Clark Foundation
- Assets
- $26.6m
- Revenue
- $1.1m
- Investments
- $25.0m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 10/1968
- Data as of
- 12/2022
- EIN
- 23-7423789
Organization Overview
Clark Foundation is located in Portland, OR. The organization was established in 1968. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clark Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Clark Foundation generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Clark Foundation has awarded 554 individual grants totaling $11,396,453. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FINANCIAL ASSISTANCE TO EDISON HIGH SCHOOL TO ASSIST IN FUNDING OF BUILDING A NEW HIGH SCHOOL.
PROVIDED FINANCIAL ASSISTANCE TO DE LA SALLE NORTH CATHOLIC HIGH SCHOOL TO ASSIST WITH RELOCATION TO A SITE ON ST. CHARLES CHURCH CAMPUS
PROVIDED FINANCIAL ASSISTANCE TO ST THOMAS MORE SCHOOL FOR PHASE 1 OF THE PARKING GARAGE, NEW GYM, CLASSROOMS & ELEVATOR
PROVIDED FINANCIAL ASSISTANCE TO UNIVERSITY OF PORTLAND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard M Clark President/tr | 0 | $0 | |
Tracey A Clark Director | 0 | $0 | |
Brittney Clark Vice Preside | 0 | $0 | |
Christopher Brooks Director | 0 | $0 | |
Jon Holzgrafe Director | 0 | $0 | |
Steve Nicholes Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $268,864 |
| Dividends & Interest | $353,459 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $454,944 |
| Capital Gain Net Income | $478 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,250 |
| Total Revenue | $1,079,517 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $8,371 |
| Taxes | $15,049 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $111,980 |
| Total operating and administrative expenses | $262,113 |
| Contributions, gifts, grants paid | $1,989,200 |
| Total expenses and disbursements | $2,251,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,521,132 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,059,337 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,224 |
| Total assets | $26,569,202 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Clark Foundation has awarded $1,989,200 in support to 87 organizations.
| Grant Recipient | Amount |
|---|---|
ALL CLASSICAL PORTLAND PURPOSE: CHARITABLE - PROGRAM SUPPORT | $10,000 |
ADELANTE MUJERES PURPOSE: CHARITABLE - PROGRAM SUPPORT | $5,000 |
AMERICAN RED CROSS PURPOSE: CHARITABLE - PROGRAM SUPPORT | $25,000 |
CAMP UKANDU PURPOSE: CHARITABLE - PROGRAM SUPPORT | $15,000 |
CASA FOR CHILDREN PURPOSE: CHARITABLE - PROGRAM SUPPORT | $15,000 |
CARES NW PURPOSE: CHARITABLE - PROGRAM SUPPORT | $20,000 |