STRATEGY STUDIO / PUBLIC DATA EXPLORER

NATHAN M CLARK FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
NATHAN M CLARK FOUNDATION (EIN 20-1201954)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-11-14
IRS object ID
201233199349100428
Schema version
2011v1.3
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-11-14T09:27:46-06:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1345 Park AvenueAddressLine1
CityNew YorkCity
StateNYState
ZIP Code101540102ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN201201954EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1NATHAN M CLARK FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% PNC BANK NA-TAX DEPARTMENInCareOfName
Name ControlNATHNameControl
Phone2155855583Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O PNC BANK NA 1600 MARKET STAddressLine1
Address Line2TAX DEPARTMENTAddressLine2
CityPHILADELPHIACity
StatePAState
ZIP Code191037240ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCaroline GouldName
TitleVP and TreasurerTitle
Phone2155855583Phone
Date Signed2012-11-14DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameKPMG LLPName
Phone2127589700Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY144567FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss12000ContriReceivedRevAndExpnss
Dividends Rev And Expnss1DividendsRevAndExpnss
Dividends Net Invst Incm1DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses12001TotalRevenueAndExpenses
Total Net Investment Income1TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Other Expenses Rev And Expnss185OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps185OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss185TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps185TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss11000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps1000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss11185TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps1185TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses816ExcessOfRevenueOverExpenses
Net Investment Income1NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Investments Other BOY143751InvestmentsOtherBOY
Investments Other EOY144567InvestmentsOtherEOY
Investments Other EOYFMV144567InvestmentsOtherEOYFMV
Total Assets BOY143751TotalAssetsBOY
Total Assets EOY144567TotalAssetsEOY
Total Assets EOYFMV144567TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY143751CapitalStockBOY
Capital Stock EOY144567CapitalStockEOY
Total Net Assets BOY143751TotalNetAssetsBOY
Total Net Assets EOY144567TotalNetAssetsEOY
Total Liabilities Net Assets BOY143751TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY144567TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY143751TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses816ExcessOfRevenueOverExpenses
Subtotal144567Subtotal
Total Net Assets Fund Balances EOY144567TotalNetAssetsFundBalancesEOY
FieldValueIRS element (for citing)
Capital Gains And LossesCapitalGainsAndLosses

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year110635QualifyingDistributionsYear1
Noncharitable Assets Year1138178NoncharitableAssetsYear1
Distribution Ratio Year10.076966DistributionRatioYear1
Qualifying Distributions Year23533QualifyingDistributionsYear2
Noncharitable Assets Year2140593NoncharitableAssetsYear2
Distribution Ratio Year20.025129DistributionRatioYear2
Qualifying Distributions Year314504QualifyingDistributionsYear3
Noncharitable Assets Year3127438NoncharitableAssetsYear3
Distribution Ratio Year30.113812DistributionRatioYear3
Qualifying Distributions Year41450QualifyingDistributionsYear4
Noncharitable Assets Year481760NoncharitableAssetsYear4
Distribution Ratio Year40.017735DistributionRatioYear4
Qualifying Distributions Year5410QualifyingDistributionsYear5
Noncharitable Assets Year519964NoncharitableAssetsYear5
Distribution Ratio Year50.020537DistributionRatioYear5
Total Distribution Ratio0.254179TotalDistributionRatio
Average Distribution Ratio0.050836AverageDistributionRatio
Net Noncharitable Assets142415NetNoncharitableAssets
Adjusted Noncharitable Assets7240AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One7240AdjNonchrtblAssetsAndOnePct
Qualifying Distributions1185QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax0InvestmentIncomeExciseTax
Total Credits And Payments0TotalCreditsAndPayments
Overpayment0Overpayment
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithDEStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1PNC BANK NA-TAX DEPARTMENTBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number2155855583BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line11600 MARKET STREETAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code191037240ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationstrueGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilitytrueMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
NATHAN M CLARK
C/O PNC BANK NA 1600 MARKET STPHILADELPHIAPA191037240PRESIDENT0.01000
CAROLINE GOULD
C/O PNC BANK NA 1600 MARKET STPHILADELPHIAPA191037240VP AND TREASURER0.01000
JULIE WILLBOURN
C/O PNC BANK NA 1600 MARKET STPHILADELPHIAPA191037240SECRETARY0.01000
BENJAMIN LOVELL
C/O PNC BANK NA 1600 MARKET STPHILADELPHIAPA191037240DIRECTOR0.01000
PNC BANK N A
C/O PNC BANK NA 1600 MARKET STPHILADELPHIAPA191037240AGENT FOR TRUSTEES0.01000
FieldValueIRS element (for citing)
Summary Of Direct Charitable ActySummaryOfDirectCharitableActy
Sum Of Program Related InvestmentsSumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities144584AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances0AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets144584TotalFMVOfUnusedAssets
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets144584AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable2169CashDeemedCharitable
Net Noncharitable Assets142415NetNoncharitableAssets
Minimum Investment Return7121MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return7121MinimumInvestmentReturn
Distributable Amount Before Adj7121DistributableAmountBeforeAdj
Distributable Amount Before Ded7121DistributableAmountBeforeDed
Distributable Amount As Adjusted7121DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions1185ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets0AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test0AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test0AmountsSetAsideCashDistriTest
Qualifying Distributions1185QualifyingDistributions
Adj Qualifying Distributions1185AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted7121DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Prior Year12009PriorYear1
Prior Year22008PriorYear2
Prior Year32007PriorYear3
Excess Distri Carryover Year35176ExcessDistriCarryoverYear3
Excess Distri Carryover Year13726ExcessDistriCarryoverYear1
Total Excess Distri Carryover8902TotalExcessDistriCarryover
Qualifying Distributions1185QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Current Year1185AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus5936ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY5936ExcessDistriCyovAppliedCY
Total Corpus2966TotalCorpus
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year2966ExcessDistriCyovToNextYear
Excess From Year12966ExcessFromYear1
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundations

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ROCKFORD WOODLAWN FUND INC
1020 NORTH BANCROFT PARKWAY 2ND FLWILMINGTONDE19805501(C)(3) PRIVATE FNTHE GRANT TO ROCKFORD WOODLAWN WAS IN FURTHERANCE OF THEIR AIMS TO ASSIST CHARITABLE ORGANIZATIONS WITH ORGANIZATIONAL EXPENSES.$10,000
THE UNIVERSITY OF ARTS
320 SOUTH BROAD STREETPHILADELPHIAPA19102170(B)(1)(A)(II)SCHOOL OF DANCE$1,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year11000TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

FieldValueIRS element (for citing)
Fees Contracts From Govt AgenciesFeesContractsFromGovtAgencies
Membership Dues And AssessmentsMembershipDuesAndAssessments
Int On Savings And Temp Cash InvstIntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$1ExclusionAmount
FieldValueIRS element (for citing)
Net Rental Incm Re Debt Fincd PropNetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal PropertyNetRentalIncmPersonalProperty
Other Investment Income Part VIIOtherInvestmentIncomePartVII
Gain Sales Assets Oth Than InvntryGainSalesAssetsOthThanInvntry
Net Income Loss From Special EventsNetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of InvntryGrossProfitLossSalesOfInvntry

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$1ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA1TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor Number1ContributorNumber
Contributor Name IndividualNATHAN CLARK CO PNC BANK DELAWAREContributorNameIndividual

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1222 DELAWARE AVENUEAddressLine1
CityWillmingtonCity
StateDEState
ZIP Code19899ZIPCode
FieldValueIRS element (for citing)
Aggregate Contributions12000AggregateContributions
Person Contribution TypeXPersonContributionType

Depreciation Schedule DepreciationSchedule

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibility

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROCKFORD WOODLAWN FUND INCBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line11020 NORTH BANCROFT PARKWAY 2ND FLAddressLine1
CityWILMINGTONCity
StateDEState
ZIP Code19805ZIPCode
FieldValueIRS element (for citing)
Grant Date2011-02-01GrantDate
Grant$10,000GrantAmount
Grant PurposeTO ASSIST CHARITABLE ORGANIZATIONS WITH ORGANIZATIONAL EXP EXCLUSIVELY FOR 170(B)(C)(2)(B) PURPOSESGrantPurpose
Amount Expended By Grantee10000AmountExpendedByGrantee
Any Diversion By GranteeNOAnyDiversionByGrantee
Dates Of Reports By Grantee12/12/2011DatesOfReportsByGrantee

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemCASH EQUIVALENTS-BLACKROCK FNDCategoryOrItem
Listed At Cost Or FMVAT COSTListedAtCostOrFMV
Book Value144567BookValue
EOYFMV144567EOYFMV

Land Etc Schedule2 LandEtcSchedule2

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionDELAWARE CORPORATE SVC FEESDescription
Revenue And Expenses Per Books185RevenueAndExpensesPerBooks
Disbursements Charitable Prps185DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory
FEDERAL EXCISE TAX 990-PF 2009
FEDERAL EXCISE TAX 990-PF 2004