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Clark College Foundation
Founded in 1973 and governed independently from Clark College, the Foundation funnels philanthropic capital into scholarships, campus infrastructure, and...
Clark College Foundation
Founded in 1973 and governed independently from Clark College, the Foundation funnels philanthropic capital into scholarships, campus infrastructure, and programmatic grants. Its core relationship is with the college itself, but named partners including the Cowlitz Indian Tribe, Rivermark Community Credit Union, the M.J. Murdock Charitable Trust, and the Tod and Maxine McClaskey Family Foundation provide the donor base that drives distributions. CEO Calen D.B. Ouellette and CFO Daniel Rogers run day-to-day operations. CCF pursues a blended strategy spanning growth capital, venture fund commitments, buyouts, and secondaries. The endowment's real-asset footprint is unusually explicit for a community-college foundation: it owns the land under the Boschma Farms campus in Ridgefield, an Advanced Manufacturing Center there, commercial parcels at Fourth Plain and Fort Vancouver Way, a Columbia Tech Center facility in East Vancouver, and a residential property on 33rd Street. On the venture side, the Foundation participates in early-stage, seed, startup, and expansion-stage investments through both direct deals and fund-of-funds commitments. CCF participates in NACUBO-Commonfund endowment studies and is an active member of the Council for Advancement and Support of Education (CASE). The Foundation stewards several named philanthropic vehicles, including the Clark College Innovation Fund and the Clark College Student Success Fund. Its most visible campus asset is the McClaskey Culinary Institute, funded by the Tod and Maxine McClaskey Family Foundation, which operates alongside a Veterans Center of Excellence and a campus art collection that includes multiple installation works. The Foundation distinguishes itself by directly holding the commercial and mixed-use real estate that houses Clark College's satellite campuses. This hybrid endowment-operating company structure means CCF is a landlord to the institution it supports, giving it a dual posture rare among community-college foundations. The Boschma Farms land gift from Hank and Bernice Boschma exemplifies the model: the Foundation acquired the parcel, developed the campus, and now manages the asset while the college delivers programming.
General information
Firm type
Endowment / Foundation
Year founded
1973
Location
Region
North America
Country
United States
City
Vancouver
Corporate office
Vancouver, Washington, United States
Principals
Calen D.B. Ouellette
Chief Executive Officer
Daniel Rogers
Chief Financial Officer and Assistant Vice President of Foundation Operations
Sector focus
Frequently asked questions
Who runs investment decisions at Clark College Foundation?
Daily operations fall to CEO Calen D.B. Ouellette and CFO Daniel Rogers. The Foundation is governed by its own independent board, which oversees the endowment's allocation across real estate, venture, and fund commitments. Specific investment committee members are not publicly identified.
How is Clark College Foundation related to Clark College?
The Foundation is a separate, self-governed 501(c)(3) nonprofit — not a department of the college. Its legal independence allows it to hold real estate, manage endowments, and make investment decisions outside the college's operational budget. Clark College remains the primary beneficiary of its grantmaking.
Does Clark College Foundation invest directly in real estate or only through funds?
CCF directly owns several commercial and mixed-use properties. Holdings include the Boschma Farms campus land and Advanced Manufacturing Center in Ridgefield, commercial parcels on Fourth Plain and Fort Vancouver Way, a Columbia Tech Center facility, and a residential property. This direct-ownership posture is unusual for an endowment of its size.
What investment stages does Clark College Foundation target?
CCF's strategy spans early-stage seed and startup, late-stage and expansion capital, buyouts, growth equity, mezzanine, secondaries, and fund-of-funds commitments. Its venture exposure is generalist, not confined to a single stage or thesis.
Where does Clark College Foundation's capital come from?
The endowment is built on contributions from regional donors, including the Cowlitz Indian Tribe, the M.J. Murdock Charitable Trust, Rivermark Community Credit Union, the Columbia Pacific Foundation, and named families such as McClaskey and Boschma. No single wealth origin or family fortune backs the Foundation.
What philanthropic structures does the Foundation operate?
CCF runs the Clark College Innovation Fund and the Student Success Fund as dedicated philanthropic vehicles. It also stewards named campus assets, including the McClaskey Culinary Institute and the Veterans Center of Excellence, which are funded through restricted gifts rather than endowment distributions.
How large is Clark College Foundation's endowment?
CCF does not publish a current AUM figure. Altss estimates the endowment at roughly $100 million, based on the scale of its real estate holdings, philanthropic distribution activity, and participation in NACUBO-Commonfund peer studies.
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