH	13784	18627
T ROWE PRICE BLUE CHIP GROWTH	10207	13402
T ROWE PRICE MID CAP GROWTH	6110	6793
T ROWE PRICE SHORT TERM BOND	6413	6400
TEMPLETON GLOBAL BOND FUND	16810	17637
INVESCO GROWTH & INCOME	7527	10254
VIRTUS EMERGING MRKTS OPPTYS I	11619	17980
JPM FED MONEY MARKET INSTL CL	4214	4214
RAINIER LARGE CAP EQUITY CL I
ING SMALL COMPANY FUND	10554	10265
MFS MASSACHUSETTS INV TR	13382	14034

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	INVESTMENT IN INSURANCE POLICY	Description
BOY Book Value	80000	BOYBookValue
EOY Book Value	319805	EOYBookValue
EOYFMV	319805	EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome
EXPENSES
SERVICE FEE	4191	4191

CLARK FOUNDATION INC: Form 990PF, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (52 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Recipient US Address RecipientUSAddress

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (9 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Compensation Explanation CompensationExplanation

Compensation Compensation (4 entries)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (40 entries)

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

Comments