Clayco Foundation
The Clayco Foundation is a corporate foundation based in Chicago, Illinois, established in 2015. Designated as a 501(c)(3) organization, it operates as a private independent foundation focused on philanthropic grantmaking and community support initiatives.
Key facts about Clayco Foundation
- EIN
- 47-1330583
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,890,706
- Grants made (2024)
- 18
- Average grant
- $105,039
- Median grant
- $87,500
- Primary geography
- New York (40% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026.
Who Clayco Foundation funds
By grant dollars, the top recipient states for Clayco Foundation's 18 itemized 2024 grants were New York (40%), Illinois (22%) and Missouri (16%). The most frequent recipient cities were Chicago, IL (5 grants), New York, NY (4 grants), St Louis, MO (2 grants) and Philadelphia, PA (2 grants). None of its 18 grants with a stated purpose were described as general or operating support. Recurring purposes include "Ellen S Clark RVCL Research Fund" (3 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.9M
-10.2% YoY
Grant Count
18
-5.3% YoY
Avg Grant Size
$105K
-5.2% YoY
Mission & Focus Areas
The foundation's primary mission centers on supporting educational endeavors and advancing equity and inclusion. Key focus areas include:
Aviation and Aerospace Education: The Ellen S. Clark RVCL Research Fund enhances, promotes, and supports academic awareness of aviation and aerospace career opportunities for underrepresented students.
Equity and Social Justice: The Juneteenth Fund reflects an unwavering commitment to supporting individuals and organizations dedicated to promoting freedom, equity, and safety in communities.
Community-Based Organizations: The foundation prioritizes support for true community-based organizations whose purpose aligns with its mission, with support not tied to individual projects, political requests, or business use cases.
Grantmaking
Grant Range
s and Distribution:**
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Geographic Focus
Where this funder awards grants
The foundation funds organizations in:
- Chicago, Illinois
- St. Louis, Missouri
- Atlanta, Georgia
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
2023 Financial Summary:
- Total Revenue: $2,520,676
- Total Expenses: $2,250,404
- Total Assets: $1,107,736
- Total Liabilities: $0
- Number of Employees: 0
Tax Status:
- Tax-exempt since January 2015
- EIN: 47-1330583
- Form 990-PF filer
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include University of Pennsylvania School of Medicine ($560,000 across 3 grants), Washington University ($260,625), University of Chicago ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| University of Pennsylvania School of Medicine New York, NY | Ellen S Clark RVCL Research Fund | $312,500 |
| Washington University ST LOUIS, MO | RVCL Anti-body | $260,625 |
| University of Chicago CHICAGO, IL | Discretion of Dean of the Division of Biological Sciences and the Pritzker School of Medicine | $200,000 |
| Netherland America Foundation New York, NY | University of Leiden Medical Center, RVCL Research | $200,000 |
| University of Michigan ANN ARBOR, MI | RVCL Research, Nourti Neamati, Ph.D. | $145,081 |
| University of Pennsylvania School of Medicine New York, NY | Ellen S Clark RVCL Research Fund | $137,500 |
| Greater Chicago Food Depository CHICAGO, IL | Nourish Campaign | $125,000 |
| University of Pennsylvania School of Medicine New York, NY | Ellen S Clark RVCL Research Fund | $110,000 |
| The Pennsylvania State University UNIVERSITY PARK, PA | Clayco Diversity Scholarship in the Dept of Architectural Engineering | $100,000 |
| Ace Mentor Program of America Philadelphia, PA | Architecture, Construction & Engineering Mentorship | $75,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Bob Clark is identified as Executive Chairman & Founder of Clayco (the parent organization).
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
**2024:**
The foundation hosted its fourth annual Juneteenth Fund Celebration on June 15, 2024, at The Geraghty in Chicago. The event featured entertainment, emotional testimony, and remarks from dignitaries including Ciere Boatright, commissioner of the Chicago Department of Planning and Development, and Illinois Congressman Jonathan Jackson. Seven organizations received $25,000 grants each.
Clayco Foundation Donates $150,000 at Second Annual Juneteenth Fund Celebration**2023:**
The foundation hosted "Illumination," a nonprofit event designed to support educational endeavors, with proceeds benefiting RVCL research development at Washington University. The foundation made 19 grants to various organizations.
Clayco Foundation Donates $150,000 at Second Annual Juneteenth Fund Celebration**Historical Juneteenth Fund Growth:**
2020: Fund inception
2021: First annual celebration; $140,000 distributed to seven organizations
2022: Second annual celebration; $150,000 distributed to six organizations
Clayco Foundation Donates $150,000 at Second Annual Juneteenth Fund Celebration2024: Fourth annual celebration; $175,000 distributed to seven organizations
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Clayco Foundation fund?
The foundation's primary mission centers on supporting educational endeavors and advancing equity and inclusion. Key focus areas include: • **Aviation and Aerospace Education**: The Ellen S. Clark RVCL Research Fund enhances, promotes, and supports academic awareness of aviation and aerospace career opportunities for underrepresented students. • **Equity and Social Justice**: The Juneteenth Fund reflects an unwavering commitment to supporting individuals and organizations dedicated to promoting…
How do I apply for a grant from Clayco Foundation?
**Grant Sizes and Distribution:** • Typical grant amounts: $20,000 to $25,000 per organization • The foundation made 19 grants in 2023 **Juneteenth Fund Activity:** • Since its 2020 inception, the Juneteenth Fund has distributed over $620,000 to 27 nonprofit organizations • Annual Juneteenth Fund celebrations distribute grants to multiple organizations each year • 2024 grants: Seven organizations received $25,000 each • 2022 grants: Six organizations received $25,000 each • 2021 grants: Seven o…
Where does Clayco Foundation make grants?
The foundation funds organizations in: • Chicago, Illinois • St. Louis, Missouri • Atlanta, Georgia
What size grants does Clayco Foundation award?
In 2024, Clayco Foundation awarded 18 grants totaling $1.9M — an average of about $105K per grant, based on its IRS Form 990 filings.
What is Clayco Foundation's EIN?
Clayco Foundation's EIN (Employer Identification Number) is 47-1330583. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Clayco Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.