CLOWES FUND INCORPORATED: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CLOWES FUND INCORPORATED (EIN 35-1079679)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-09-16
- IRS object ID
- 201632609349100003
- 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
- Compensation Explanation
- Depreciation Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-09-16T10:34:54-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 N Illinois Street | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | 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 | 351079679 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Clowes Fund Incorporated | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BKD LLP | InCareOfNm |
| Business Name Control | CLOW | BusinessNameControlTxt |
| Phone | 3178330144 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 NORTH MERIDIAN ST STE 316 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH A CASSELMAN | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 3178330144 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HOLLY M PANTZER | PreparerPersonNm |
| PTIN | P00137289 | PTIN |
| Phone | 3173834000 | PhoneNum |
| Preparation | 2016-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $66,009,499 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,118 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,118 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,291,558 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,291,558 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,466,352 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,622,985 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,466,352 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $45,899 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $45,899 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,804,927 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,804,927 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $150,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $30,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $120,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $166,917 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $166,917 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $64,308 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $5,145 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $59,163 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $31,609 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $31,609 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $79,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $21,400 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $58,100 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $287,633 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $273,542 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $14,091 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $55,439 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $30,439 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $23,909 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $23,909 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $13,221 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $13,221 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $64 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $64 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $83,939 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,968 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $80,971 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $956,539 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $363,494 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $568,045 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,431,600 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,431,600 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,388,139 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $363,494 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,999,645 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,583,212 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,441,433 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $373,363 | CashBOYAmt |
| Cash EOY | $3,207,119 | CashEOYAmt |
| Cash EOYFMV | $3,207,119 | CashEOYFMVAmt |
| Other Investments BOY | $54,192,554 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $50,795,755 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $61,925,905 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $26,990 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $26,990 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $933,725 | OtherAssetsBOYAmt |
| Other Assets EOY | $876,475 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $876,475 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $55,499,642 | TotalAssetsBOYAmt |
| Total Assets EOY | $54,879,349 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $66,009,499 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $0 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $169 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $169 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $55,499,642 | RetainedEarningBOYAmt |
| Retained Earning EOY | $54,879,180 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $55,499,642 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $54,879,180 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $55,499,642 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $54,879,349 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $55,499,642 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,583,212 | ExcessRevenueOverExpensesAmt |
| Other Increases | $962,750 | OtherIncreasesAmt |
| Subtotal | $54,879,180 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $54,879,180 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|
| SANDERSON INTERNATIONAL K-1 | P | 2015-12-31 | $1,688 | $1,688 | $1,688 | |
| SANDERSON INTERNATIONAL K-1 | P | 2015-12-31 | $570,407 | $570,407 | $570,407 | |
| WELLINGTON K-1 | P | 2015-12-31 | -$65,694 | -$65,694 | $65,694 | |
| WELLINGTON K-1 | P | 2015-12-31 | -$178,850 | -$178,850 | $178,850 | |
| ADVISORY REAEARCH K-1 | P | 2015-12-31 | $16,638 | $16,638 | $16,638 | |
| ADVISORY REAEARCH K-1 | P | 2015-12-31 | $298,488 | $298,488 | $298,488 | |
| VANGUARD | 2015-12-31 | $1,400,000 | $497,950 | $497,950 | $902,050 | |
| AEW K-1 | 2015-12-31 | -$10,039 | -$10,039 | $10,039 | ||
| AEW K-1 | 2015-12-31 | $104,006 | $104,006 | $104,006 | ||
| T-ROWE | 2015-12-31 | $223,096 | $223,096 | $223,096 | ||
| CAPITAL GAIN DIVIDENDS | P | $8,662 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,466,352 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $7,919,946 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $70,821,452 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.11183 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,885,514 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $66,908,613 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.043126 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,058,153 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $61,699,771 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.049565 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,875,550 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $59,642,575 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.048213 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $4,399,307 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $58,091,406 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.075731 | DistributionYr5Rt |
| Total Distribution | 0.328465 | TotalDistributionRt |
| Average Distribution | 0.065693 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $67,755,772 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $4,451,080 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $24,414 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $4,475,494 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,999,645 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $48,829 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $48,829 | SubtotalAmt |
| Tax Based On Investment Income | $48,829 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $65,287 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $65,287 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $16,458 | OverpaymentAmt |
| Applied To ES Tax | $16,458 | 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 | IN | 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 | WWW.CLOWESFUND.ORG OR GUIDESTAR | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3173834000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 N ILLINOIS ST STE 700 | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 (10 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 |
|---|---|---|---|---|---|---|---|---|
| BEN W BLANTON | ||||||||
| 320 NORTH MERIDIAN ST STE 316 | INDIANAPOLIS | IN | 46204 | TREASURER | 2.0 | $0 | $0 | $459 |
| MARGARET C BOWLES | ||||||||
| 320 NORTH MERIDIAN ST STE 316 | INDIANAPOLIS | IN | 46204 | DIRECTOR | 2.0 | $0 | $0 | $2,942 |
| ELIZABETH A CASSELMAN | ||||||||
| 320 NORTH MERIDIAN ST STE 316 | INDIANAPOLIS | IN | 46204 | EXECUTIVE DIRECTOR | 40.0 | $150,000 | $15,000 | $0 |
| DOUGLAS S CLOWES | ||||||||
| 320 NORTH MERIDIAN ST STE 316 | INDIANAPOLIS | IN | 46204 | DIRECTOR | 2.0 | $0 | $0 | $490 |
| EDITH W CLOWES | ||||||||
| 320 NORTH MERIDIAN ST STE 316 | INDIANAPOLIS | IN | 46204 | SECRETARY | 2.0 | $0 | $0 | $0 |
| JONATHAN J CLOWES | ||||||||
| 320 NORTH MERIDIAN ST STE 316 | INDIANAPOLIS | IN | 46204 | PRESIDENT | 2.0 | $0 | $0 | $4,650 |
| SAMUEL C HUNEKE | ||||||||
| 320 NORTH MERIDIAN ST STE 316 | INDIANAPOLIS | IN | 46204 | DIRECTOR | 2.0 | $0 | $0 | $378 |
| WILLIAM H MARSHALL | ||||||||
| 320 NORTH MERIDIAN ST STE 316 | INDIANAPOLIS | IN | 46204 | ASSISTANT TREASURER | 2.0 | $0 | $0 | $713 |
| CAROLYN M OSTEEN | ||||||||
| 320 NORTH MERIDIAN ST STE 316 | INDIANAPOLIS | IN | 46204 | DIRECTOR | 2.0 | $0 | $0 | $711 |
| DONNA L WILEY | ||||||||
| 320 NORTH MERIDIAN ST STE 316 | INDIANAPOLIS | IN | 46204 | VICE PRESIDENT | 2.0 | $0 | $0 | $1,987 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERIN M TRISLER | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 NORTH MERIDIAN ST STE 316 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | 0 | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $61,667 | CompensationAmt |
| Employee Benefits | $6,167 | EmployeeBenefitsAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| prime buchholz | |||||
| 25 Chestnut Street | PORTSMOUTH | NH | 03801 | investment mgmt | $90,000 |
| Sanderson International | |||||
| 780 Third Avenue 38th Floor | NEW YORK | NY | 10017 | investment mgmt | $89,405 |
| BKD LLP | |||||
| 201 N Illinois Street Suite 700 | INDIANAPOLIS | IN | 46204 | ACCOUNTING & CONSULT | $68,500 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $40,520,441 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,092,025 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $27,175,120 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $68,787,586 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $68,787,586 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,031,814 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $67,755,772 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,387,789 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,387,789 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $48,829 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $48,829 | TotalTaxAmt |
| Distributable Before Adj | $3,338,960 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,338,960 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,338,960 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,999,645 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $3,999,645 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $3,999,645 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,338,960 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,512,945 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $355 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $4,463,163 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,976,463 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,999,645 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $3,338,960 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $660,685 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,637,148 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,512,945 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,124,203 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $355 | ExcessFromYear3Amt |
| Excess From Year1 | $4,463,163 | ExcessFromYear1Amt |
| Excess From Current Year | $660,685 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Elizabeth A Casselman Executive | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 NORTH MERIDIAN STREET STE 316 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3178330144 | RecipientPhoneNum |
| Form And Info And Materials | SEE ONLINE APPLICATION WITH DESCRIPTION OF ORGANIZATION AND PURPOSE FOR GRANT REQUEST AT WWW.CLOWESFUND.ORG | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | PLEASE VISIT OUR WEBSITE, WWW.CLOWESFUND.ORG FOR CURRENT GRANT GUIDELINES. | SubmissionDeadlinesTxt |
| Restrictions On Awards | PLEASE VISIT OUR WEBSITE, WWW.CLOWESFUND.ORG FOR CURRENT GRANT GUIDELINES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT ATTACHED IMMEDIATELY FOLLOWING | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | See Attached Listing | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Attached | GrantOrContributionPurposeTxt |
| Amt | $3,431,600 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,431,600 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED STATEMENT | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED STATEMENT | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $1,256,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,256,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,118 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,291,558 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $45,899 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,466,352 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,804,927 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,804,927 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BKD, LLP | $68,500 | $13,700 | $54,800 |
| YOUNT AND COMPANY, LLC | $11,000 | $7,700 | $3,300 |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH A CASSELMAN | PersonNm |
| Short Explanation | ELIZABETH A. CASSELMAN IS ALSO THE ASSISTANT SECRETARY AND ASSISTANT TREASURER. HOWEVER, SHE IS NOT COMPENSATED FOR THESE SERVICES. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (18 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt |
|---|---|---|---|---|---|
| OFFICE FURNITURE | 1999-12-19 | $3,319 | $3,319 | DDB | 7 |
| OFFICE FURNITURE | 2000-03-31 | $3,319 | $3,319 | DDB | 7 |
| OFFICE FURNITURE | 2000-09-18 | $1,718 | $1,718 | DDB | 7 |
| OFFICE FURNITURE | 2000-06-30 | $2,074 | $2,074 | DDB | 7 |
| CON ROOM FURNITUR | 2001-06-30 | $5,071 | $5,071 | DDB | 7 |
| LATERAL FILE | 2001-10-31 | $790 | $790 | DDB | 7 |
| ROLLING FILE CART | 2005-02-17 | $45 | $45 | DDB | 7 |
| DIGITAL CAMERA | 2005-03-23 | $253 | $253 | DDB | 5 |
| ROLLING FILE CART | 2005-08-16 | $40 | $40 | DDB | 7 |
| WORK STATION | 2005-09-30 | $1,129 | $1,129 | DDB | 7 |
| COMPUTER LAPTOP | 2006-03-14 | $1,414 | $1,414 | DDB | 5 |
| OFFICE FURNISHINGS | 2007-09-19 | $720 | $720 | DDB | 7 |
| OFFICE FURNISHINGS | 2007-10-22 | $983 | $983 | DDB | 7 |
| REFRIGERATOR | 2007-08-13 | $391 | $391 | M5 | |
| COMPUTER EQUIPMENT | 2008-08-13 | $1,142 | $1,142 | DDB | 5 |
| OFFICE EQUIPMENT | 2008-07-08 | $1,000 | $1,000 | DDB | 5 |
| COMPUTER | 2009-08-17 | $2,813 | $2,813 | DDB | 5 |
| LAPTOP | 2009-09-14 | $768 | $768 | DDB | 5 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| WELLINGTON TRUST COMPANY | $746,024 | $721,471 |
| T. ROWE PRICE INVESTMENT FUND | $1,763,699 | $3,837,574 |
| AEW | $1,901,597 | $2,336,800 |
| FORESTER INVESTMENT | $3,500,000 | $5,657,010 |
| SANDERSON INTERNATIONAL | $8,125,812 | $8,298,511 |
| TITAN | $3,086,719 | $5,598,380 |
| ADVISORY RESEARCH MID CAP | $340,392 | $340,392 |
| THE VANGUARD GROUP | $29,174,409 | $34,035,984 |
| VAN ECK GLOBAL FUND | $2,157,103 | $1,099,783 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (18 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|
| OFFICE FURNITURE | $3,319 | $3,319 |
| OFFICE FURNITURE | $3,319 | $3,319 |
| OFFICE FURNITURE | $1,718 | $1,718 |
| OFFICE FURNITURE | $2,074 | $2,074 |
| CON ROOM FURNITUR | $5,071 | $5,071 |
| LATERAL FILE | $790 | $790 |
| ROLLING FILE CART | $45 | $45 |
| DIGITAL CAMERA | $253 | $253 |
| ROLLING FILE CART | $40 | $40 |
| WORK STATION | $1,129 | $1,129 |
| COMPUTER LAPTOP | $1,414 | $1,414 |
| OFFICE FURNISHINGS | $720 | $720 |
| OFFICE FURNISHINGS | $983 | $983 |
| REFRIGERATOR | $391 | $391 |
| COMPUTER EQUIPMENT | $1,142 | $1,142 |
| OFFICE EQUIPMENT | $1,000 | $1,000 |
| COMPUTER | $2,813 | $2,813 |
| LAPTOP | $768 | $768 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FAEGRE BAKER DANIELS | CategoryTxt |
| Legal Fees | $31,609 | LegalFeesAmt |
| Disbursements Charitable Prps | $31,609 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ART COLLECTION | Desc |
| BOY Book Value | $933,725 | BOYBookValueAmt |
| EOY Book Value | $876,475 | EOYBookValueAmt |
| EOYFMV | $876,475 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| MEMBERSHIP DUES | $12,175 | $12,175 | |
| MEALS AND ENTERTAINMENT | $4,488 | $4,488 | |
| OFFICE SUPPLIES | $2,009 | $2,009 | |
| POSTAGE | $1,156 | $1,156 | |
| TELEPHONE | $5,063 | $5,063 | |
| ANNUAL MEETING EXPENSE | $18,388 | $17,285 | $1,103 |
| DIRECTOR EXPENSES | $17,989 | $17,989 | |
| MISCELLANEOUS EXPENSES | $565 | $565 | |
| BANK FEES | $1,865 | $1,865 | |
| OFFICE EQUIPMENT | $1,084 | $1,084 | |
| WEBSITE | $200 | $200 | |
| REMOTE ACCESS EXPENSE | $3,600 | $3,600 | |
| HARDWARE | $1,101 | $1,101 | |
| SOFTWARE | $5,518 | $5,518 | |
| OFFICE FURNISHINGS | $2,275 | $2,275 | |
| PARKING | $6,463 | $6,463 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Sanderson | $15,900 | $15,900 |
| Wellington | $5 | $5 |
| AEW | $29,994 | $29,994 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ART COLLECTION GIFT BASIS ADJUSTMENT | Desc |
| Amt | $962,750 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (8 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PRIME BUCHHOLZ FEES | $90,000 | $90,000 | |
| ADVISORY RESEARCH MID CAP | $48,875 | $48,875 | |
| WELLINGTON TRUST | $13,355 | $13,355 | |
| SANDERSON INTERNATIONAL | $89,405 | $89,405 | |
| COMPUTER CONSULTING | $11,091 | $11,091 | |
| AEW FEES | $18,466 | $18,466 | |
| CONSULTING SERVICES | $13,441 | $13,441 | |
| ART APPRAISAL | $3,000 | $3,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $30,439 | $30,439 |
| EXCISE TAX | $25,000 |