CLOWES FUND INCORPORATED: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- CLOWES FUND INCORPORATED (EIN 35-1079679)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-11
- IRS object ID
- 201413159349100341
- Schema version
- 2013v3.1
- 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 Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-11T13:15:51-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 N Illinois Street | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | 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 | BusinessNameLine1 |
| 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 STREET | AddressLine1 |
| Address Line2 | Suite 316 | AddressLine2 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH A CASSELMAN | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 3178330144 | PhoneNum |
| Signature | 2014-11-15 | 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 | 3178330144 | PhoneNum |
| Preparation | 2014-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $72,945,461 | 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 | $8,797 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $8,797 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,249,634 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,249,634 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,549,825 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,100,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,549,825 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $30,323 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $30,323 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,838,579 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,838,579 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $129,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $25,800 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $103,200 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $107,154 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $107,154 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $47,910 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $3,833 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $44,077 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $26,239 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $26,239 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $86,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $86,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $369,280 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $363,814 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $5,466 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $92,753 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $30,753 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $446 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $23,064 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $23,064 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6,030 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,030 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $470 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $470 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $84,787 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,197 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $81,590 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $973,633 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $427,397 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $483,790 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,401,724 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,401,724 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,375,357 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $427,397 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,885,514 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$536,778 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,411,182 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $299,799 | CashBOYAmt |
| Cash EOY | $353,737 | CashEOYAmt |
| Cash EOYFMV | $353,737 | CashEOYFMVAmt |
| Other Investments BOY | $55,532,949 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $54,943,005 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $71,500,128 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $26,990 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $25,719 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,271 | LandBOYAmt |
| Land EOY | $1,271 | LandEOYAmt |
| Land EOYFMV | $1,271 | LandEOYFMVAmt |
| Other Assets BOY | $1,090,325 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,090,325 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,090,325 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $56,924,344 | TotalAssetsBOYAmt |
| Total Assets EOY | $56,388,338 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $72,945,461 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $772 | AccountsPayableEOYAmt |
| Total Liabilities EOY | $772 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $56,924,344 | RetainedEarningBOYAmt |
| Retained Earning EOY | $56,387,566 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $56,924,344 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $56,387,566 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $56,924,344 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $56,388,338 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $56,924,344 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$536,778 | ExcessRevenueOverExpensesAmt |
| Subtotal | $56,387,566 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $56,387,566 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|
| WELLINGTON K-1 | P | 2013-12-31 | $141,515 | -$141,515 | -$141,515 | |
| WELLINGTON K-1 | P | 2013-12-31 | $146,851 | -$146,851 | -$146,851 | |
| ADVISORY RESEARCH K-1 | P | 2013-12-31 | $19,176 | $19,176 | $19,176 | |
| ADVISORY RESEARCH K-1 | P | 2013-12-31 | $579,035 | $579,035 | $579,035 | |
| SANDERSON INTERNATIONAL K-1 | P | 2013-12-31 | $39,854 | $39,854 | $39,854 | |
| SANDERSON INTERNATIONAL K-1 | P | 2013-12-31 | $571,096 | $571,096 | $571,096 | |
| VANGUARD | P | 2013-12-31 | $1,668,670 | $431,330 | $431,330 | $2,100,000 |
| AEW K-1 | P | 2013-12-31 | $354 | $354 | $354 | |
| T ROWE | P | 2013-12-31 | $133,887 | $133,887 | $133,887 | |
| SETTLEMENT | P | 2013-12-31 | $18 | $18 | $18 | |
| AEW K-1 | P | 2013-12-31 | $42,561 | $42,561 | $42,561 | |
| CAPITAL GAIN DIVIDENDS | P | $20,880 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,549,825 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,058,153 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $61,699,771 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.049565 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,875,550 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $59,642,575 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.048213 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $4,399,307 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $58,091,406 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.075731 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,000,825 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $50,564,443 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.079123 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $8,052,110 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $63,350,601 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.127104 | DistributionYr5Rt |
| Total Distribution | 0.379736 | TotalDistributionRt |
| Average Distribution | 0.075947 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $66,908,613 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $5,081,508 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $24,112 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $5,105,620 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,885,514 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $48,224 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $48,224 | SubtotalAmt |
| Tax Based On Investment Income | $48,224 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $68,156 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $68,156 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $19,932 | OverpaymentAmt |
| Applied To ES Tax | $19,932 | 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 | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| 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 (11 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BEN W BLANTON | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | DIRECTOR | 2.0 | $0 | $0 | $0 |
| MARGARET C BOWLES | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | SECRETARY | 2.0 | $0 | $0 | $3,370 |
| ELIZABETH A CASSELMAN | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | EXECUTIVE DIRECTOR | 40.0 | $129,000 | $12,900 | $0 |
| ALEXANDER W CLOWES | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | PRESIDENT | 2.0 | $0 | $0 | $5,776 |
| DOUGLAS S CLOWES | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | DIRECTOR | 2.0 | $0 | $0 | $442 |
| EDITH CLOWES | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | DIRECTOR | 2.0 | $0 | $0 | $615 |
| JONATHAN J CLOWES | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | VICE PRESIDENT | 2.0 | $0 | $0 | $737 |
| LYNN L CLOWES | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | DIRECTOR | 2.0 | $0 | $0 | $0 |
| WILLIAM H MARSHALL | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | TREASURER | 2.0 | $0 | $0 | $0 |
| CAROLYN OSTEEN | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | DIRECTOR | 2.0 | $0 | $0 | $519 |
| DONNA L WILEY | ||||||||
| 320 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | DIRECTOR | 2.0 | $0 | $0 | $766 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | 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 | $99,043 |
| BKD LLP | |||||
| 201 N Illinois Street Suite 700 | INDIANAPOLIS | IN | 46204 | Accounting/Consultin | $75,500 |
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 | $36,981,205 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $422,940 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $30,523,381 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $67,927,526 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $67,927,526 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,018,913 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $66,908,613 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,345,431 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,345,431 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $48,224 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $48,224 | TotalTaxAmt |
| Distributable Before Adj | $3,297,207 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,297,207 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,297,207 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,885,514 | 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 | $2,885,514 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,885,514 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,297,207 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2011 | PriorYear1Yr |
| Prior Year2 | 2010 | PriorYear2Yr |
| Prior Year3 | 2009 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $4,919,280 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,495,837 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,512,945 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $355 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,928,417 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,885,514 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $2,885,514 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $411,693 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $411,693 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $7,516,724 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $4,507,587 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,009,137 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,495,837 | ExcessFromYear4Amt |
| Excess From Year3 | $1,512,945 | ExcessFromYear3Amt |
| Excess From Year1 | $355 | ExcessFromYear1Amt |
| 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 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| 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 | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | See Attached Listing | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Attached | GrantOrContributionPurposeTxt |
| Amt | $2,401,724 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,401,724 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE STATEMENT | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | See Attached | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | See Attached | GrantOrContributionPurposeTxt |
| Amt | $1,275,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,275,500 | 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 | $8,797 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,249,634 | 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 | $30,323 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,549,825 | 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 | $2,838,579 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,838,579 | 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 | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| BKD, LLP | $75,500 | $75,500 |
| YOUNT AND COMPANY, LLC | $11,000 | $11,000 |
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 | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| 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 | $1,341 | DDB | 5 | |
| OFFICE FURNISHINGS | 2007-09-19 | $720 | $596 | DDB | 7 | $35 |
| OFFICE FURNISHINGS | 2007-10-22 | $983 | $809 | DDB | 7 | $50 |
| REFRIGERATOR | 2007-08-13 | $391 | $391 | M5 | ||
| COMPUTER EQUIPMENT | 2008-08-13 | $1,142 | $1,018 | DDB | 5 | $50 |
| OFFICE EQUIPMENT | 2008-07-08 | $1,000 | $896 | DDB | 5 | $42 |
| COMPUTER | 2009-08-17 | $2,813 | $2,286 | DDB | 5 | $211 |
| LAPTOP | 2009-09-14 | $768 | $624 | DDB | 5 | $58 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| WELLINGTON TRUST COMPANY | $3,642,025 | $4,401,826 |
| T. ROWE PRICE INVESTMENT FUND | $1,787,370 | $3,791,477 |
| AEW | $1,563,259 | $1,912,282 |
| FORESTER INVESTMENT | $3,500,000 | $5,500,171 |
| SANDERSON INTERNATIONAL | $8,364,244 | $10,563,325 |
| TITAN | $3,086,719 | $5,459,909 |
| ADVISORY RESEARCH MID CAP | $3,285,774 | $4,650,178 |
| THE VANGUARD GROUP | $29,713,614 | $35,220,960 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (18 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| 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 | $1,341 | $73 |
| OFFICE FURNISHINGS | $720 | $631 | $89 |
| OFFICE FURNISHINGS | $983 | $859 | $124 |
| REFRIGERATOR | $391 | $391 | |
| COMPUTER EQUIPMENT | $1,142 | $1,068 | $74 |
| OFFICE EQUIPMENT | $1,000 | $938 | $62 |
| COMPUTER | $2,813 | $2,497 | $316 |
| LAPTOP | $768 | $682 | $86 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FAEGRE BAKER DANIELS | CategoryTxt |
| Legal Fees | $26,239 | LegalFeesAmt |
| Disbursements Charitable Prps | $26,239 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ART COLLECTION | Desc |
| BOY Book Value | $1,090,325 | BOYBookValueAmt |
| EOY Book Value | $1,090,325 | EOYBookValueAmt |
| EOYFMV | $1,090,325 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| MEMBERSHIP DUES | $14,825 | $14,825 | |
| MEALS AND ENTERTAINMENT | $2,712 | $2,712 | |
| OFFICE SUPPLIES | $1,603 | $1,603 | |
| POSTAGE | $471 | $471 | |
| TELEPHONE | $2,923 | $2,923 | |
| ANNUAL MEETING EXPENSE | $20,228 | $19,014 | $1,214 |
| DIRECTOR EXPENSES | $17,518 | $17,518 | |
| MISCELLANEOUS EXPENSES | $165 | $165 | |
| BANK FEES | $1,983 | $1,983 | |
| INTERNET | $1,053 | $1,053 | |
| OFFICE EQUIPMENT | $5,692 | $5,692 | |
| WEBSITE | $4,498 | $4,498 | |
| REMOTE ACCESS EXPENSE | $3,708 | $3,708 | |
| SOFTWARE | $1,059 | $1,059 | |
| HARDWARE | $107 | $107 | |
| OFFICE FURNISHINGS | $34 | $34 | |
| PARKING | $6,208 | $6,208 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Sanderson | $25,597 | $25,597 |
| Wellington | -$17,862 | -$17,862 |
| AEW | $22,588 | $22,588 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PRIME BUCHHOLZ FEES | $90,000 | $90,000 | |
| ADVISORY RESEARCH MID CAP | $46,428 | $46,428 | |
| WELLINGTON TRUST | $36,737 | $36,737 | |
| SANDERSON INTERNATIONAL | $99,043 | $99,043 | |
| COMPUTER CONSULTING | $5,466 | $5,466 | |
| AEW FEES | $15,510 | $15,510 | |
| CONSULTING SERVICES | $76,096 | $76,096 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $30,753 | $30,753 |
| EXCISE TAX | $62,000 |