Clough Family Foundation in Palisade, Colorado (CO)

Table of contents:

Organization representatives - add corrected or new information about Clough Family Foundation »

Non-representatives - add comments about Clough Family Foundation»

Clough Family Foundation
Employer Identification Number (EIN)264098267
Name of OrganizationClough Family Foundation
In Care of NameTed V Clark Cpa Pc
AddressPO BOX 930, Palisade, CO 81526-0930
SubsectionCharitable Organization
Ruling Date11/2009
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$4,716,483
Amount of Income$763,492
Form 990 Revenue Amount$810,410
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 54.237.98.229 will be logged.

Amount of income in 2012: $763,492 (it was $810,410 in 2011)
Clough Family Foundation: 

 $763,492
Other organizations performing similar types of work: 

 $97,434

Assets in 2012: $4,716,483 (it was $4,584,180 in 2011)
Clough Family Foundation: 

 $4,716,483
Other organizations performing similar types of work: 

 $303,611

Financial snapshot ($)

Revenue for 2011

Assets for 2011

Analysis of Revenue and Expenses (for 2011)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$810,410$261,468$0
Contributions, gifts, grants, etc., received$548,942
Interest on savings and temporary cash investments$36,209
Dividends and interest from securities$106,522
Gross rents$0
Gross profit from sales of goods$0
Other income$343
Other$118,394
Total expenses and disbursements$218,507$0$0$218,507
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$0$0$0
Contributions, gifts, grants paid$218,507
Excess of revenue over expenses and disbursements$591,903
Net investment income$261,468
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$4,584,180$5,177,762
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$486,188
Investments-corporate stock$617,894
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$2,839,422
Other$640,676
Total liabilities$0
Total liabilities and net assets/fund balances$4,584,180
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$118,394
Net capital loss$0
Excise Tax Based on Investment Income (for 2011)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$5,229
Total credits and payments$2,600
2011 estimated tax payments and 2010 overpayment credited to 2011$2,600
Exempt foreign organizations-tax withheld at source$0
Tax paid with application for extension of time to file (Form 8868)$0
Backup withholding erroneously withheld$0
Any penalty for underpayment of estimated tax$0
Tax due$2,629
Amount to be credited to 2012 estimated tax$0
Statements Regarding Activities (for 2011)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2011)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2011)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$4,683,034
Net value of noncharitable-use assets$4,612,780
Minimum investment return$230,639
Distributable Amount (for 2011)
Distributable amount$225,410
Undistributed Income (for 2011)
Distributable amount for 2011$225,410
Undistributed income for 2011. This amount must be distributed in 2012$0
Private Operating Foundations (for 2011)
2011201020092008Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Clough Family Foundation to others? (optional)
  
Add photo of Clough Family Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»


Recently Added Reviews
Mile High Tumblers Foundation in Boulder, CO
*****
Grace Bible Chapel International in Grand Jct, CO
Childrens Advisory Network in Centennial, CO
*****
Christian & Missionary Alliance, National Office in Colorado Spgs, CO
*****
National Foundation Of Dentistry For The Handicapped, Dental Lifeline Network-Ca in Denver, CO
*****
Constitutional Rights Foundation in Los Angeles, CA
*****
Barelas Resident Council in Albuquerque, NM
*****
Humane Society Of Eastern Oregon Pet Rescue in Hermiston, OR
Montrose Baptist Church in Montrose, GA
*****
Sarah Ann Drop In Center Inc in Naples, FL
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Ball FoundationPO BOX 9005, Broomfield, CO 80021-0905CO2013-05$28,958,450
2Usafa Endowment Inc3116 Academy Dr Unit 200, Usaf Academy, CO 80840-4403CO2008-03$19,722,578
3Staley Family FoundationPO BOX 19000, Avon, CO 81620-9010CO2009-12$11,575,562
4The Boedecker Foundation2120 13th St, Boulder, CO 80302-4802CO2008-03$7,497,214
5The Ponzio Family Foundation34350 Stagecoach Blvd, Evergreen, CO 80439-7913CO2002-01$5,373,268
6Cchn Ventures600 Grant Street, Denver, CO 80203-3524CO2011-10$3,001,002
7Cason Foundation134 S Monroe St, Denver, CO 80209-3016CO2011-03$2,451,508
8Schotters Family Charitable Foundation4051 Preserve Pkwy N, Greenwood Vlg, CO 80121-3923CO2001-06$2,043,605
9Society Of Economic Geologist Foundation Inc7811 Shaffer Pkwy, Littleton, CO 80127-3732CO1967-01$1,368,686
10The Strauss Family Foundation, Jeffry Strauss10 Windover Rd, Greenwood Vlg, CO 80121-1216CO2008-06$1,360,098
11Marcus Foundation250 Jasmine St, Denver, CO 80220-5900CO2009-06$1,330,962
12R David And Suzanne A Hoover Charitable Trust7209 Rustic Trl, Boulder, CO 80301-3938CO2012-10$1,262,262
13The Maggiegeorge Foundation3033 E 1st Ave Ste 400, Denver, CO 80206-5619CO1999-08$1,164,663
14Stolberg Foundation For Preschool Childcare370 17th St Ste 3650, Denver, CO 80202-1378CO1995-05$1,118,733
15Living Rock Foundation1544 Oxbow Dr Ste 200, Montrose, CO 81401-5190CO2012-09$1,013,508
16Chipotle Cultivate Foundation1401 Wynkoop St Ste 500, Denver, CO 80202-1729CO2011-08$1,007,530
17Wright Family Foundation1440 High St, Boulder, CO 80304-4116CO1999-12$873,057
18Steffens FoundationPO BOX 271170, Louisville, CO 80027-5021CO2005-05$857,441
19Clough Family FoundationPO BOX 930, Palisade, CO 81526-0930CO2009-11$763,492
20The Luskey Family Foundation, Luskey Randolph K Co-Ttee1580 Lincoln Street, Denver, CO 80203-1501CO2001-01$754,660
Number of organizations performing similar types of work
Alaska25
Alabama192
Arkansas70
Arizona288
California2,416
Colorado378
Connecticut382
District of Columbia106
Delaware539
Florida1,396
Georgia456
Hawaii80
Iowa165
Idaho53
Illinois1,024
Indiana284
Kansas148
Kentucky156
Louisiana146
Massachusetts669
Maryland401
Maine82
Michigan596
Minnesota362
Missouri307
Mississippi62
Montana62
North Carolina519
North Dakota20
Nebraska159
New Hampshire72
New Jersey843
New Mexico87
Nevada190
New York2,482
Ohio691
Oklahoma217
Oregon198
Pennsylvania1,160
Rhode Island172
South Carolina161
South Dakota27
Tennessee240
Texas1,146
Utah259
Virginia453
Vermont52
Washington359
Wisconsin355
West Virginia66
Wyoming57
International34
Total20,864

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Clough Family Foundation and has no official or unofficial affiliation with Clough Family Foundation